Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics

Inside Job transcript – Sony Pictures – September 2010 54
02:12:46.01
CHARLES MORRIS: I began to get really scared, 'cause I hadn't foreseen the whole
world going down at the same rate at the same time.
NARRATOR: By December of 2008, General Motors and Chrysler are facing
bankruptcy. And as U.S. consumers cut back on spending, Chinese manufacturers see
sales plummet. Over 10 million migrant workers in China lose their jobs.
02:13:14.14
DOMINIQUE STRAUSS-KAHN: At the end of the day, the poorest, as always, pay the
most.
02:13:24.14
{CHINA GRAND LIGHTING FACTORY
GUANGDONG PROVINCE, CHINA}
JOANNA XN: Here you can earn a lot of money, like, uh, 70, 80, uh, U.S. dollars per
month. As a farmer in the countryside, you cannot earn as much money. The workers
just wire their salaries to their hometown. To give to their families.
The crisis started in America. We all know it will be coming to China.
02:13:57.19 Some of the factories try to cut off some workers. Some people will get
poor because they’ll lose their jobs. Life gets harder.
02:14:16.18
{SINGAPORE}
{PATRICK DANIEL
EDITOR IN CHIEF
SINGAPORE PRESS HOLDINGS}
PATRICK DANIEL: We were growing at about 20 percent. It was a super year. And
then we suddenly went to minus nine this quarter. Exports collapsed. And we're talking
like 30 percent.
So we just took a hit, you know, fell off a cliff, boom!
02:14:35.17
LEE HSIEN LOONG: Even as the crisis unfolded, we didn't know how wide it was going
to spread, or how severe it was going to be. And we were still hoping that there would