Thoughts?
Thoughts?
Fucking magnificent editing
The movie has a really shitty structure. It is essentially three different movies focused on the same event, and the characters from the different plotlines don't really interact with each other at all. They should have just picked one group of characters and stuck with them while fleshing them out and making them interesting.
Peak Goosecore. 9/10
The point was to show the crisis unfolding from different angles within finance.
The point was to show the crisis unfolding from different angles within finance.
In that case they would have focused on the losers of the financial crisis, all the people losing their jobs and savings and so on. Instead they chose three groups of winners, and the only thing that really connected them was that they were some of the few who got out ahead of time and made a lot of money off it.
I actually don't think it does a good job actually explaining the nuts and bolts, gimmicks and all. That said, I think the movie is pretty great.
I thought it did do a good job but I'm smart so whatever
one of the stupidest movies i've watched. i felt so insulted as a viewer watching this garbage. all those fucking lecturings.
If we're right, people lose homes. People lose jobs. People lose retirement savings, people lose pensions. You know what I hate about fucking banking? It reduces people to numbers. Here's a number - every 1% unemployment goes up, 40,000 people die, did you know that?
JFC. I felt my eyes roll over my head several times listening to this bullshit.
I thought the little examples with Anthony Bourdain and Margot Robbie were more distracting than informative.
The one with Bourdain is an effective and simple explanation that works to make the information accessible but there's absolutely no reason that stew metaphor needed such an attention grabbing cutaway. They do the same thing with Goose explaining CDOs to the hedge fund guys using Jenga and they didn't need to use a stupid cutaway to do it.
Here is another number, the us will be less than 50% white by 2035.
No exactly, like, yes the day old fish stew is an effective metaphor but I doubt those cutaways were effective to people who wouldn't have a clue.
i felt so insulted as a viewer
I felt my eyes roll over my head several times
You critique things like a sassy fag. Do you always talk like this?
i'm the guy handing you the award. bitch.
I think no one learned a damn thing from the financial fallout and toxic mortgages are more prevalent now than they ever were
they would have focused on the losers of the financial crisis, all the people losing their jobs and savings and so on
You mean the people who had no idea what was going on or why? Yeah that's a great perspective to tell the story from, you fucking retard
some wall streeters are le good!!!
fuck this movie. absolute fucking garbage. at least margin call didn't try to sugar coat any of it, they admitted they were all scumbags.
please explain to me about Goose and Brad Pitt character in this movie. What are their motives? And how did they make money out of it? Especially Goose, since his bank actually lost huge money
i'm the guy
the gay
It only scratched the surface
Did you not watch the part at the end where he's holding a check for $45 million?
Make you feel smarter than you are. Good flick.
yeah, but how?
Filtered
Margin call was better
nice trips. I've seen The Big Short the other day, then downloaded Margin Call but never got around to see it
Is it really better? They sound like completely different movies aside from the setting
it didn't seem all that big
I find it hard to believe if unemployment was 50% only 5 million people would die. The chimpouts alone...
Goose sold them the credit default swaps, he gets a massive commission when they default and pay out. Brad Pitt did it as a favour to some guys he liked and didn't make any money from the deal.
Brad Pitt did it as a favour to some guys he liked and didn't make any money from the deal.
Are you sure? I remember the loser guys only had a capital of 30m but they alongside Brad buy alot more than that in swaps throughout the movie, in fact a plot point is they have difficulty finding more swaps to buy
t.nepobaby
They had difficulty buying AAA rated swaps, but found infinity AA rated swaps because nobody else was going for them.
Margin Call: Reddit edition
ok but the point is they invest alot more than 30m, so Brad invested too, and also he keeps saying "we" when talking about the operation and its consequences
Probably they leveraged their AUM to high hell to buy those.
In the end they sold their swaps for $84 million so I doubt they needed to spend more than the $30 million they already had buying them up
He sells insurance policies and makes a commission on the sale.
brown hands typed this reply
Not as good as "The Small Long".
the small long
it's just a 5 minute clip of anon logging into his brokerage account and investing $100 into some random index fund
Kino...
How did they make so little being the only ones holding the AAAs with massive payoff bets?
Or did Brad stab them in the back by selling them so low? I remember the nominal value at the beginning of his pub's phonecall was like 200mil or more
The banks had also been buying swaps and betting against themselves, by that point Lehman Brothers had already failed and there was a risk that the swaps wouldn't even pay out so they had to sell them at substantially below the market value to people willing to risk it. Whoever they sold it to was betting $84 million that they might get $205 million, or they might have to fight it out in a bankruptcy court and get little to nothing, or they were just going to resell it to someone else who would give them more for them. I doubt they'd be able to figure out whether they made a good deal or not because of how quickly those securities were changing hands on that day.
But the Steve Carrell fund that sold even later than them in the day had no issues with that and made a ton more.
Bale had a much bigger ROI too.
ahhhhhh I can't focus on more than one subplot, I'm going insaaaaaane
I think their entire portfolio was $30m not what they invested into betting against the housing market
Steve Carrell and Bale were big dogs at proper institutions handling funds in the billion dollar range, they could take more risks and had the money and connections to ensure they got paid out, the brownfield guys were just a couple of schmucks who didn't even have an ISDA and weren't actually supposed to be doing what they did, which is why they needed Brad Pitt to do it for them. If their investment zeroed they'd have been fucked in the ass.
Yeah me too, I'm just saying it was definitely less than that so they didn't need outside investments.