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Abacus: Small Enough to Jail is a 2016 American documentary film directed by Steve James. The film centers on the Abacus Federal Savings Bank , a family-owned community bank situated in Manhattan's Chinatown in New York City which, because it was deemed "small enough to jail" rather than " too big to fail ", became the only financial ...
May 18, 2017 · The only United States bank indicted on a charge of mortgage fraud after the 2008 economic crisis? A small one in Chinatown, founded and run by an immigrant family.
- Steve James
Sep 12, 2016 · The new documentary from the director of 'Hoop Dreams' follows the Sung family as they are criminally charged, put on trial and finally found not guilty of fraud and grand larceny.
May 26, 2017 · The title of Steve James' new documentary "Abacus: Small Enough to Jail" is a play on a phrase that was popularized during the 2008 financial crisis: that certain banks were "too big to fail" and had to be rescued by the United States government to stave off total economic collapse.
From acclaimed director Steve James, the little-known story of the only U.S. bank prosecuted in relation to the 2008 financial crisis. An Academy Award nominee for Best Documentary Feature in...
- Free
- September 12, 2017
- 1 sec
In the wake of the 2008 financial crisis, only one bank, Abacus Federal Savings Bank, faced criminal charges. Although JP Morgan Chase, Citigroup, Wells Fargo, Goldman Sachs, Bank of America, and HBSC all participated in widespread and malevolent mortgage fraud, none of those banks were charged with crimes.
Sep 27, 2022 · This Academy Award-nominated documentary, directed by Steve James (Hoop Dreams), tells the little-known story of the only U.S. bank prosecuted in relation to the 2008 financial...
- 83 min
- 940.3K
- FRONTLINE PBS | Official
