The Flaw (NC)

Reviewed,Anthony Quinn
Friday 03 June 2011 00:00 BST
Comments

If the material in this documentary on the financial meltdown seems overfamiliar that's because you've encountered most of it already in the superior Inside Job.

Examining the catastrophe of borrowing and mortgage-refinancing as it impacted on various American Everybodies, the film does little more than wring its hands with woe. The title comes from Alan Greenspan, the gnomelike money guru whose testimony to Congress identified "a flaw in the model that I perceived is the critical functioning structure that defines how the world works, so to speak". Er, thanks for that. In a nutshell, runaway greed scuppered the whole system. The top percentile of high-earners made a killing, while Joe Public went to the wall. Class dismissed.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in