In the aftermath of 2008’s economic meltdown, exactly one American financial institution faced criminal indictment for mortgage fraud: Abacus Federal Savings Bank, a small family-run business out of NYC’s Chinatown. The government’s taking the Chinese-American ownership group to a very public trial, even after their full cooperation and immediate firing of their culpable loan officers, is tellingly chronicled in this effort from documentarian Steve James ("Hoop Dreams"). 88 min. Widescreen; Soundtrack: English.
In the aftermath of 2008’s economic meltdown, exactly one American financial institution faced criminal indictment for mortgage fraud: Abacus Federal Savings Bank, a small family-run business out of NYC’s Chinatown. The government’s taking the Chinese-American ownership group to a very public trial, even after their full cooperation and immediate firing of their culpable loan officers, is tellingly chronicled in this effort from documentarian Steve James ("Hoop Dreams"). 88 min. Widescreen; Soundtrack: English.
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