Sunday, August 19, 2012

Margin Call

I've watched the movie Margin Call a couple of times, and found it quite engrossing.  It's been suggested that the company to which all the principal characters belong is a fictionalized version of Lehman Bros, complete with a CEO whose surname is very similar to Dick Fuld, the guy who oversaw the collapse of Lehman.  However, it is left uncertain at the end of the film whether the firm will go under, or whether, in fact, they may have saved themselves with their ruthless divesting of toxic assets.

In any case, one of the scenes that has really stuck with me is a monologue by Stanley Tucci's character, risk analyst Eric Dale, in which he describes to a former colleague the consequences of a bridge that he built in an earlier career as an engineer.  I guess I found it affecting because it seems to so perfectly capture the contrast between practical, real-world accomplishments on the one hand, and the endless churning of commoditized products by the financial sector on the other hand.  And guess which one always makes you richer.

Anyway, here's the clip.  Enjoy!


No comments:

Post a Comment