90% of the goods we consume in the West are manufactured in far-off lands and brought to us by ship. The cargo shipping industry holds the key to our economy, our environment and the very model of our civilization; without it, it would be impossible to fulfill the ever-increasing demands of our societies. Yet the functioning and regulations of this business remain largely obscure to many, and its hidden costs affect us all. Due to their size, freight ships no longer fit in traditional city harbors; they have moved out of the public's eye, behind barriers and checkpoints.
The film answers questions such as: Who pulls the strings in this multi-billion dollar business? To what extent does the industry control our policymakers? How does it affect the environment above and below the water-line? And what's life like for modern seafarers? Taking us on a journey overseas and oceans, we reveal in an audacious investigation the many faces of world-wide freight shipping and sheds light on the consequences of an all-but-visible industry.
Warren Buffett is truly a one-of-a-kind billionaire. The legendary investor still lives in his modest home in Omaha. At 90 years old, he drives to the office every morning to manage Berkshire Hathaway, the fifth largest public company in the world. But more surprising than his humble lifestyle is his moral core. The same principles of decency and integrity that helped him pile up a fortune led him to give it all away in the largest philanthropic donation in history. 'Becoming Warren Buffett' chronicles the evolution of an ambitious, numbers-obsessed boy from Nebraska who became one of the most richest and respected men in the world, and the heroes who helped guide him along the way. By allowing access to his life and never-before-released home videos, Buffett offers a glimpse into his unique mind to help us understand what is truly important when money no longer has meaning.
Valeant Pharmaceuticals was a multinational specialty pharmaceutical company based in Canada. It grew rapidly through a series of mergers and acquisitions under the leadership of J. Michael Pearson. The company was involved in a number of controversies surrounding drug price hikes and the use of a specialty pharmacy for the distribution of its drugs, which led to an investigation by the U.S. Securities and Exchange Commission and caused its stock price to plummet more than 90 percent from its peak while its debt surpassed $30 billion. Wall Street short-sellers exposed a scam that regulators overlook: how Big Pharma gouges patients in need of life-saving drugs.
Super quick computers and advanced mathematical formulas have taken over trading on the financial markets from human beings -algorithms- which seem to have a life of their own. The only ones who understand the system in any way are its architects, the algorithm developers. Haim Bodek is one such algo-developer. After finding some strange wrongdoings he set out on a personal crusade against this elusive system". The machinery behind our financial markets, consisting of mathematical models, data centers and miles and miles of fiber optic cables, is disguised by technological complexity and secrecy. The builders of this financial system are a new breed of Wall Street employees -quants- mathematicians and physicists who are responsible for a technological revolution. Haim Bodek is a quant; he specialized in artificial intelligence and worked for Goldman Sachs. He knows the system from the inside, he helped build it. Haim Bodek was invited to tell his story at the "Battle of the Quants" - a recurring event where quants discuss high-frequency trading, amongst other things. Bodek wrote an algorithm for trading machines that would generate guaranteed income - a money machine that weathered the financial meltdown of 2008. But then from one day to the next the algorithm stopped working.
The film looks at the concept of the corporation throughout recent history up to its present-day dominance. Since the late 18th century American legal decision that the business corporation organizational model is legally a person, it has become a dominant economic, political and social force around the globe. This documentary takes an in-depth psychological examination of the organization model through various case studies. What the study illustrates is that in the its behaviour, this type of 'person' typically acts like a dangerously destructive psychopath without conscience. Furthermore, we see the profound threat this psychopath has for our world and our future, but also how the people with courage, intelligence and determination can do to stop it.
Michael Ruppert is an independent journalist who has made a minor career out of telling people news that most folks do not want to know. Ruppert, a former police officer, predicted the Wall Street debacle of 2008 several years before the fact, at a time when most analysts were still imagining infinite growth for the stock market and major investment banks. Since then, his vision of the world's future has grown only darker. As Ruppert sees it, civilization and the global economy has yet to wean itself off fossil fuels, and when the world's supply of oil finally runs out, it will lead to a global financial catastrophe that will leave no one unscathed. But while most of what Ruppert has to say bears the ring of truth, there's a small audience for his dire message -- the primary medium for his work is a self-published newsletter, and his most recent book has done so poorly in the marketplace that he faces eviction from his home. Is Ruppert right? And if he is, why doesn't anyone care? Filmmaker Chris Smith profiles Michael Ruppert and gives him a chance to explain his apocalyptic vision of the future at length
The film answers questions such as: Who pulls the strings in this multi-billion dollar business? To what extent does the industry control our policymakers? How does it affect the environment above and below the water-line? And what's life like for modern seafarers? Taking us on a journey overseas and oceans, we reveal in an audacious investigation the many faces of world-wide freight shipping and sheds light on the consequences of an all-but-visible industry.