Aside from the subprime mortgage crisis, I think the film is a realistic reflection of some of today's real financial life.
1. The layoffs at the beginning of the film
I used to think that this kind of layoff was too dramatic. A few days ago, I heard that a foreign company's rating company was laying off staff. It was a similar way. Call the hotel for a meeting early in the morning, and each person will give you a large file bag and tell you the N+ amount of compensation one by one. You can't go back to the office to get your personal items, and someone will pack them up and send them to you. But it was ruthless and without warning.
2, all kinds of back pot
The model must have been approved by the company, and the chief risk officer also warned about the risks, and Sam also warned about the risks, but the company chose to ignore it. In the event of an accident, someone will be quickly selected to take the blame, and the one who takes the blame is always someone with a lower status. Working in the financial industry, how to protect oneself is also difficult. The so-called sufficient evidence is not enough to resist the big boss, because the big boss is not ignorant of the truth, but just needs a person to take the blame.
3. About the craze for the financial industry
In the film, the head of the risk department and the doctor of physics, who were originally engineers, have all joined the financial industry, probably because the financial industry earns significantly more. This is also the case in China now. The major with the highest score is the financial major. How many people have squeezed their heads and want to enter the financial industry. From the film, we also saw the wages of people at different levels, ranging from 250,000 to 2.5 million, to nearly 100 million.
4. Where did the money go?
Will talked about the whereabouts of his $2.5 million, in addition to the mortgage, food and clothing, he also spent a lot of money on prostitutes; the head of the risk department who was fired eventually returned to the office to sit for lack of money. Even Sam said that I was willing to stay because I thought I needed the money. From frugality to extravagance is easy, from extravagance to frugality is difficult.
5. The inescapable economic cycle
As Tuld said, over the years, there have been crises, and the first thing financial institutions have to do in a crisis is to protect themselves, and the interests of customers can be put to the back at this time. We are simply selling bonds to those who want to buy them at fair market prices.
Sigh.
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