Thursday 1 December 2011

Inside Job - the best documentary film I watched in 2011 so far....

It talks of the financial crisis in general about all those thieves in Wall Street who enriched themselves by destroying the financial institutions they were themselves CEO and therefore making investors lose all their money....

But the most important part of all as highlighted in the documentary, was how financial institutions corrupted Economics Professors of renowned universities to make them write false reports, papers with fake results to justify the need to deregulate the financial sector and even after the crisis the corruption is continuing to make them write and take position against proposed reforms. 








Academics are receiving as much as 150000 USD to publish one paper..

When we think that we are asked to publish in those supposedly highly reputed journals to get promotion, where our work will be reviewed by possibly corrupt academics...........The same academics were supposed to have academic freedom and agents of free inquiry, but in reality the same people were members of administration boards of financial institutions...

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