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

Inside Job transcript – Sony Pictures – September 2010 55
be some way for us to have a shelter, and be, uh, less battered by the storm. But it is
not possible. It's a very globalized world; the economies are all linked together.
02:15:23.09
{FORECLOSURES IN THE UNITED STATES
REACHED 6 MILLION BY EARLY 2010.}
ERIC HALPERIN: Every time a home goes into foreclosure, it affects everyone who
lives around that house. 'Cause when that property goes on the market, it's gonna be
sold at a lower price; maybe before it goes on the market, it won't be well maintained.
We estimate another 9 million homeowners will lose their homes.
02:15:50.10
{COLUMBA RAMOS
SAN JOSE, CA}
COLUMBA RAMOS: {We went out on a weekend to see what houses were for sale.
We saw one we liked. The payment was going to be $3,200.}
{COLUMBA RAMOS AND HER HUSBAND DON'T SPEAK ENGLISH.
THEY WERE DEFRAUDED BY THEIR MORTGAGE BROKER,
WHO WAS PAID BY A PREDATORY LENDER.}
COLUMBA RAMOS: {Everything was beautiful, the house was very pretty. The
payment was low. Everything was – we won the lottery. But the reality was when the
first payment arrived.
02:16:39.23
02:16:48.02
I felt very bad for my husband. Because he works too much.
{"TENT CITY"
PINELLAS COUNTY, FLORIDA}
{ERIC EVANOUSKAS
VOLUNTEER, CATHOLIC CHARITIES}
ERIC EVANOUSKAS: The vast majority I've seen lately, unfortunately, are people who
have just been hurt by the economy. They were living, you know, day to day, paycheck