The Flaw

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Taking as its starting point Alan Greenspan's half-hearted mea culpa that the 2008 credit crunch was caused by a flaw in the banking system, David Sington's documentary explores the seedy side of the subprime crisis and ensuing banking collapse.


A game attempt to make sense of the global financial crisis, the latest film from British documentary maker David Sington (In The Shadow Of The Moon) takes its title from the understatement of the century: former Federal Reserve Chairman Alan Greenspan’s admission to having “found a flaw” in his ‘deregulate to accumulate’ economic ideology, which fed US policy between Bush Jr.’s election in 2000 to the 2008 global meltdown. Like Greenspan as the banks toppled like monolithic dominoes, Sington seems out of his depth amid the complex machinations and deliberate obfuscations of the financial sector, and although it offers some intriguing statistics, the film lacks the understanding and insight of Inside Job — or even, frankly, the end credits of The Other Guys.

A bold attempt to tackle the labyrinthine issues that caused the financial crisis, but Sington's doc does quite hit the mark.