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Toronto 2010: “Inside Job,” Reviewed

Toronto 2010: “Inside Job,” Reviewed (photo)

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Reviewed at the 2010 Toronto Film Festival.

Roughly halfway through “Inside Job,” Andrew Lo, a professor of finance at MIT, describes an academic study of brain activity that showed that the same part of the brain stimulated by money is the same as cocaine. That this observation is made in the midst of a montage of Wall Street’s infatuation with hookers, blow and the black corporate credit cards used to charge the latter two doesn’t just imply that the pursuit of cash is a drug, but that as a filmmaker, Charles Ferguson has taken the gloves off.

Since his Oscar-winning 2007 doc “No End in Sight,” Ferguson has gone from attacking a war to declaring one on Wall Street with a film that just as easily could’ve been called “No End in Sight II: Financial Edition.” Broken down into four chapters and countless graphs, “Inside Job” is another brilliant, scrupulous breakdown of how giant egos and greed led to a disaster that would imperil the American public.

Yet where “No End in Sight” was solemn, his latest has considerably more sex appeal, casting Matt Damon as its narrator and breaking out Bachman-Turner Overdrive’s “Taking Care of Business” to underscore the freewheelin’ ways of financial institutions willing to funnel drug money out of Mexico (Citibank) or help conceal fraud of companies like Enron (Citibank, JP Morgan and Merrill Lynch) to boost their bottom line during the ’80s.

By the time Ferguson is done, those seem like minor infractions compared to the systemic rot that led to the global meltdown of 2008, where decades of deregulation paved a prickly path of derivatives, credit swap defaults and subprime mortgages that the director helpfully decodes into plain speak. Ferguson also makes clear the villains, tarring former Treasury Secretaries Lawrence Summers, Robert Rubin and Henry Paulson in equal measure — only Paul Volcker, who shows up with a glass of a suspiciously amber-colored drink in hand as if to say I told you so, accepted an invitation to be interviewed — and hanging out once-lauded Alan Greenspan as a buffoon for encouraging Wall Street to act recklessly as the financial sector took in billions from a general public unable to afford it.

Ferguson himself has seen money that most Americans never will, having sold the company he founded (Vermeer Technologies) to Microsoft for $133 million, which when paired with his work for the Brookings Institute and as a visiting scholar at M.I.T. likely opened the door to the impressive array of experts he’s assembled for “Inside Job.” But he has clearly not lost touch with the concerns of average Americans, refusing to engage in bullshit of any kind.

On one hand, this involves skewering former U.S. Treasury Under Secretary for International Affairs David McCormick when he says with a straight face that Paulson caught all of the warning signs of a recession and taking academics Frederic Mishkin and Glenn Hubbard to task for their high-paying extra-curricular gigs in a particularly rewarding segment on the infiltration of industry into the study of economics. What it also means is that Ferguson is unwilling to cheapen the film with amusing stock footage or other like-minded distractions to make the diagnosis any more palatable.

Instead, Ferguson relies on the idea of respecting the intelligence of the audience, something that is obviously in stark contrast to activity of the financial institutions that he’s depicting. While “Inside Job” is never what you’d call warm, whether it’s the crisp, sterile cinematography of Svetlana Cvetko and Kalyanee Mam or Ferguson’s calm interrogation of his interviewees from off-camera, it’s a film that meets the demand of imparting a critical lecture without ever sounding like one. Ferguson isn’t the first to make the case that financial institutions, the government and academia have formed an unholy trinity out to screw the American public, yet he may be the rare one to make it stick, not with mouth-foaming rage, but reasoned analysis that takes a turn towards indignation.

“Inside Job” opens in New York on October 8th and Los Angeles on October 15th before opening in limited release.

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Last-Minute Holiday Gift Guide

Hits from the '80s are on repeat all Christmas Eve and Day on IFC.

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GIFs via Giphy, Photos via The Everett Collection

It’s the final countdown to Christmas and thanks to IFC’s movie marathon all Christmas Eve and Christmas Day, you can revel in classic ’80s films AND find inspiration for your last-minute gifts. Here are our recommendations, if you need a head start:

Musical Instrument

Great analog entertainment substitute when you refuse to give your kid the Nintendo Switch they’ve been drooling over.

Breakfast In Bed

Any significant other or child would appreciate these Uncle Buck-approved flapjacks. Just make sure you’re not stuck on clean up duty.

Cocktail Supplies

You’ll need them to get through the holidays.

Dance Lessons

So you can learn to shake-shake-shake (unless you know ghosts willing to lend a hand).

Comfy Clothes

With all the holiday meals, there may be some…embigenning.



Get even more great inspiration all Christmas Eve and Day on IFC, and remember…

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A-O Rewind

Celebrating Portlandia One Sketch at a Time

The final season of Portlandia approaches.

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GIFs via Giphy

Most people measure time in minutes, hours, days, years…At IFC, we measure it in sketches. And nothing takes us way (waaaaaay) back like Portlandia sketches. Yes, there’s a Portlandia milepost from every season that changed the way we think, behave, and pickle things. In honor of Portlandia’s 8th and final season, Subaru presents a few of our favorites.

via GIPHY

Put A Bird On It

Portlandia enters the pop-culture lexicon and inspires us to put birds on literally everything.

Colin the Chicken

Who’s your chicken, really? Behold the emerging locavore trend captured perfectly to the nth degree.

Dream Of The ’90s

This treatise on Portland made it clear that “the dream” was alive and well.

No You Go

We Americans spend most of our lives in cars. Fortunately, there’s a Portlandia sketch for every automotive situation.

A-O River!

We learned all our outdoor survival skills from Kath and Dave.

One More Episode

The true birth of binge watching, pre-Netflix. And what you’ll do once Season 8 premieres.

Catch up on Portlandia’s best moments before the 8th season premieres January 18th on IFC.

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WTF Films

Artfully Off

Celebrity All-Star by Sisters Weekend is available now on IFC's Comedy Crib.

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Sisters Weekend isn’t like other comedy groups. It’s filmmaking collaboration between besties Angelo Balassone, Michael Fails and Kat Tadesco, self-described lace-front addicts with great legs who write, direct, design and produce video sketches and cinematic shorts that are so surreally hilarious that they defy categorization. One such short film, Celebrity All-Star, is the newest addition to IFC’s Comedy Crib. Here’s what they had to say about it in a very personal email interview…

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IFC: How would you describe Celebrity All-Star to a fancy network executive you just met in an elevator?

Celebrity All-Star is a short film about an overworked reality TV coordinator struggling to save her one night off after the cast of C-List celebrities she wrangles gets locked out of their hotel rooms.

IFC: How would you describe Celebrity All-Star to a drunk friend of a friend you met in a bar?

Sisters Weekend: It’s this short we made for IFC where a talent coordinator named Karen babysits a bunch of weird c-list celebs who are stuck in a hotel bar. It’s everyone you hate from reality TV under one roof – and that roof leaks because it’s a 2-star hotel. There’s a magician, sexy cowboys, and a guy wearing a belt that sucks up his farts.

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IFC: What was the genesis of Celebrity All-Star?

Celebrity All-Star was born from our love of embarrassing celebrities. We love a good c-lister in need of a paycheck! We were really interested in the canned politeness people give off when forced to mingle with strangers. The backstory we created is that the cast of this reality show called “Celebrity All-Star” is in the middle of a mandatory round of “get to know each other” drinks in the hotel bar when the room keys stop working. Shows like Celebrity Ghost Hunters and of course The Surreal Life were of inspo, but we thought it
was funny to keep it really vague what kind of show they’re on, and just focus on everyone’s diva antics after the cameras stop rolling.

IFC: Every celebrity in Celebrity All-Star seems familiar. What real-life pop personalities did you look to for inspiration?

Sisters Weekend: Anyone who is trying to plug their branded merch that no one asked for. We love low-rent celebrity. We did, however, directly reference Kylie Jenner’s turd-raison lip color for our fictional teen celebutante Gibby Kyle (played by Mary Houlihan).

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IFC: Celebrity seems disgusting yet desirable. What’s your POV? Do you crave it, hate it, or both?

Sisters Weekend: A lot of people chase fame. If you’re practical, you’ll likely switch to chasing success and if you’re smart, you’ll hopefully switch to chasing happiness. But also, “We need money. We need hits. Hits bring money, money bring power, power bring fame, fame change the game,” Young Thug.

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IFC: Who are your comedy idols?

Sisters Weekend: Mike grew up renting “Monty Python” tapes from the library and staying up late to watch 2000’s SNL, Kat was super into Andy Kaufman and “Kids In The Hall” in high school, and Angelo was heavily influenced by “Strangers With Candy” and Anna Faris in the Scary Movie franchise, so, our comedy heroes mesh from all over. But, also we idolize a lot of the people we work with in NY-  Lorelei Ramirez, Erin Markey, Mary Houlihan, who are all in the film, Amy Zimmer, Ana Fabrega, Patti Harrison, Sam Taggart. Geniuses! All of Em!

IFC: What’s your favorite moment from the film?

Sisters Weekend: I mean…seeing Mary Houlihan scream at an insane Pomeranian on an iPad is pretty great.

See Sisters Weekend right now on IFC’s Comedy Crib

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