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Abacus: Small Enough To Jail w/Producer, Julie Goldman, Assoc. Prod., Sean Lyness and Vera and Jill Sung, Subjects in the Film

at The Long Island Museum | Mon Mar 27

Location

The Long Island Museum

1200 Route 25A
Stony Brook - 11790 (Map)
Contact Name: Wendy Feinberg
Visit Website: Website.

Date & Time

07:00 PM - 09:00 PM
Mon, Mar 27, 2017
Cost:    $7.00 at the door (no credit cards |  please)
Description

Guest Speakers: Julie Goldman, Producer; Sean Lyness Assoc. Prod.; Jill and Vera Sung, bankers

ABACUS: SMALL ENOUGH TO JAIL, directed by Steve James and produced by Julie Goldman and Mark Mitten, tells the fascinating story of the government’s decision to prosecute a small, immigrant-owned financial institution, while overlooking far more egregious behavior at much larger institutions. The Sung family, owners of Abacus Federal Savings of Chinatown, New York, were accused of mortgage fraud by Manhattan District Attorney Cyrus R. Vance Jr. Abacus Federal became the only U.S. bank to face criminal charges in the wake of the 2008 financial crisis. The indictment and subsequent trial forced the Sung family to defend themselves and their bank’s legacy. The Sung family spent over ten million dollars in a five-year battle to save the family business, their honor and to stand up for their community.
Time: 88 minutes

Guest Speakers for Q and A: Julie Goldman, Producer; Sean Lyness Assoc. Prod.; Jill and Vera Sung, bankers