The Flaw – review  3 / 5 stars In the informative The Flaw David
Sington takes us through the origins of the 2008 banking fiasco,
but the documentary isn't utterly clear on what it understands
capitalism's "flaw" to be  British film-maker David Sington has
made a pretty good documentary about the banking catastrophe in
The Flaw, though it is not nearly as good as Charles Ferguson's
Oscar-winning Inside Job: it has less journalistic bite and is
more lenient with the white-collar players involved. Sington
takes us through the origins of the 2008 fiasco and how the
problem was the boom in house mortgages and bank securities
based on those mortgages. He does a good job of emphasising that
much of this activity was based on refinancing ie borrowing more
and more money on an existing mortgaged property, often to cover
other debts. So it was not extending the dream of home
ownership. The film's title comes from Federal Reserve chairman
Alan Greenspan's airy remark that there was a "flaw" in world
capitalism, but the