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Why 'Margin Call' remains Wall Street's favorite movie

44 points| jmsflknr | 10 months ago |semafor.com

28 comments

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[+] snowwrestler|10 months ago|reply
One of the subtle ways in which this movie is so great is that it starts off as the story of a whip-smart junior person who discovers a shocking surprise... but as the movie goes on, it becomes clear that this was actually a risk that senior folks had already suspected and argued about, possibly for years.

By the second or third time watching it, I realized how much of the boardroom scene is kabuki theater. The CEO makes people get up and say their parts not necessarily to learn new information, but to milk the moment and bring everyone through a thought process. I think he knew what he wanted to do before he walked through the door. But he needed everyone else to understand the problem and believe in the drastic solution.

[+] adeon|10 months ago|reply
I feel a little stupid for asking... but what does "kabuki theater" mean in this context? Do you mean the CEO in the scene sort of "acted a rehearsed show" in a meeting to make sure everyone in the room followed through some thought process? Or maybe in other words (guessing meaning): making people get up and talk to force them to think through something (CEO's real goal), but the CEO framed it as him simply asking questions? (I have not seen the movie or the scene, apologies if the meaning is more obvious to infer if one has seen it).

I tried googling it but I get some movie theater in San Francisco and a Wikipedia page describing it as a Japanese theatre with dancing and elaborate costumes and flair. I've not seen it used in an expression before.

[+] xfactorial|10 months ago|reply
Consider the plot and consider it is loosely based on real events.

Also: it’s a highly quoted movie on YouTube where copyright has not been strictly enforced.

Every part of it is a specific area of the business: the lay offs, the move forward after them, the analyst crunching the data, the gathering after his discovery, the communication, the meetings and the decision making.

All of it from the perspective of a financial institution, knowing what we know: I wonder what would have happened if that movie happened 15 years before the crash and the public perception of the content (probably dismissed as “too Hollywood”).

[+] Rzor|10 months ago|reply
It's also a phenomenal movie.
[+] keiferski|10 months ago|reply
I think Margin Call is my choice for a “perfect” movie. It isn’t the most exciting, or impressive, or dramatic, or ___ film, but - it has absolutely no filler, every line of dialogue is exactly the right combination of explanatory and realistic, and the casting is incredibly spot on, especially considering that it’s an ensemble cast of big name stars. That’s as close to perfection as it gets IMO.
[+] jmcguckin|10 months ago|reply
This is a great movie. Spacey is great but Jeremy Irons is fantastic. I really like the speech where he says "Speak to me like I was a golden retriever."
[+] ksec|10 months ago|reply
Margin Call - The traders perspective

The Big Short - Banking, investor, hedgefund perspective

Too Big to Fail - Government perspective

Most of my friends dont like any of the these. Even those who somehow got through them liked Big Short most.

For me Big Short is the last on that list. Margin Call being first by a long short and then Too Big to Fail.

[+] kristianp|10 months ago|reply
I enjoy The Big Short more for it being a story about how dysfunctional the housing market had become.
[+] Seanambers|10 months ago|reply
Margin Call hits the spot without becoming overly pompous like The Big Short. Its story is centered around Goldman Sachs.

And make no mistake Wall Street gambles full well knowing that the government will save them - Steve Bannon was right on the spot about that.

[+] sylens|10 months ago|reply
It's a fantastic movie and Irons puts on a masterclass. I don't think I've seen Zachary Quinto in anything recently - seemed like he was huge in the early 2010s, going from Heroes to this to Star Trek
[+] Rastonbury|10 months ago|reply
Wall Street is better imo, it is just relevant to the times of GFC versus the corporate raiders of the 80s
[+] sometimes_all|10 months ago|reply
I also enjoyed Too Big to Fail, which was the perspective from the Fed and the big bank CEOs point of view.
[+] lapcat|10 months ago|reply
This is no surprise, because people watched Oliver Stone's 1987 "Wall Street" and took home the message "greed is good". Michael Douglas played his part all too well.
[+] ManuelKiessling|10 months ago|reply
I‘m no expert in this area, but isn’t it by now an agreed-upon insight that a society of people working towards selfish interests end up unintentionally bettering circumstances for the society at large?