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Home » Banking

The International – Bankers Gone Bad

Submitted by E on July 18, 2009 – 8:27 pm4 Comments

arts_international_584I saw The International this week and enjoyed it.  Its nice to see some light being shed on the dirty world of banking and international finance.  The premise of the movie is an Interpol agent trying to bring down an International bank involved in weapons sales to a 3rd world country.  Here is my favorite quote that sums things up pretty well.

Umberto Calvini: [In explaining the "true" nature of banking in the world] “The IBBC is a bank. Their objective isn’t to control the conflict, it’s to control the debt that the conflict produces. You see, the real value of a conflict, the true value, is in the debt that it creates. You control the debt, you control everything. You find this upsetting, yes? But this is the very essence of the banking industry, to make us all, whether we be nations or individuals, slaves to debt.”

The other important concept that is discovered is just how hard it is to bring an entity like this to justice.  The reason given is that these banks provide the dirty money services required by governments, intelligence agencies, corporations, organized crime and wealthy individuals.  “Everyone is involved, everyone.”

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4 Comments »

  • z says:

    you might be interested in a new book that is coming out this year: “theology of money.” i don’t know if it’s out yet but i think duke university press was planning on publishing it this year.

  • E says:

    Thanks Z, I’ll keep my eye out for it

  • Melanie says:

    When i heard those lines my eyes widened with amazement that they spoke such truth. But then i remembered that sadly most people watching will think it’s all fiction anyway. Too bad they didn’t get a better script for such great content.

  • E says:

    We do get nuggets of truth from time to time in main stream movies but I suppose it can be hard to know what to take seriously if operating from an uninformed perspective. I enjoyed the movie but it could have been much better.

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