Comments (63)

Jul 28, 2011

that movie looks like it will faithfully convey how boring and arcane finance actually is

Kevin Spacey was way better in horrible bosses

Jan 5, 2013

It is one of my favorite movies. The Social Networks maybe tops it, but other than that my favorite one. Very accurate, authentic movie. Great actors. I especially love the trading scene at the end. Saw it in cinema and then bought it on DVD to watch it again. Most of my friends think it's pretty boring, but that is mostly because they are not interested in finance.

It is far better than this shitty Wall Street Money never sleeps. Wall Street by Oliver Stone is simply cheap, inaccurate, unrealistic and full of cliches. Margin Call draws a far more accurate picture of the financial services industry.

Jan 5, 2013

"Arbitrage" was tangentially related to finance, which I found to be entertaining.

    • 1
Jan 5, 2013
startups08:

"Arbitrage" was tangentially related to finance, which I found to be entertaining.

I haven't watched Arbitrage yet, as I am currently a little busy with my studies, but I will definitely once I have more time again. Thanks for the recommendation!

Jan 5, 2013

one question: what are actually the titles of the guys in margin call? is will emerson (played by paul bettany) a managing director? what is the rank of the guy portrayed by kevin spacey? and what is the rank of the department head portrayed by simon baker? thank you!

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Jan 6, 2013

Kevin Spacey as Sam Rogers, Head of Sales and Trading.
Paul Bettany as Will Emerson, Head of Trading.
Jeremy Irons as John Tuld, CEO and Chairman of the Board.
Zachary Quinto as Peter Sullivan, Senior Risk Analyst.
Penn Badgley as Seth Bregman, Junior Risk Analyst.
Simon Baker as Jared Cohen, Head of Capital Markets.
Stanley Tucci as Eric Dale, Former Head of Risk Management.
Demi Moore as Sarah Robertson, Chief Risk Management Officer.

Source: Wikipedia

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Jan 5, 2013
blkprime:

Kevin Spacey as Sam Rogers, Head of Sales and Trading.
Paul Bettany as Will Emerson, Head of Trading.
Jeremy Irons as John Tuld, CEO and Chairman of the Board.
Zachary Quinto as Peter Sullivan, Senior Risk Analyst.
Penn Badgley as Seth Bregman, Junior Risk Analyst.
Simon Baker as Jared Cohen, Head of Capital Markets.
Stanley Tucci as Eric Dale, Former Head of Risk Management.
Demi Moore as Sarah Robertson, Chief Risk Management Officer.

Source: Wikipedia

thanks a lot!

Jan 6, 2013
blkprime:

Kevin Spacey as Sam Rogers, Head of Sales and Trading.
Paul Bettany as Will Emerson, Head of Trading.
Jeremy Irons as John Tuld, CEO and Chairman of the Board.
Zachary Quinto as Peter Sullivan, Senior Risk Analyst.
Penn Badgley as Seth Bregman, Junior Risk Analyst.
Simon Baker as Jared Cohen, Head of Capital Markets.
Stanley Tucci as Eric Dale, Former Head of Risk Management.
Demi Moore as Sarah Robertson, Chief Risk Management Officer.

Source: Wikipedia

From watching the film, it's important to delineate that each of those roles was only for a product. Sam was head of S&T for MBS, he was essentially a product head. Will, below him, was head of trading but only for that product. Peter would be known as the desk analyst, a title that is used for a research, risk, or structuring employee placed directly on the desk and tasked specifically with that product. Jared as portrayed by Simon Baker was the actual division head, a role that would be responsible for overseeing the dozen or so product heads that would be Sam's peers from other assets.

For instance, in the fixed income area alone, there could be a "Head of Sales and Trading" for MBS, ABS, high yield/distressed, IG credit, FX, rates, municipals, etc. There could even be product heads within each of those. MBS, for instance, could be divided by rezzy, agency, commercial, and FX could be divided into G10, Asia, and LatAm.

This is corroborated by the several times that the characters in the film reference other floors within the firm: Sam mentions how bad the firing is for affecting employees even on other floors, and when discussing risk parameters they mention how losses from their floor (MBS) alone could bankrupt the firm.

Sorry to be a stickler, just wanted to point out that of those positions, few were actually very senior. Obviously the Boardmembers and C-suite officers were quite high-ranking (John Tuld, Sarah) and Simon Baker's character was a division head, but Sam was basically a tenured MD and Will could easily have been only a VP. Eric Dale was certainly not that senior; his role was limited purely to their product and he managed a two-person team.

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Jan 5, 2013
UK2013plus:

Wall Street by Oliver Stone is simply cheap, inaccurate, unrealistic and full of cliches.

It was also a lot more interesting

Jan 6, 2013

good find.

Jan 6, 2013

trailer's good, but the "we did this on purpose to save our asses" is bullshit. This is why I hate Hollywood.

Reality hits you hard, bro...

Jan 6, 2013

Funny this is at the top again, I just watched this movie for the third time in as many months...I love it, can't get enough of it. Great movie. Really makes it hard to watch anything else finance-related. Great cast, great acting, great script, shot very well, great music.

"When you stop striving for perfection, you might as well be dead."

    • 1
Jan 6, 2013

Wow...sorry for the...million posts? Safari just took a shit

"When you stop striving for perfection, you might as well be dead."

Jan 6, 2013

*

"When you stop striving for perfection, you might as well be dead."

Jan 6, 2013

*

"When you stop striving for perfection, you might as well be dead."

Jan 6, 2013

Okay, still not a trailer. Here are the clips that have been released so far (looks great, by the way):

Jan 6, 2013

looks boring

Jan 6, 2013

Absolutely cannot wait for this

Jan 6, 2013

^Word.

I win here, I win there...

Jan 6, 2013

That looks pretty terrible/boring in my opinion.

Jan 6, 2013

I might (keyword here) be able to make it to the early viewing this week. If I do end up seeing it I can post a review if anyone is interested.

In 1976, James Hunt broke the sound barrier through Eau Rouge only to retire before the event finished... following the race he had sex with three Belgian nurses at the clubhouse near La Source.

Jan 6, 2013

Can't wait baby

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Jan 6, 2013

sign me up.....

Jan 6, 2013

Wow, it looks like it's not... preaching. That's a nice change from the steaming pile that was Wall Street 2. Sadly I doubt it'll get much of an audience.

Jan 6, 2013

I wonder if the "equation" they're referring to is the Gaussian copula?

Jan 6, 2013
android411:

I wonder if the "equation" they're referring to is the Gaussian copula?

That would make sense - to my knowledge there are no other equations that have been blamed for all the mispricefuckery?

Jan 6, 2013

I wrote a review of the film when it premiered at Sundance earlier this year. You can read it here if you so choose.

In 1976, James Hunt broke the sound barrier through Eau Rouge only to retire before the event finished... following the race he had sex with three Belgian nurses at the clubhouse near La Source.

Jan 6, 2013

Looks a little better than the movie lookatmycock's friends made in their basement. The storyline is no match though.

Jan 6, 2013
Flake:

Looks a little better than the movie lookatmycock's friends made in their basement. The storyline is no match though.

HAHAHAHAHAHAHAHAHAHAHA thanks to your constructive criticisms, they're posting a new trailer later this week either tonight or tomorrow lol

Jan 6, 2013

Looks garbage.

Always be improving

Jan 6, 2013

I'm hoping it's at least better than the clusterfuck of a movie that WS2 was - setting the bar low to avoid disappointment.

Jan 6, 2013

Can't wait haha

Jan 6, 2013

They should make a real wall street movie. It could be a 16 hour long docudrama about excel shortcuts.

I have to return some video tapes.

Jan 6, 2013

Just read James Hunt's review which confirmed my assumptions. Trailer didn't even grab my attention. Plus, what's with the cheesy filler lines: "The first 12 hours of the financial crisis that changed history." I'll most likely pass on this one.

Jan 6, 2013

The formula that killed wall street:

http://www.wired.com/techbiz/it/magazine/17-03/wp_...

Jan 6, 2013
sneakyfox:

The formula that killed wall street:

http://www.wired.com/techbiz/it/magazine/17-03/wp_...

Nice pull. +1

Jan 6, 2013
Jan 6, 2013

Without getting into any specific details, I've actually been very familiar with this movie for quite some time now. Prior to production I had an opportunity to read the script and in my opinion, it was very good actually (would have made for a great book). Anyways, I didn't have an opportunity to see the cut that was screened at Sundance, however after purchasing the rights to the movie, Lions Gate may made it a bit more audience friendly (aka cleaned up / shortened it to be more in line with mainstream America's viewing habits).

On a side note, I recall after a few friends read the Wall St. 2 script, they were mortified over how bad it was (and we know how that turned out). So if the script is any indication (and after the studio massaged it a bit), it may turn out halfway decent.

Jan 6, 2013

They need to make a movie about John Paulson dominating.

Jan 6, 2013

Hollywood needs to give the crisis a rest. We get it. We all know what went down.

People who don't get it hated WS2 because it was filled with technical jargon and a typical hollywood plot line, and people who knew what happened were bored by it. This will have some phony little cheesy plot line as well. These movies don't make enough money or have enough fans because only a very small percentage of the population can understand and follow them.

That being said, I took WS2 for what it was and enjoyed the movie and I'll probably enjoy this one. But c'mon hollywood...inside job, wall street 2, now margin call? There will be an opinion or political view pushed. I promise

Thanks

Jan 6, 2013

I think they will do a Wall Street reality show next.

Jan 6, 2013
Flake:

I think they will do a Wall Street reality show next.

Wall $treet Wives is casting as we speak. True story.

Jan 6, 2013

I break Wall Street movies into 3 distinct categories:

1) Documentaries - These are straight-up, just-the-facts, here's what happened kind of movies. There are a ton of these, and many of them are very good. Inside Job is a recent one that I thought was great.

2) Docu-Dramas - These are dramatizations of things that actually happened. There are quite a few of these as well, and most are pretty enjoyable. They tell a mostly accurate story but they use Hollywood actors and ramp up the drama. Prime examples are Barbarians at the Gate and, most recently, Too Big to Fail.

3) Dramas - These are few and far between, and the decent ones are even more rare. They often have no basis in actual events, and just serve to entertain and tell a story. The gold standard here is probably the original Wall Street and Trading Places.

I'm hoping Margin Call is decent flick, because there has been a ton of dreck in the third category over the years.

Jan 6, 2013

I am NOT fucking with you. See #1 Bonus Banana from two weeks ago:

http://www.wallstreetoasis.com/blog/bonus-bananas-...

Jan 6, 2013
Edmundo Braverman:

I am NOT fucking with you. See #1 Bonus Banana from two weeks ago:

http://www.wallstreetoasis.com/blog/bonus-bananas-...

http://dealbook.nytimes.com/2011/07/29/wall-street...

Jan 6, 2013

Hahah I missed that one...thanks.

Jan 6, 2013

fcking double posts.

Jan 6, 2013

the movie categories was legit however the problem with the new wall street is that instead of making a totally new fictional story they tried to combine it with truthful recent events. While negatively viewed I found it entertaining.

Inside job was great. But again, they pushed a policy and very specific opinion very harshly: Regulation of the industry and salaries which gives a good documentary a bad after taste.

Haha where does Boiler Room fit in at?

Thanks

Jan 6, 2013
wbailey2:

Haha where does Boiler Room fit in at?

In the context of my career? Pure documentary.

Jan 6, 2013
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