Cutting Edge: Confessions of an Undercover Cop (Full Version)

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Bafta-winning film-maker Brian Hill unravels the extraordinary story of Mark Kennedy, the undercover police officer who infiltrated groups of environmentalists to inform on their planned protests. He lived as Mark Stone for seven years, becoming a popular figure in the community, sleeping with women and falling in love with one activist, even as he gathered intelligence.

Kennedy paints a picture of two worlds: the mostly well-intentioned world of the activists and the uncaring police he was working for. It’s hard to know which is more shocking: his sexual relationships with “targets” or the scale of resources devoted to thwarting peaceful protest. Either way, it’s an eye-opening film.  More at Radio Times.
 

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The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime , 4.3 out of 5 based on 10 ratings
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The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime

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1992 – The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of about 747 out of the 3,234 savings and loan associations in the United States. A savings and loan or “thrift” is a financial institution that accepts savings deposits and makes mortgage, car and other personal loans to individual members—a cooperative venture known in the United Kingdom as a Building Society. “As of December 31, 1995, RTC estimated that the total cost for resolving the 747 failed institutions was $87.9 billion.” The remainder of the bailout was paid for by charges on savings and loan accounts — which contributed to the large budget deficits of the early 1990s.

The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 1990–91 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II.

 

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Rating: 4.3/5 (10 votes cast)
The Savings and Loan Banking Crisis: George Bush, the CIA, and Organized Crime , 4.3 out of 5 based on 10 ratings
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