Inside Job: Minorities once again suffer the most!!!

The movie is still playing in some theaters you can also rent it at Redbox, for a $1 it's well worth it.

So, that it does not appear that I am jumping on the "inside Job" bandwagon, I actually went and read articles quoted in this film. 

I love this stuff. I have worked in banking for over 15 years so I knew most of this. The film successfully connects the dots.

Everyone who is looking for a job, or is underemployed, has loss a home, or knows someone who has suffered this fate should see this movie. I went to the theater and I was the only African American in the theater. Sad but true. Go see this and share your thought with me on this.

Who knew what and when:

1- FBI 2004 Mortgage fraud report:
 2004 Financial crisis report to the public.

2- Raghuram Rajan Former Chief Economist for IMF:
 "Has financial development made world risker?"

3- Nouriel Roubini's 2006 Warnings:
 "Why Central Banks Should Burst Bubbles* "

4- Allan Sloan's 2007 Article in Fortune Magazine:
 Junk Mortgages Under The Microscope

5- Allan Sloan's 2007 Article In Washington Post:
 An Unsavory Slice of Sub-prime

6- Bill Ackerman's 2007 Powerpoint:
"Who Holds The Bag?"

The best is the Ackerman's Powerpoint presentation: amazing!