• 08 Jan 2018
  • 7:00 PM - 9:30 PM
  • Delancey Street Screening, Room 600 The Embarcadero, San Francisco

AABA is co-sponsoring a special documentary screening of ABACUS: SMALL ENOUGH TO JAIL, shortlisted for an Academy Award. This film documents the story of the the Sung family, founders of the only bank to be indicted after the 2008 financial crisis and their five year legal battle. Join director Steve James, producer Mark Mitten, Frances Reid, Rob Epstein and the Sung Family for the screening. A Q&A with Steve James, Mark Mitten and members of the Sung Family will follow the film, plus a reception afterwards.

RSVP to: publicity@larsenassc.com

About the film:

1 hrs, 28 mins
Cast: Thomas Sung, Jill Sung, Vera Sung

Director: Steve James
More info: https://www.landmarktheatres.com/san-francisco/opera-plaza-cinema/film-info/abacus-small-enough-to-jail

From the website: In the financial crisis of 2008 depicted in The Big Short, when giant banks using questionable loan practices were bailed out for billions because they were “too big to fail,” only one financial institution was indicted for mortgage fraud: the small, family-run Abacus Federal Savings of Chinatown in New York. Owned by the Chinese-American Sung family and serving mainly the Chinese-American immigrant community, they were targeted by Manhattan District Attorney Cyrus R. Vance Jr. for fraud. The indictment and subsequent trial forced the Sung family to defend themselves and their bank’s legacy in the Chinatown community over the course of a grueling five-year legal battle. Master documentarian Steve James (Life Itself, The Interrupters, Hoop Dreams) was there to record the thrilling, maddening, nerve-wracking fight. Along the way he creates an in-depth portrait of the close-knit Sung family: the dignified elderly father who founded the bank in the 1980s to serve his community, his loyal wife whose favorite movie is It’s a Wonderful Life, and their two eldest daughters, smart and tough, who currently run the bank. An absorbing, suspenseful true life saga.

All paid AABA members can register for our CLE or many other events for free. Join now to enjoy this member only benefit!

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