CRISE ET CHUCHOTEMENTS

CRISIS AND WHISPERS

By Jossy MAYOR, Laurent MOYSE

RISHON FILMS SÀRL - as PROD

Historical - Completed 2022

The spectre of a national catastrophe arises at the end of September 2008 in Luxembourg when two systemic banks from the financial centre are on the verge of disappearing simultaneously.

Festivals
& Awards

Luxembourg City Film Festival 2022
    • Year of production
    • 2022
    • Genres
    • Historical, Documentary
    • Countries
    • LUXEMBOURG
    • Languages
    • FRENCH, LUXEMBOURGISH
    • Budget
    • 0.3 - 0.6 M$
    • Duration
    • 71 mn
    • Director(s)
    • Jossy MAYOR, Laurent MOYSE
    • Writer(s)
    • Jossy MAYOR, Laurent MOYSE
    • Producer(s)
    • Jossy MAYOR (RISHON FILMS)
    • Synopsis
    • On Friday September 26, 2008, the management of Fortis Luxembourg warns the Luxembourg finance minister, Luc Frieden, that the bank is on the verge of collapse. The subprime crisis and the acquisition of ABN AMRO precipitated the fall of the group of which it is a part and which has its headquarters in Belgium. For three days, a Luxembourg delegation under the leadership of the State works tirelessly to try to save the Luxembourg entity. No sooner has it sketched out a rescue scenario that it learns about another systemic bank, Dexia-BIL, which is dragged into a similar disaster. The disappearance of the two banks could deal a fatal blow to the country's economy and destabilize the entire financial centre.