x Abu Dhabi, UAESunday 23 July 2017

Financial meltdown film wins documentary Oscar

'Inside Job', which blames financial institutions for triggering the worst financial crisis since the Great Depression wins best documentary gong.

"Inside Job," a film blaming financial institutions for triggering the worst financial crisis since the Great Depression, won the Academy Award for best documentary on Sunday.

The prize went to director/producer Charles Ferguson, who recently won the documentary prize from the Directors Guild of America, and producer Audrey Marrs.

Ferguson, a self-described "policy wonk" with a doctorate in political science, interviewed fund managers, central bankers and political advisers for his film, which uncovered an uncomfortably close professional relationship between academia and hedge funds.

The other Oscar-nominated documentaries "Exit through the Gift Shop," "Gasland," "Restrepo" and "Waste Land."

Earlier, the Oscar for documentary short subject went to "Strangers No More," a film revolving around immigrant children at a school in Tel Aviv.