Margin Call is a film by J.C. Chandor that shows a 24-hour period at an investment firm that has realized that the financial market is about to collapse. We see the views from a trader and higher up executives in the firm as everyone tries to decide what their best plan of action is.
As journalism student and not an econ student, I found the movie Margin Call to break down the financial crisis into a very interesting story. I was very surprised at how the investment firm made the decision to try and dump their toxic assets off before the general public knew they were useless.
One thing in that the firm continued to do after they realized their mistakes was keep-throwing money at people to try and fix it. The fact that the executives were willing to throw $1.3 million at any trader who was able to move 93 percent of their assets for the day was amazing. That seems to be the only way to convince people to destroy the business they have put their life into.
Kevin Spacey’s character seemed to be the only high up employee who was disgusted with the actions taken by John Tuld. We saw him have a large moral dilemma with what they were forcing their employees to do. You could tell that J.C. Chandor had somewhat of a bias towards executive at firms such as this because he portrayed them as selfish idiots. I have a feeling they don’t need something to be broken down to them as if being told to a “golden retriever”.
Billy Crosby
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