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'Ghost Exchange' probes the volatile state of U.S. capital markets and their critical impact on America's economic future. The film explores the acceleration of the evolution of U.S. stock exchanges, and uncovers the risks resulting from this wholesale adoption. Wall Street has transformed from the world of human touch trading, to computer algorithm trading- where stocks are owned for mere microseconds. The thought-provoking documentary also examines how recent financial headlines are a direct result of automated systems running unchecked. The capital market system that many considered as the world's best, may have been inadvertently lost by the pursuit of speed and efficiencies that we still do not truly understand. Wall Street has become a 'ghost exchange'.
From the producers of ENRON: THE SMARTEST GUYS IN THE ROOM comes a Wall Street heist story about a still-unfolding financial crime so big, it has the power to affect all of our wallets. Investors on the fringes of the financial world feverishly seek new alternatives for high-return investments in the global markets, and have found a goldmine in China. But when one investor discovers a massive web of fraud, everything else is called into question. Jed Rothstein's documentary rings the alarm on the need for transparency in an increasingly deregulated financial world by following those working to uncover the biggest heist you've never heard of.
Michael Ruppert is an independent journalist who has made a minor career out of telling people news that most folks do not want to know. Ruppert, a former police officer, predicted the Wall Street debacle of 2008 several years before the fact, at a time when most analysts were still imagining infinite growth for the stock market and major investment banks. Since then, his vision of the world's future has grown only darker. As Ruppert sees it, civilization and the global economy has yet to wean itself off fossil fuels, and when the world's supply of oil finally runs out, it will lead to a global financial catastrophe that will leave no one unscathed. But while most of what Ruppert has to say bears the ring of truth, there's a small audience for his dire message -- the primary medium for his work is a self-published newsletter, and his most recent book has done so poorly in the marketplace that he faces eviction from his home. Is Ruppert right? And if he is, why doesn't anyone care? Filmmaker Chris Smith profiles Michael Ruppert and gives him a chance to explain his apocalyptic vision of the future at length in the documentary Collapse, which was an official selection at the 2009 Toronto International Film Festival.
Terry Jones presents Boom Bust Boom. The result of a meeting between writer, director, historian and Python Terry Jones and economics professor and entrepreneur Theo Kocken. Co-written by Jones and Kocken and featuring John Cusack, Nobel Prize winners Daniel Kahneman, Robert J. Shiller and Paul Krugman, the film is part of a global movement to change the economic system through education to protect the world from boom and bust. A unique look at why economic crashes happen, Boom Bust Boom is a multimedia documentary combining live action with animation and puppetry to explain economics to everyone.
From Academy Award (R) nominated filmmaker, Charles Ferguson, comes "Inside Job," the first film to expose the shocking truth behind the economic crisis of 2008. The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research and interviews with major financial insiders, politicians and journalists, "Inside Job" traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.
Basil Gelpke and Ray McCormack's nonfiction treatise Crude Awakening joins Maxed Out, An Inconvenient Truth, and other recent documentaries devoted to unearthing and exploring forces that are untying the connective threads of contemporary society. The subject at hand is crude oil - specifically, the depletion of petroleum from the Earth, in an era when consumption threatens to exceed supply.
The overtone of the film is speculative but admonitory; Gelpke and McCormack suggest that if western society fails to reinvent itself altogether (via such innovations as hydrogen-powered autos, and a decreased reliance on fiscally unsound Middle Eastern nations), economic cataclysm is not simply likely but inevitable.
To underscore this point, the filmmakers contrast obscenely naïve shorts from the 1950s that promise depthless oil supplies, with contemporary warnings from geologists who suggest that the bottom of the well is close at hand. McCormack and Gelpke also interview such subjects as former OPEC secretary general Fadhil Chalabi and Bush advisor Roger E. Ebel.