6 ms·
While clearly not all of Hollywood portrays the industry accurately, from my perspective the movie was incredibly reflective of the players in the space, and th
by TuringNYC 6y ago
While clearly not all of Hollywood portrays the industry accurately, from my perspective the movie was incredibly reflective of the players in the space, and the dynamics.
I worked in the mortgage/CDO/CDS industry for 10yrs during that period (2005-2015).
If anything, the movie was too positive. There aren't as many players like Steve Carell's character who are worried about the world, they are usually worried about how to liquidate their book at the right time.
The bit about getting marked the wrong way was especially spot on.
Another very accurate movie: "Margin Call"
- pc86 6y ago> Another very accurate movie: "Margin Call" Jeremy Irons is fantastic in this film. The entire board room scene is amazing.
- TuringNYC 6y agoThe distinct personalities in the movie also perfectly represent the typical archetypes in these situations and firms.
- harryh 6y agoOne of my answers for "Best scene about a meeting in film" (a super fun question).
- toomuchtodo 6y agoFor those who haven't seen this masterpiece. https://www.youtube.com/watch?v=Hhy7JUinlu0 https://www.youtube.com/watch?v=Hhy7JUinlu0
- dakna 6y agoI recommend 3 movies to every family member willing to deal with financial topics as a form of edutainment. The Big Short and Margin Call are two of them. The 3rd one is 99 Homes. The key line is: "Don't get emotional about real estate." What is sold as a place for family memories for some, is just another asset class for others.
- harryh 6y agoToo Big To Fail is also quite good and the third leg of my personal "Great Recession Trifecta." https://en.wikipedia.org/wiki/Too_Big_to_Fail_(film) https://en.wikipedia.org/wiki/Too_Big_to_Fail_(film)