Crisis In The Credit System - Uk Artist Melanie Gilligan Makes The First Film About The Global Finan

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22nd October 2008, 11:54pm - Views: 764





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Crisis in the Credit System - UK Artist Melanie Gilligan Makes the First Film

About the Global Financial Crisis


LONDON, Oct. 22 /PRNewswire-AsiaNet/ --


    Crisis in the Credit System, a four-part drama dealing with the credit

crisis, scripted and directed by artist Melanie Gilligan, premiered in London

to rave reviews.


    (Photo: http://www.newscom.com/cgi-bin/prnh/20081022/325748-a)


    (Photo: http://www.newscom.com/cgi-bin/prnh/20081022/325748-b)


    A major investment bank runs a brainstorming session for its

employees, asking them to develop strategies for coping with the crunch.

Role-playing their way into increasingly bizarre scenarios, they find

themselves drawing disturbing conclusions about the deeper significance of

the crisis and its effects beyond the world of finance.


    Before the crisis took on its current proportions, Melanie Gilligan

created a fictional exploration of its inner logic. Now commentators are

astounded at the film's prescience. "Four years ago," Melanie Gilligan

explains, "I saw how the global debt-fuelled bubble was unsustainable. I

started thinking about the impact a crash would have - not only for those in

finance but for the rest of us. Who would be left to pick up the tab? At that

point, I wrote a song with my band Petit Mal called Crisis in the Credit

System. I started work on a film of the same name a year ago, with the song

as soundtrack."


    The Independent calls Crisis in the Credit System "A

ground-breaking online film." The Observer said "The timing of your film is

uncanny" and Telegraph.co.uk remarked "While economists and bankers struggle

to understand and describe the crisis to the rest of us, Gilligan's response

looks at some of the deeper issues." The Guardian describes the song as "the

first pop song about the credit crunch ... a prophecy of financial apocalypse

accompanied by a lovely melancholy tune."


    Crisis in the Credit System - the film was shot in London, UK,

commissioned and produced by Artangel Interaction.


    View all four episodes at



    Crisis in the Credit System - the song by Petit Mal, AKA Ben

Seymour and Melanie Gilligan, fuses '80s synth pop and '00s electronica to

create a haunting anthem for capitalism's latest crash.


    Visit http://www.myspace.com/petitmalpetitmal Single out now on Difficult

Fun Records.


    Source: Spectrum



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