Charles Ferguson · 2010 · global
Charles Ferguson's Oscar-winning documentary traces the 2008 global financial crisis across the world's money centres, beginning with the collapse of newly deregulated Iceland and following the wreckage through Wall Street, Washington and on to the financial capitals of Europe and Asia.
- 1Reykjavik
The film opens in Iceland, a small nation that embraced American-style banking and deregulation, then watched its economy implode.
- 2New York
On Wall Street the giant investment banks built the toxic mortgage machine at the heart of the collapse.
- 3Washington
In the capital the film exposes the revolving door between the banks, the regulators and the academics who cleared their path.
- 4London
In the lightly policed City of London the same reckless instruments helped spread the contagion.
- 5Paris
French financiers and officials weigh the damage and the global scramble for reform.
- 6Singapore
In Asia's trading hubs the shockwaves ripple outward across the world economy.
- 7Shanghai
The trail reaches China, where a crisis born in America is felt at the far end of the earth.