The Center for the Healing of Racism will celebrate Asian-Asian Pacific Islander Month with a screening of Abacus: Small Enough to Jail. The 2016 documentary film by Steve James relates the story of Abacus Federal Savings Bank, a family-owned community bank located in Manhattan’s Chinatown in New York City. Because it was deemed "small enough to jail" rather than “too big to fail,” Abacus became the only financial institution to actually face criminal charges following the subprime mortgage crisis.
The Center for the Healing of Racism will celebrate Asian-Asian Pacific Islander Month with a screening of Abacus: Small Enough to Jail. The 2016 documentary film by Steve James relates the story of Abacus Federal Savings Bank, a family-owned community bank located in Manhattan’s Chinatown in New York City. Because it was deemed "small enough to jail" rather than “too big to fail,” Abacus became the only financial institution to actually face criminal charges following the subprime mortgage crisis.
The Center for the Healing of Racism will celebrate Asian-Asian Pacific Islander Month with a screening of Abacus: Small Enough to Jail. The 2016 documentary film by Steve James relates the story of Abacus Federal Savings Bank, a family-owned community bank located in Manhattan’s Chinatown in New York City. Because it was deemed "small enough to jail" rather than “too big to fail,” Abacus became the only financial institution to actually face criminal charges following the subprime mortgage crisis.