The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

“Cleveland Versus Wall Street”:
Banks on Trial

Mar 30, 2015

A movie that is, not surprisingly, hard to obtain in the U.S. was nevertheless watched by large theater audiences in France and Switzerland. The documentary, “Cleveland V. Wall Street” tells the story of how, back in 2008, the City of Cleveland unsuccessfully tried to put 21 Wall Street banks on trial for the foreclosure crisis.

This film exposes how mortgage brokers went door-to-door in East Cleveland, targeting and misleading working class, poor, and minority home owners into taking on outrageous second mortgages. One broker, a former drug dealer, testifies about his role in peddling sub-prime mortgages.

This excellent Swiss/French documentary can be ordered on the internet, but viewing requires a multi-region DVD player or watching on a computer. It is a DVD worth seeing.