Margin Call - Workplace Life and Death Handbook

Violet 2022-04-21 09:01:58

It does not involve too deep financial expertise, so I feel more of the cruel workplace on the eve of the crisis

Keywords: layoffs

1. The atmosphere of panic when the company laid off people on a large scale is too realistic (I don’t know if the current JD is also like this)

2. You are not fired not necessarily because you are more valuable, but because you are not hacked (HR says it's no way personal is not true)

3. Those who hold important interests or handles of the company will not be fired, but the price may be stuck in there forever

Keywords: back the black pot

Abandoning the car in times of crisis to protect the handsome

Keywords: stand up

It is very important to stand in a team. Those who know the times are the heroes, but they are loyal to the values. It is the warriors who are not against the tide at the critical moment.

tags: stand

People make different decisions in the workplace, mainly because of different positions, not personal reasons such as ability/character/values ​​(Spacy is reluctant to clear positions, mainly because doing so directly hurts other departments the most)

A few more impressive snippets:

1. At first, Spacy's character cried for the dead dog at home, but was indifferent to the tragic layoffs in his department, giving people the feeling of being a very cold-blooded person, but when he strongly opposed the clearance, his subordinates were loyal to him, and he published that paragraph before the clearance. His tragic words, as well as his request to resign, made people see his remaining humanity. At the end of the night, I was alone in front of my ex-wife's house to dig a grave for the dead dog. On the other hand, the big boss, Todd, who has achieved this position is very tough.

2. Spacy's subordinates are also rare in this cold-blooded industry. The words with the children in the car are very harsh but true. It is very important to recognize yourself and know what you want.

3. In the early morning of the clearance day, Spacy talked to the protagonist who picked up the USB flash drive. Soon a large wave of helicopters flew over, and the board of directors and shareholders were about to take their places. At this time, the two of them looked up and the camera did not show the sky, but imagine That scene is really like the end of the world is coming.

4. I thought it was a true story, but I feel more and more that something is wrong. Although I don’t understand finance, if Goldman Sachs liquidates its positions overnight, I am afraid that the financial crisis will come immediately, and the US government will not agree. It turns out that the reality is that Goldman Sachs spends money. It has been selling for more than a month and has bought a lot of short positions to hedge.

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Extended Reading

Margin Call quotes

  • [last lines]

    Mary Rogers: Sam, you don't live here any more. Are you alright? You don't look so good.

    Sam Rogers: Yeah, it's been a rough day all the way around.

    Mary Rogers: I know, Sammie called.

    Sam Rogers: Is he alright?

    Mary Rogers: They got hammered, but they got out alive.

    Sam Rogers: Oh, good.

    Mary Rogers: Well I'm going go back inside and go back to bed. The alarm is on, so don't try to break in. Take care of yourself.

    Sam Rogers: [resumes digging dog's grave]

  • Will Emerson: [as he is leaving Eric's place] Hey Eric? Don't beat yourself too much about this stuff, all right? Some people like driving the long way home. Who the fuck knows, right?

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