Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics
Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics
Inside Job Transcript - Final Version - 9.30.10 - Sony Pictures Classics
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Inside</strong> <strong>Job</strong> transcript – <strong>Sony</strong> <strong>Pictures</strong> – September 2010 73<br />
02:43:15.28<br />
02:43:27.25<br />
{FEDERAL PROSECUTORS WERE PERFECTLY HAPPY<br />
TO USE ELIOT SPITZER'S PERSONAL VICES<br />
TO FORCE HIM TO RESIGN IN 2008.<br />
THEY HAVE NOT DISPLAYED A SIMILAR ENTHUSIASM<br />
WITH REGARD TO WALL STREET.}<br />
REP. MICHAEL CAPUANO: You come to us today, telling us, we're sorry; we didn't<br />
mean it; we won't do it again; trust us.<br />
Well, I have some people in my constituency that actually robbed some of your banks.<br />
And they say the same thing! They're sorry, they didn't mean it; they won't do it again.<br />
02:43:48.11<br />
NARRATOR: In 2009, as unemployment hit its highest level in 17 years, Morgan<br />
Stanley paid its employees over 14 billion dollars; and Goldman Sachs paid out over 16<br />
billion. In 2010, bonuses were even higher.<br />
02:44:03.26<br />
ANDREW SHENG: Why should a financial engineer, uh, be paid, uh, four, four times to<br />
a hundred times more than the, a real engineer? A real engineer build bridges; a<br />
financial engineer build, build dreams. And uh, you know, when those dream turn out to<br />
be nightmares, other people pay for it.<br />
02:44:28.02<br />
NARRATOR: For decades, the American financial system was stable and safe. But<br />
then something changed. The financial industry turned its back on society, corrupted<br />
our political system, and plunged the world economy into crisis.<br />
At enormous cost, we’ve avoided disaster, and are recovering. But the men and<br />
institutions that caused the crisis are still in power; and that needs to change.<br />
02:44:59.04 They will tell us that we need them, and that what they do is too complicated<br />
for us to understand. They will tell us it won't happen again. They will spend billions<br />
fighting reform.