Inside job

Inside Job is a 2010 American documentary film, directed by Charles Ferguson. The documentary is split into five parts. It begins by examining how Iceland was highly deregulated in 2000 and the privatization of its banks. When Lehman Brothers went bankrupt and AIG collapsed, Iceland and the rest of the world went into a global recession. At the Federal Reserve annual Jackson Hole conference in 2005, Raghuram Rajan, then the chief economist of IMF, warned about the growing risks in the financial system and proposed policies that would reduce such risks. Former U.S. Treasury Secretary Lawrence Summers called the warnings "misguided" and Rajan himself a "luddite". However, following the financial crisis of 2007–2008, Rajan's views were seen as prescient and he was extensively interviewed for this movie.