Rachel Weisz

'Abacus: Small Enough to Jail' turns bankers into tragic heroes

'Abacus: Small Enough to Jail' turns bankers into tragic heroes

Only one bank faced criminal charges in the aftermath of 2008’s global financial meltdown, and it wasn’t one you might expect.

If behemoths like Goldman Sachs or Morgan Stanley were judged too big to fail, then tiny community-oriented Abacus Federal Savings in New York’s Chinatown — only the 2,651st largest bank in the U.S., with assets but a fraction of the big boys — was deemed as one observer tartly puts it, “small enough to jail.”

Not surprisingly seeing the potential of this story was Steve James, one of America’s most accomplished and socially conscious documentarians with films such as “The Interrupters,” “Head Games” and the classic “Hoop Dreams” on his decades-long...

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