The History of the American Financial Holocaust.

This is the coolest documentary you will ever watch.

Charles Ferguson is arguably an American hero. He produced, wrote, and directed this incredible documentary about the fraud and corruption that led to the global financial crisis in 2007 and 2008 and extends to the one we are about to experience in 2012 and 2013.

Then, upon winning the Academy Award for Best Documentary in 2011, he began his acceptance speech by stating, “Forgive me, I must start by pointing out that three years after our horrific financial crisis caused by financial fraud, not a single financial executive has gone to jail, and that’s wrong.”

Ferguson recently published his book, Predator Nation, and has continued his crusade to expose fraud, criminality and corruption in the private sector, in government, and in academia. In ways I can only dream about.

If you have not seen this movie, you have to watch it. If you know anyone who has not seen this movie, get them to watch it. Every American should be aware of what is transpiring at the highest levels of our financial governing infrastructure. Both here, in the U.S. and across the globe, particularly now in Europe. As you watch this film, think about all of the posts you have read here throughout the first half of this year. Well, at least the non-self-serving ones anyway.

Inside job image

Another one of my heroes.

Somehow, we need to get people to stop watching the evening news on TV. Somehow, we have to get people excited about being actually smart and knowledgeable and understanding about the financial issues that are affecting their everyday lives and driving their entire existence. Somehow, we need to stop paying attention to the Kardashians and start paying attention to Angela Merkel, the Fed and the Treasury, the bills that actually make it through Congress (someone should actually read them), and what people like Jamie Dimon are doing every day. Since all of that affects employment. All of that affects housing. All of that affects taxes. All of that affects our lives.

Charles Ferguson Sony Classics Tom Bernard, producer Audrey Marrs, Gillian Tett, and director Charles Ferguson attend the "Inside Job" Premiere during the 35th Toronto International Film Festival at Ryerson Theatre on September 9, 2010 in Toronto, Canada.

It is incredible to me that everyone who turns 18 is just given the right to vote. I suppose voting competency tests are right up there with parenting tests for would-be parents, and I know both are wrong and could never happen, but God, I can dream, right?  

Of course, this goes well beyond America’s borders; everyone in this world should make themselves aware of the injustice, criminality, and corruption that sways policy and creates a needlessly precarious and dangerous world for us all. 

Before you watch it, please be advised that a mind-mindbogglingly complex subject has been Kardashian-ed down to fit into a two hour window, and there is a certain amount of suspended disbelief, and a little dose of blind trust necessary to digest this film, but I know these guys ain’t lying. The best test of this is to note who did NOT agree to be interviewed for this film.

View it here:

http://vimeo.com/25491676#

If you have trouble viewing this, just hit reload until it plays. Thanks.

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About Steve King

iPeopleFINANCE™ Chief Operating Officer. Former CEO of Endymion Systems, Inc. a $36m Information Systems Services company. Co-founder of the Cambridge Systems Group, the creator of ACF2, the leading IBM Mainframe Data Center Security product; acquired by Computer Associates. IBM, seeCommerce, marchFIRST, Connectandsell alumni. UC Berkeley alumni. View all posts by Steve King

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