In the wake of the 2008 financial crisis, only one U.S. bank faced criminal charges: Abacus Federal Savings of Chinatown, New York. The indictment and subsequent trial forced the Sung family, who owned the small community bank, to defend themselves – and their bank’s legacy in the Chinatown community – over the course of a five-year legal battle.
“Abacus: Small Enough to Jail”, an award-winning documentary, traces the story of the Sung family’s struggle.
In an exclusive interview for Financial Narrative, Dan Simon, CEO of Vested will host a conversation with Jill and Vera Sung as they share their experiences defending their family’s bank and their views on the role of community banks today.
22 people are attending Small Enough to Jail: A Discussion with Jill & Vera Sung of Abacus Bank, Focus of the Award Winning Documentary Abacus