Abacus: Small Enough to Jail

Join us at the Underground Cinema by WVIFF for October’s Movie That Matter Mondays film: Abacus: Small Enough to Jail

 

 

 

About the film:

 

Abacus: Small Enough to Jail is a 2016 American documentary film 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 institution to actually face criminal charges following the subprime mortgage crisis.

 

 

 

 

 

Synopsis:

 

Abacus, a small family-run bank, becomes the only U.S. bank to face criminal charges in the wake of the 2008 financial crisis. The indictment and subsequent trial forces the Sung family to defend itself — and its bank’s legacy in the Chinatown community — over the course of a five-year legal battle.

 

About the series:

 

 

 

NEW! WVIFF Underground Cinema Presents: Movies That Matter Mondays – Each month, we will work with a community organization to show an issue-oriented and compelling film relating to their mission. At the first screening of the film, the community organization will participate in a discussion with the audience. The film will show for the rest of the month on Mondays.

 

 

 

About the community partners:

 

 

 

 

 

 

 

What the Critics are saying:

 

The film persuasively argues that any fraud at Abacus occurred at a low level, and that the bank dealt with it swiftly and properly. Full review
Ben Kenigsberg
The NYTimes
If the film is, in fact, about a real-life George Bailey, the forces arrayed against him remain hidden behind a curtain. We have to guess about the nuts and bolts that are driving the central scandal. Full review
Owen Gleiberman
Variety
James presents a convincing narrative of a bank staff tainted by one bad apple, who operated without the knowledge of upper management. Full review
Pat Padua
Washington Post

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Adult: $9 Student: $5

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