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Showtimes4/22/2017 2:50PM
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Synopsis |
May, 2012: In the wake of the financial crisis, Manhattan District Attorney Cyrus Vance, Jr. indicted Abacus, a modest bank that serves the Chinese American community of New York, and 19 of its employees on charges of fraud stemming from the sale of mortgages to Fannie Mae. And yet, the bank had a default rate of 0.5%, a tenth of the national rate, and it soon seemed apparent that Abacus was the target of a prosecutor eager to find a scapegoat for the larger industry collapse. For many, the bank was “small enough to jail,” as opposed to the enormous banks that avoided scandal.
From director Steve James, who directed Hoop Dreams ('94), one of the most celebrated documentaries of all time, comes Abacus: Small Enough to Jail, an examination of the bank’s defense and of the Sung family, whose diligence and faith kept it afloat. |
About the film |
Genres: Documentary, Social Justice, Asian Interest, Politics
Release Year: 2016 Runtime: 88 minutes Countries: USA Languages: English, Mandarin, Cantonese (with English subtitles) Website: OFFICIAL WEBPAGE Director: Steve James |