New York’s leading movie house for independent premieres and repertory programming
A nonprofit cinema since 1970
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PREVIOUSLY AT FILM FORUM
Opened September 2, 2009 |
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"AMERICAN CASINO IS A POWERFUL AND SHOCKING LOOK AT THE SUBPRIME LENDING SCANDAL. |
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“FASCINATING! A TERRIFIC documentary chronicling the subprime-mortgage mess and the financial collapse of the past two years… Investigative reporters Leslie and Andrew Cockburn have spent nearly 30 years uncovering major stories (for PBS, CBS Reports, 60 Minutes, et alia), but with AMERICAN CASINO they take on the biggest economic crisis of our lifetime: the subprime mortgage meltdown that has caused more than a million Americans to lose their homes. The Cockburns interview Wall Street wizards who are as nervous about revealing their identity as any mobster in the witness protection program; they rewind to Phil Gramm (R, Texas) calling us “a nation of whiners... (facing) a mental recession”; they replay Alan Greenspan’s admission that his ideology was “flawed”; and they put a human face on the victims of bankers who targeted minority communities with no income verification loans, adjustable rates (that adjusted upwards, dramatically), and complex language that even the pros can’t fathom. Out of this mess, the filmmakers build a case against those who used government deregulation to make a fortune for the few and create havoc for the many. Directed by Leslie Cockburn • Produced by Andrew Cockburn and Leslie Cockburn • USA • 2009 • 89 Minutes • An ARGOTPICTURES Release
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