Wednesday, May 17, 2017

Doc Stars of the Month: The Sung Family, 'Abacus: Small Enough to Jail'

Abacus: Small Enough to Jail - which has been garnering accolades on the festival circuit ever since its Toronto debut, and was the opening night flick at this year's Full Frame Documentary Film Festival - is equal parts riveting and rage-inducing. Master documentarian Steve James's latest film lays bare the five-year legal drama of the Sung family, Chinese immigrant owners of (NYC) Chinatown’s Abacus Federal Savings Bank, which was accused of mortgage fraud by the limelight-seeking Manhattan DA Cyrus Vance Jr., rendering this community-serving, family-owned-and-operated shop the sole US bank to face criminal charges in the fallout from the 2008 financial crisis. (And despite, ironically, having one of the lowest default rates in the country. Indeed, Fannie Mae even continued to do business with Abacus after the indictment!)

So needless to say, it was a privilege for me to chat collectively by email with this heroic and tight-knit family of six (Abacus founder and patriarch Thomas; his wife, Hwei Lin; and daughters Vera, Jill - both bank executives - Chanterelle and Heather) prior to the film's opening at NYC's IFC Center on May 19 through PBS Distribution.

To read the interview visit Documentary Magazine.

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