Just watched the 2010 Oscar winning documentary 'Inside Job' this evening. It's a great documentary which gives us good insight (or you can say hindsight) of what, who caused the financial tsunami and how did it happened. It's so funny to see how some interviewees reacted and answered when they were bothered by aggressive questions. Some people even declined to be interviewed. So needless to say it explicitly, we almost know who is on white side and who's on the black side.
I feel quite pity for Elliott Spitzer, who was a former governor of New York and got interviewed in the documentary. When many of the Wall Street senior management colluded with some major government officers, he stood out to prosecute them. However his effort 'bounced back' - the Wall Street revenged on him and he was forced to resign.
I also have a mixed feeling towards the documentary's prosecution on Wall Street's compensation structure and their role in the financial tsunami. Thinking backward, I was one of the victims in the financial tsunami. But later I secured a job at one of the giant financial monsters, and 'enjoy' an above average pay package. I certainly cherish my job now, but never forget my bitter days back then. Lucky enough I managed to stand on my own feet in the downturn, but for those who become unemployed or bankrupt because of other people's greed and those have lower education or lower skills to survive in the recession, I feel for them...
I feel quite pity for Elliott Spitzer, who was a former governor of New York and got interviewed in the documentary. When many of the Wall Street senior management colluded with some major government officers, he stood out to prosecute them. However his effort 'bounced back' - the Wall Street revenged on him and he was forced to resign.
I also have a mixed feeling towards the documentary's prosecution on Wall Street's compensation structure and their role in the financial tsunami. Thinking backward, I was one of the victims in the financial tsunami. But later I secured a job at one of the giant financial monsters, and 'enjoy' an above average pay package. I certainly cherish my job now, but never forget my bitter days back then. Lucky enough I managed to stand on my own feet in the downturn, but for those who become unemployed or bankrupt because of other people's greed and those have lower education or lower skills to survive in the recession, I feel for them...
3 comments:
Indeed I watched it on 12 April 2011...
IFC or Broadway Yau Ma Tei~?
I watched in IFC, 7:50pm~ same?
Same same.
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