In 2006, filmmaker Danny Schechter was denounced by some reviewers as an “alarmist” for his film 'In Debt We Trust,' which warned of the coming credit crisis. He was labeled a “doom and gloomer,” until the economy melted down, vindicating his warnings. His new film, 'Plunder: The Crime Of Our Time' is a hard-hitting investigative film that shows how the financial crisis was built on a foundation of criminal activity.
To tell this story, Schechter speaks with bankers involved in these activities, respected economists, insider experts, top journalists including Paul Krugman, and even a convicted white-collar criminal, Sam Antar, who blows the whistle on intentionally dishonest practices.
'Plunder: the Crime of Our Time' looks into how the crisis developed, from the mysterious collapse of Bear Stearns to the shadowy world of trillion dollar hedge funds. Insiders who work in the industry and know it well tell both of these stories. 'Plunder' also shows how hastily arranged government bailouts did not revive the economy and may have lost billions.
Ultimately the film calls for a full investigation and structural reforms of financial institutions to insure accountability by the white-collar perpetrators who profited from the misery of their victims.
Why Danny Needs Your Help
The film is completely shot, mostly edited, principally by volunteers assisting Danny. It desperately needs a sound mix, color correction, creation of DVD Extras, and DVD authoring, all of which cost real money. The Disinformation Company, a home video distributor, is kicking in some of the money for this, but not enough. Danny needs $3,000 to be able to deliver the project for release.
Why He Needs Your Help Right Now
If the guilty parties on Wall Street and in Washington are to be brought to justice and serve jail time, we must put maximum pressure on lawmakers, regulators and attorneys general while the paper trail of evidence is still hot and still within relevant statutes of limitation. The recession may have been artificially shortened and sweetened by the stimulus, but thousands of people are still losing their jobs and their homes as a result of the bailout. Please join Danny in pushing for a corresponding jailout.
Danny Schechter is a veteran journalist who writes and speaks about economic and media issues. He is a multiple Emmy Award winner, having been a producer for ABC News, CNN and other major networks. His daily blog ‘News Dissector’ appears on MediaChannel.org, the website he edits, with weekly online commentaries on Huffington Post, Buzzflash, Alternet, Global Research, ZNet, Creative-I and many others. He has directed numerous films including 'In Debt We Trust' and 'Weapons of Mass Deception.'
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