Abacus: Small Enough to Jail
The financial crash of 2008 and the multibillion-dollar government bailouts of Wall Street behemoths had lasting consequences for America and the rest of the world, including Hong Kong. Yet only a single U.S. bank was prosecuted in the wake of the crisis: Abacus Federal Savings, a community bank in New York’s Chinatown run by the Sung family. This documentary, which was an Academy Award nominee in 2018, is an eye-opening portrait of their five-year legal battle to defend themselves and their bank’s legacy in the Chinatown community.
Speaker: Jill Sung,CEO, Abacus Federal Savings Bank