Friday, April 23, 2010

PLUNDER: THE CRIME OF OUR TIME
Tuesday, April 27, 2010, 7 P.M.
All Souls Unitarian Church
Reidy Friendship Hall
1157 Lexington Avenue (@ 80 Street)
New York City

In 2006 filmmaker Danny Schechter was denounced by some reviewers as an "alarmist" for his film In Debt We Trust, which warned of the coming credit crisis. He was labeled a "doom and gloomer," until the economy melted down vindicating his warnings.

His new film, Plunder: The Crime of Our Time, is a hard-hitting investigative film that shows how the financial crisis was built on a foundation of criminal activity.

To tell this story, Schechter speaks with bankers involved in these activities, respected economists, insider experts, top journalists such as Paul Krugman, and even a convicted white-collar criminal who blows the whistle on intentionally dishonest practices.

Plunder: The Crime of Our Time looks into how the crisis developed—from the mysterious collapse of Bear Stearns to the shadowy world of trillion dollar hedge funds. Insiders who work in the industry and know it well tell both of these stories. Plunder also shows how hastily arranged government bailouts did not revive the economy and may have lost billions.

Ultimately the film calls for a full investigation and structural reforms of financial institutions to insure accountability by the white-collar perpetrators who profited from the misery of their victims.

This is a preview showing of this soon-to-be released film. The filmmaker Danny Schechter, who was here one year ago talking about this subject, will host this event and take questions following the showing.

Danny Schechter is the founder and executive editor of Media Channel and founder and Vice President/Executive Producer of GlobalVision, Inc., an award-winning media company formed in 1986. A broadcast and print journalist and internationally recognized speaker and writer on media issues, Schechter has been honored with numerous awards, including the Emmy and George Polk Awards. He was the news director and principal newscaster for WBCN-FM, an on-air reporter for WBGH, and a news program producer and investigative reporter at CNN and ABC.

Co-sponsored with Resistance Cinema of Community Church of New York
Free event. Donations appreciated.

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