Archive for December 1st, 2013

December 1, 2013

The Queen of Versailles

Jackie Siegel

The Queen of Versailles is a 2012 American documentary film by Lauren Greenfield, depicting Jackie Siegel and her husband David, founder and CEO of Westgate Resorts (a timeshare company based out of Florida), and their family as they build the Versailles house, the largest and most expensive single-family house in the United States, and the crisis they face as the US economy declines.

Washington Post’ columnist Ezra Klein called it, ‘perhaps the single best film on the Great Recession,’ writing that one scene, in which Siegel recounts a series of transactions that allowed him to purchase at a fraction of its original value a loan on which he owes money, ‘might stand as the single most complete vignette on the mechanics of the financial crisis and the subsequent slow recovery.’

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