There have been many documentaries & films over the past decade on the financial industry trying to give outsiders a glimpse into their usually mundane world, only to find that sometimes when they get it wrong it really is mammoth in proportions. In this case, we have a fascinating look into the world of now defunct German company Wirecard, which was pure criminal fraud right front of all our eyes, yet few even an eyelid, with there being either only some mavericks "shorting" them or a few genuine brave investigators. We have tales of politicians, financial gurus, outside investors, stock traders and one very brave FT newspaper journalist; all talking heads taking us through the machinations of this catastrophe.
What this doc does well is help to explain the ins & outs of the company, but also show the shere scale of the corruption underlying this company. Yet everyone was fawning over it, and clearly a blind eye was turned by everyone. It took some brave reporting despite the threats to reveal the truth.
However, I feel that this documentary is a little watered down. I guess for legal reasons there were more targets & names they could have attacked but didn't which is a shame, as at the end only a couple of names seem to be blamed when really there are plenty of more guilty parties involved. That lets it down but not enough to knock the film off the tracks.
As an introduction to the 'skandal' it's a fine start, but really I think something more meaty is required to forensically investigate all that took place. There may still be other "Wirecard" companies out there which we are all blind to!
What this doc does well is help to explain the ins & outs of the company, but also show the shere scale of the corruption underlying this company. Yet everyone was fawning over it, and clearly a blind eye was turned by everyone. It took some brave reporting despite the threats to reveal the truth.
However, I feel that this documentary is a little watered down. I guess for legal reasons there were more targets & names they could have attacked but didn't which is a shame, as at the end only a couple of names seem to be blamed when really there are plenty of more guilty parties involved. That lets it down but not enough to knock the film off the tracks.
As an introduction to the 'skandal' it's a fine start, but really I think something more meaty is required to forensically investigate all that took place. There may still be other "Wirecard" companies out there which we are all blind to!