Banksters - Ils ont plongé le monde dans la crise
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The Convict:
Philip Baker, 54,
The Convict:
Philip Baker, 54, is one of the few to have served time in prison in the aftermath of the financial crisis. He was sentenced to 20 years in prison by the American justice system. "I am a criminal," he admits. In 2007, as the boss of a hedge fund, he won millions of dollars. A jackpot that he won by lying and cheating. Now out of prison after an agreement with the American justice system, Philip Baker confesses and describes the mechanics that led him to crime. "I wasn't a big enough fish," he adds. "Big fish get away with it."
The Godfather:
The big fish are on Wall Street. At Lehman Brothers, one of the pillars of global finance, the boss Richard Fuld led the investment bank to bankruptcy. And he profited from it. Between 2002 and 2007, he pocketed $530 million. The house of cards eventually collapsed, but Richard Fuld, who leaves millions of victims, was never prosecuted.
The scapegoat
The impunity of the powerful dominates the world of finance. And this continued after the crisis. "Liborgate" has been called the "crime of the century". Libor is an interbank reference rate that can make the values of financial products rise or fall. Several traders have recently been sentenced to prison for having rigged this rate, thus increasing their bonuses. But these traders were only the instrument of a system. Alex Pabon, one of them, decided to speak out to tell how his bank used him as a scapegoat to hide its own mistakes.
Documentary directed by Benoît Bringer
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در تاریخ 1403/05/05 منتشر شده
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