Monday, May 15, 2017

“The Film Gives Viewers Plenty to be Angry About…”: Steve James on Abacus: Small Enough to Jail

Steve James’ documentary, Abacus: Small Enough to Jail, is at once a heartfelt portrait of a close-knit family facing overwhelming adversity and an infuriating indictment of our U.S. justice system gone seriously awry. The film follows the Chinese immigrant Sung family, founding owners and operators of the Abacus Federal Savings Bank down in NYC’s Chinatown, who in the wake of the 2008 financial crisis found themselves locked in a half-decade battle with spotlight-loving Manhattan DA Cyrus Vance, Jr. Though the bank had one of the lowest default rates in the country (with only nine out of 3,000 loans defaulting!), the overzealous prosecutor nevertheless decided to pursue charges — giving the low-income-community-serving institution the dubious distinction of being the one and only bank indicted for mortgage fraud in the fallout.

To read my interview with the legendary Hoop Dreams director visit Filmmaker magazine.

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