Home > Economic History, Financial Markets, Teaching visuals > Inside Job – The Official Teacher’s Guide

Inside Job – The Official Teacher’s Guide

Just purchased the Inside Job DVD and it is excellent viewing for economics students. It covers both the historical roots of the crisis and the central flaws of global financial regulation. The film draws heavily on intereviews with academics, politicians, journalists, financial insiders. A study guide has been put together and it includes 4 lesson plans with teacher notes and student handouts. The 4 lessons are:

1. “It’s utterly mad” – Allan Sloan, senior editor of Fortune magazine, describing the Goldman Sachs deal in which home buyers borrowed 99.3% of the price of their houses, and yet two-thirds of the deal backed by those loans was rated AAA, as safe as government securities.

2. “It was clear he was stuck with his ideology” – Alan Greenspan appears throughout Inside Job. The film describes how Greenspan, as Federal Reserve chairman, led the deregulation and consolidation of the financial sector, beginning in the 1980s.

3. “Sure, I’d make that bet” – Nothing motivates students to talk like money. Ask them what they would be willing to do for $10 million a year. Would they make secret bets that might lead their firms to collapse?

4. “It’s a Wall Street government” – In Inside Job, Robert Gnaizda calls President Barack Obama’s administration “a Wall Street government.” This activity asks students to describe the key players in the administration and to list the positions they held before and after the 2008 election.

Click the link below to download the study guide.

The Offical Teacher’s Guide – Inside Job

Below is an interview with the Director of the film Charles Ferguson. It seems that the mainstream media are either not resourced well enough to provide this level of in-depth analysis or don’t want to report it.

About these ads
  1. dmm
    February 6, 2012 at 7:36 am | #1

    Someone help us—we as American taxpayers and victims of the unethical business practices of these men—need to get that bonus money back from those recipients who received 10 million and one million dollar bonuses —as noted on page 11 of the Inside Job lesson plan. This is not only unetical–it is illegal–someone with legal experise–help us file a class action suit now!!!!

  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 570 other followers

%d bloggers like this: