did anybody catch that clip up Carl Levin and Viniar that was replayed? I missed the context and was curious wtf it was doing there. I saw JPM as a sponsor but what?
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never mind figured it out
Was it a clip from Inside Job?
yes
Frankly, I was a little miffed that the director (Charles Ferguson), before he said anything, said "And let the record show that after 3 years of the financial collapse, not one executive has gone to jail."
Stoking the flames.
Agreed. I sorta cringed when he said that. But of course most of the room applauded him.
Accountability rises to the top, sympathy falls to the bottom.
Still though, I agree, when are they going to stop hating everyone in our industry? Especially new guys like me: I haven't even been here long enough to do anything! I'm part of the new generation that's going to help fix this. It's a bunch of self righteous, rich movie stars getting up and pretending that they are somehow necessary to society. I wish they would shut the fuck up and start making more good movies.
Wow, this is an ANGRY post. My bad. I think a nerve has been struck here
haha @HerSerendipity I love how he didn't go "and let the record show that no politician responsible for financial regulation has gone to jail"....always easier to take shots at CEOs than elected officials since you piss off far fewer people
The truely stupid thing about this is that documentary was not even close to the best of the year. Its totally just a political play by the acadmey.
Let's be clear, there are definitely people who should be in jail but instead walked away with hundreds of millions of dollars (Dick Fuld, Joe Cassano, for instance.) I don't see how this is even up for debate. Let's not act like the guys at the top really have to deal with much of anything. And no, a bunch of powerless joe schmos from bumblefuck, USA thinking bankers are evil doesn't count for anything.
Oh definitely, but how do you draw the line between incompetence (O'Neal, Prince, Lewis), and possibly criminal incompetence (Fuld, Cassano), or do the former three migrate over the line too? What exactly do you prosecute them for? Tricky stuff.
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