Banksters - Ils ont plongé le monde dans la crise

The convicted: Philip Baker, 54, is one of the few to have been imprisoned in the aftermath of the financial crisis. He was sentenced to 20 years in prison by the American courts. “I am a criminal,” he admits. In 2007, as head of a hedge fund, he earned millions of dollars. A jackpot that he won by lying and cheating. Now released from prison after an agreement with the American justice system, Philip Baker confesses and recounts the mechanism that led him to the crime. “I wasn’t a big enough fish,” he adds. “The big fish are doing well.” The Godfather : The big fish are on Wall Street. At Lehman Brothers, one of the pillars of global finance, boss Richard Fuld led the investment bank into bankruptcy. And he profited from it. Between 2002 and 2007, he pocketed $530 million. The house of cards eventually collapsed but Richard Fuld, who left millions of victims, was never prosecuted. The scapegoat The impunity of the powerful dominates the world of finance. And this continued after the crisis. “Liborgate” has been called the “crime of the century.” Libor is an interbank reference rate that can cause the values ​​of financial products to rise or fall. Several traders were recently sentenced to prison for rigging this rate, thus increasing their bonuses. But these traders were only the instrument of a system. Alex Pabon, one of them, decided to speak out to tell how his bank used him as a scapegoat to hide its own mistakes. Documentary directed by Benoît Bringer