Abacus Federal Savings Bank: Small Enough to Jail

In the wake of the 2008 financial crisis, the biggest banks on Wall Street all avoided prosecution for fraud related to the sale of bad mortgages.

But one bank based in New York City was indicted by the district attorney’s office: Abacus Federal Savings Bank — a family-run bank in Chinatown serving an immigrant population.

Tonight, FRONTLINE is proud to present the national broadcast premiere of Abacus: Small Enough to Jail — the newest film from acclaimed documentary director Steve James (Hoop DreamsThe Interrupters).

Fresh off a robust international film festival run and national theatrical release, this dramatic, 90-minute documentary tells the little-known story of how Abacus — the 2,651st largest bank in the United States at the time of its trial — became the only U.S. bank to be prosecuted in relation to the financial collapse.

The New York Times calls it “a classic underdog tale,” The Hollywood Reporter says it’s “both an affirmation and an indictment of the American Dream,” and the Los Angeles Times calls it “an absorbing look at the big story of a little bank.” You won’t want to miss it.

Watch Abacus: Small Enough to Jail.

–  Patrice Taddonio
Assistant Director of Audience Development, FRONTLINE
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