Abacus: Small Enough to Jail

Year 2017Episode 1390 minsept. 12, 2017
Abacus: Small Enough to Jail

Following the 2008 financial crisis, the only U.S. bank to face criminal charges was Abacus Federal Savings Bank, the first Chinese-owned bank in New York's Chinatown. Founded by immigrant Thomas Sung in 1984 and now run by him and his American-born daughters, the bank was accused of mortgage fraud in a legal battle that spanned five years costing them $10 million. From acclaimed director Steve James, the little-known story of the only U.S. bank prosecuted in relation to the 2008 financial crisis. Now an Academy Award nominee for Best Documentary Feature.

Abacus: Small Enough to Jail has aired on sept. 12, 2017 at 22:00
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