A new way to take revenge on bankers
Affluent individuals out to take revenge on the banking community following the credit crisis are being given the chance to finance a film inspired by the near-collapse of HBOS, the UK bank, last year.
Producer Alex Cameron is seeking to raise £50,000 for a movie called Michael's Resignation, which he bills as a "dark Tarantino-esque psychological thriller." His funding tool is the internet: initially Cameron used Facebook to generate interest.
The film has been written on a collaborative basis by no less than 60 aspiring screenwriters from across the world. Cameron's website www.michaelsresignation.com contains samples of the script and details on how to provide support.
Cameron says he wants to open the funding of the film to a range of investors rather than purely appealing to the super-rich. He has kept financing costs under control by using undiscovered actors, unknown production staff and a soundtrack by unsigned bands. He adds: "Whatever we make back within a year, we give back to those who believed in us."
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