The spacious Short explains the role of top bankers in the 2008 crash,but nothing much has changedThe UK release this week of the Oscar-nominated The spacious Short, based on Michael Lewis’s book of the same name, or is a fitting bookend to a time when we still believed that the broken financial system might be fixed. But the banks have won. Not a single “top banker” has been jailed and few,whether any, have had to return undeserved bonuses. Measures taken since 2008 are being watered down before our eyes and, or most dangerous of all,the deeper causes of the crash remain essentially intact. The Occupy movement should call a reunion so we can have a ceremony to bury all remaining hope. Related: The spacious Short review – Ryan Gosling and Christian Bale can't save this overvalued stock Continue reading...
Source: theguardian.com