The prosecutors aren’t portrayed in the best light and the better portrayal is by the female juror who presents both why she felt the Sungs were guilty in some aspects and why she voted not guilty to the charges…a telling interview with the prosecutors however shows an extreme misunderstanding of the law in that she says they aren’t voted “innocent”…as the law stands, they are and that needs to be remembered. It is a very pro-Sung family documentary and helps vindicate them, so it can’t be argued that it is an entirely balanced documentary as a result.
MOVIE ABACUS BANK MOVIE
The movie shows how the family interacts with a community that doesn’t trust banks and how that influences the loaning aspect of the story. The movie is about a bank but it is largely about the Sung family who own and run the bank.
Abacus: Small Enough to Jail (a play on the saying “Too large to fail” when used to describe the banking system at the time) is a nice flip side and tells the bank’s story. In the post credits, it is mentioned that only one bank was charged…this is that bank. It was scary and funny at the same time and showed what went wrong with the financial crisis. The Big Short was an interesting look at the crisis in 2008. The film was nominated for an Academy Award for Best Documentary Feature. It was aired on PBS on Frontline on September 12, 2017.
The documentary premiered at the Toronto International Film Festival and was received positively. As the court battle rages on, Abacus must prove its innocence and failure to do that could destroy a family and the bank’s clients.ĭirected by Steve James, Abacus: Small Enough to Jail is a documentary focusing on a court case following the subprime mortgage crisis of 2008. The Sung family discovers that they are fighting a war that could not only determine they’re bank’s future but the future of their clients and the community. The small family owned Abacus Federal Savings Bank located in Manhattan’s Chinatown finds itself charged with fraud and other criminal actions. Lewis Rosenberg is of counsel to Ginarte Gallardo Gonzalez Winograd.The loan system leads to the financial crisis of 2008, and one bank is charged. It seems a first-year law student, even before attending an ethics class, would realize the appearance of impropriety his actions presented, again demonstrating a lack of basic prosecutorial judgment. To his credit, Vance submitted this ethical question to a Columbia Law School body and in January announced a policy of no longer accepting contributions from lawyers whose clients are subject to prosecution by his office. Weinstein was also the subject of a recent Frontline documentary film. Vance, you may recall, suffered other embarrassment when it was disclosed before the election that he had accepted $50,000 for his campaign from movie producer Harvey Weinstein’s lawyers and of course failed to press sex offense charges against him. Although all of the dozens of counts charged were either dismissed by the judge or denied by the jury, which finding Abacus entirely not guilty, the D.A, ignoring the presumption of innocence, insists that Abacus was not found innocent but only not guilty.
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