Abacus: Small Enough to Jail
Acclaimed director Steve James (Hoop Dreams, The Interrupters, Life Itself) follows the story of the Sung family, Chinese immigrants and owners of a small bank at the heart of New York City’s Chinatown. When the Manhattan District Attorney accuses Abacus Federal Savings Bank of mortgage fraud, it becomes the only U.S. bank to face criminal charges after the 2008 financial crisis. Since its creation, founder Thomas Sung has shaped Abacus into the cornerstone of Chinatown, catering to the immigrant community by helping residents buy homes and start businesses. When the case goes to trial, the Sung family has no choice but to defend itself and its bank’s legacy in a legal battle that lasts five years. Discussion with executive producer Gordon Quinn, moderated by Stephen Horan (CFA Institute)
Presented by CFA Institute
Sunday, November 12
Downtown Mall : Vinegar Hill Theatre
Director: Steve James
Runtime: 88 min.
Featuring: Thomas Sung, Jill Sung, Vera Sung, Neil Barofsky, Matt Taibbi, Jianyang Fan, David Lindorff.