Question

In the documentary, "The Flaw", by David Sington:

• Which specific individuals slept on the job? How? Why?

The movie is about the great recession

Answer 1

The Flaw is the documentary on the Great Financial Crisis that the world faced in 2008-09. It is directed by David Sington.The documenatry talks about various factors, such as rising inequality, falling standards of living of the bottom 50% of the population in the country.

In the documentray he blames the central bank, bankers and economists as individuals who slept on the job as they failed to look at impending crisis that was about to unfold as sub-prime market crisis built up.

According to his ideological belief in free markets and laissez-faire, the then chairman of the Federal Reserve, Alan Greenspan, refused to intervene in the economy which led to the worst credit crisis in the US.