By Gilad Atzmon
“There is definitely a fear among certain Jews in this industry…And it’s because it’s spreading past Wall Street now. There’s a growing animosity towards the wealthy, and especially the wealthy that have made money on Wall Street and real estate and finance, as so many Jews have—some legitimately, some not so. It’s very easy to generalise that it must be the entire Jewish people.” Jewish employee with a top New York investment bank who asked that his name be withheld.Jewish Journal (October 7 2008)
“Inside Job”, The Academy Award documentary film about the current financial crisis is a worthy documentary, and it certainly delivers on many fronts. It explains the disastrous shift within the American financial industry over the last decade, exposing the elements, the decisions and the people who destabilised the global economy. In doing so, it provides an insight into the systematic, faulty structures that transformed American financial services industry markets into a risky bubble. And it also explains why the bubble eventually burst.