"Ultimate to the sea": the speeding of the Wall Street meat grinder

Melyssa 2022-03-24 09:01:45

An excellent former bridge designer, now a financial risk assessment director, discovered the company's huge crisis at the moment of being laid off. Before he could speak, he was forced to go out the door. Before leaving, hand over the data model you have researched to your assistant. When the assistant who was studying rockets saw the model, he immediately concluded that the company would be on the verge of bankruptcy within a week. The current boss was recalled in the impatient late night, and the boss called the boss again until the head hurried over by helicopter and held an emergency plenary meeting to study the countermeasures. A symphony of various intrigues, ruthlessness, interpersonal relationships, conscience and desire is played.

The film is adapted from the real 2008 financial crisis. It takes a giant financial institution on Wall Street in the United States as the entry point, and uses 24 hours to deduce the general mobilization of the company from the top to the top to the white-collar employees to deal with the eve of darkness. The film made a boring and colorless financial incident with flesh and blood, which is not only due to the high emotional intelligence of the screenwriter, but also thanks to the delicate performance of the leading soul Kevin Spacey. The subtle emotions of good and evil are brought into full play. If you don't know anything about financial knowledge, then Kevin Spacey and a few handsome guys and Demi Moore will become the only people to pay attention to in the film.

In fact, the financial crisis in reality is not as thrilling and sensational as it appears in the film. When the gold standard was abolished by Western countries during the First World War, periodic periods of currency devaluation and inflation were already doomed. Not even a fuss is to be made to be touted by some expert groups defending the free economy as a natural reconciliation by the invisible hand of "Mr. Market." The most obvious manifestation is the exchange and replacement of bull markets and bear markets in the stock market. Only in this way can capitalists play capital games endlessly and ruthlessly kill those unprepared business rookies. It's just that the game was played out of control this time, and the dealer was also caught in it and couldn't extricate himself. As early as the 1980s and 1990s, relevant professionals had already warned about this kind of snowball game, but everyone was intoxicated with joy and had no time to care. In 2008, when the Queen of England lost £37 million in an instant, she ranted about why Americans didn't stop a financial crisis that they knew would come, but no one answered.

It is worth noting that two characters with backgrounds in bridge design and rocketry are specially arranged in the film to be the tipping point of the whole incident. They could have made a great contribution to the country in their professional field, but only because of financial The high salary of the industry makes it easy to give up one's profession and invest in it, thus starting a huge disaster for the whole people, which has great irony and critical spirit. In the film, when Kevin Spacey faced the storm, he acted calmly, only focusing on the life and death of his dog and showing no mercy to his subordinates. It was precisely because these things happened all the time. is too commonplace. No matter the life or death of others, it is a trivial matter for managers, and it also greatly reflects the ruthless side of capitalist countries when facing all living beings.

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Extended Reading
  • Addison 2022-03-26 09:01:05

    nice! The three generations of old, middle-aged and young are fighting for their acting skills. The scene is very simple. It relies entirely on lines and performances to maintain a high degree of tension. The plot and structure are very similar to "tycoon games", but they are moved to the Wall Street era where virtual currency is played instead of salesman PK. Of course, the latter is textbook-level in terms of actor configuration and performance level, and this time it is a downgraded and reduced version.

  • Elsa 2022-03-26 09:01:05

    This is about Goldman Sachs, there are many old stars

Margin Call quotes

  • Will Emerson: You know, the feeling that people experience when they stand on the edge like this isn't the fear of falling - it's the fear that they might jump

  • Sam Rogers: Thank you all for coming in a little early this morning. I know yesterday was pretty bad and I wish I could say that today is gonna be less so, but that isn't gonna be the case. Now I'm supposed to read this statement to you all here, but why don't you just read it on your own time and I'll just tell you what the fuck is going on here. I've been here all night... meeting with the Executive Committee. And the decision has been made to unwind a considerable position of the firm's holdings in several key asset classes. The crux of it is... in the firms thinking, the party's over as of this morning. There's gonna be considerable turmoil in the Markets for the foreseeable future. And *they* believe it is better that this turmoil begin with us. As a result, the firm has decided to liquidate its majority position of fixed income MBS... today. These are your packets, you will see what accounts you're responsible for, today. I'm sure it hasn't taken you long to understand the implications of this sale, on your relationships with your counter parties and as a result... on your careers. I have expressed this reality to the Executive Committee, and they understand. As a result, if you achieve a 93% sale of your assets, you will receive a 1.4 million dollar one-off bonus. If the floor as a whole achieves a 93% sale, you will get an additional 1.3 million dollars apiece. For those of you who've never been through this before, this is what the beginning of a fire sale looks like. I cannot begin to tell you how important the first hour and half is gonna be. I want you to hit every bite you can find: dealers, brokers, clients, your *mother* if she's buying. And... no swaps, it's outgoing only, today. Obviously this is not going down the way that any of us would have hoped, but... the ground is shifting below our feet, and apparently, there's no other way out.