New Voice for Jailing Bank Execs

[marmar]

from Consortium News:



New Voice for Jailing Bank Execs
May 29, 2012

In a new book, Predator Nation, Charles Ferguson (who directed the Oscar-winning film “Inside Job”) says banking executives implicated in the fraud that devastated the economy in 2008 should go to jail, a position applauded by Danny Schechter, who has long advocated the same.

By Danny Schechter


The circle of those of us crusading for a jail-out of banksters – and not another bailout for them – is widening. Our newest member is Charles Ferguson, director of the film “Inside Job,” who is out with a new must-read book, Predator Nation, documenting and detailing how the financial elite and its values took over our culture and country.

When I first saw Ferguson’s film, coming out two years after my “Plunder: The Crime Of Our Time” on a similar subject, I was a bit jealous because of all the support he attracted from Sony and Hollywood insiders who waged a successful Oscar campaign on its behalf.

After selling a software company, he had access to big money for a film on big money. He could afford high production values but also the kind of marketing that indy filmmakers like myself dream about.

As a PhD, former business executive and government adviser, Ferguson also had developed a keen skill for synthesizing information and creating a filmic “explainer,” almost like a big screen power-point presentation, that recounts how we got into this financial crisis through government deregulation and/or complicity. A member of the elite himself, he is well schooled in how to talk to his counterparts. ..............(more)

The complete piece is at: http://consortiumnews.com/2012/05/29/new-voice-for-jailing-bank-execs/