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'Frontline' takes an absorbing look at the big story of a little bank in 'Abacus: Small Enough to Jail'

A family-owned bank. A community that relies on that bank. A financial meltdown that threatens to take them all down. Parallels between George Bailey and Bailey Building and Loan of “It’s a Wonderful Life,” and Thomas Sung and his Abacus Federal Savings Bank are drawn early in the Frontline documentary...
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Abacus Bank fought the law and won, but it came at a cost

United States / New York : Crain's New York Business

Thomas Sung was walking to lunch recently at the Peking Duck House, one of his favorite Chinatown restaurants, a couple of blocks from the main office of Abacus Bank, the community institution he... To view the full story, click the...

Move Your Money Away From Big Banks Like George Bailey In ‘It’s A Wonderful Life’

US Politics / Liberal : ThinkProgress: Election

Tomorrow is “Bank Transfer Day,” a day on which 99 Percent activists are calling for Americans to take their money out of big banks and other similar financial institutions and instead use credit unions and local community banks. As...

Abacus: Small Enough to Jail

Film / Film Reviews : RogerEbert.com

The title of Steve James' new documentary "Abacus: Small Enough to Jail" is a play on a phrase that was popularized during the 2008 financial crisis: that certain banks were "too big to fail" and had to be rescued by the United Stat...

'Abacus: Small Enough to Jail' turns bankers into tragic heroes

Entertainment / Film : LA Times: Movies

Only one bank faced criminal charges in the aftermath of 2008’s global financial meltdown, and it wasn’t one you might expect. If behemoths like Goldman Sachs or Morgan Stanley were judged too big to fail, then tiny community-orient...

“Abacus: Small Enough to Jail” at the Chicago Film Festival

Entertainment / Film : The Movie Blog

Genre: Documentary 88 minutes Director: Steve James (“Hoop Dreams”) This is a saga of the Chinese immigrant Sung family who own and run the Abacus Federal Savings Bank in New...

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