This thriller set in New York’s Wall Street at the time of the international financial crisis of 2008 takes place in the offices of a major investment bank during the decisive twenty-four hours that precede their bankruptcy announcement. Having examined the books, young analyst Peter Sullivan suddenly realises that the valuations on which the company has based its business are faulty and that assets from the firm’s mortgage business do not have the same value recorded in the accounts, on the contrary – they have brought the firm to the brink of collapse. No sooner do they hear about the situation that night than the firm’s top management convene a meeting to try to save the bank. Among those at the meeting is Sam Rogers, an experienced stockbroker, his boss Jared Cohen and risk analyst Sarah Robertson. The company head, John Tuld, is also flown in to the meeting by helicopter and it is he who ultimately comes up with a plan to bail them out: as soon as the stock exchange opens in the morning they are to offload all ‘toxic’ debts – a move that will have drastic consequences, not just for Wall Street.
JC Chandor: _The American independent investment bank as we knew it died. Margin Call is my attempt to share the experiences of a small group of characters that were sitting at the heart of this crisis without even realizing it. The machinery they were a part of had grown so large and complex that no one could comprehend its destructive power until it was too late._ —Berlinale
a pleasant surprise. this wall street issue movie avoids moralizing hysterics, opting instead for a world of semi-bad guys with enough breathing room to make their ayn-rand-meets-social-darwinism case for late capitalism and its insane excesses. it's free of redemption tales, but also delicate enough to avoid fatalistic misanthropy. i wish spacey had made 13 episodes of this instead of "house of cards."
Best Feature, Director, Male Lead and Cinematography.
Also: Adam Curtis on Dead of Night, life, the universe and everything. And more.
Best Picture, Director and Cinematography. Nice showing, too, for Tinker Tailor Soldier Spy.
We’ll be waiting a bit longer for the movies to catch up with the anger of the 99%.
“Explaining how these guys justified their rapacious and immoral behavior to themselves is not the same thing as excusing it.”
For its 40th anniversary edition, the Film Society of Lincoln Center and the Museum of Modern Art's annual New Directors/New Films festival
New York's Film Society of Lincoln Center and Museum of Modern Art have announced the lineup for this year's New Directors/New Films (March
Margin Call does a commendable job showing the humanity – often very flawed humanity, like the rest of us – behind the sub-prime mortgage meltdown. Some of the people are more sympathetic than others… read review