Documentary: “Abacus: Small Enough to Jail”

Abacus Small Enough to Jail Poster Abacus: Small Enough to Jail (2017)

Nobody gets justice. People only get good luck or bad luck” (Orson Welles). It seems that this quote is particularly applicable to the story, where one financial institution based in Chinatown, New York – Abacus, became the centre of the government’s prosecution in 2012, and still remains to this day “the only US bank indicted for mortgage fraud related to the 2008 crisis”. Perhaps, Abacus just has not been lucky, but did they really deserve such a massive, million-dollar prosecution against them, with definite prison sentences hanging over their heads if they found convicted? No. They say that “selective justice” is the worst there is, but what is here even more shocking is that “the targeting for justice” by the American government was not too unreasonable – Abacus was both small enough and, actually, – foreign enough. Hence, the justification for all the criminal charges, whereas other massive banks committing even worse crimes can escape with a fine. Director Steve James made this thought-provoking documentary about one small financial institution’s fight against injustice and it already has the distinction to be nominated for an Academy Award. This well-made documentary piece, packed with insightful interviews, fascinating legal processes, human stories and warmth towards other culture, is a real eye-opener.

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