ABACUS: SMALL ENOUGH TO JAIL
Dir. Steve James | Documentary | U.S.A. | 2017 | 89 min.
Discussion to follow (via Skype) with director Steve James
Only one bank was indicted in the wake of the 2008 mortgage crisis. Was it one you’ve heard of? No. This is the incredible saga of the Abacus Federal Savings Bank in New York, owned by the Chinese immigrant Sung family. Accused of mortgage fraud, they are forced to defend themselves, and their reputation in the Chinatown community, in a five-year legal battle. Academy Award-nominated director Steve James (Hoop Dreams) gives a voice to the people whose family business almost got ruined by our government—while the big players skated.
2018 Academy Award Nominee for Best Documentary Feature
Saturday, March 17, 1:45 p.m. - Chilmark School
Sponsored by Cape Cod Five Cents Savings Bank