There are many films that celebrate money. People find money, make money, and even steal money. Movies about losing money are less popular for obvious reasons. Who wants to think about it?
10 Fascinating Economic Collapses Through History
There were many documentaries about the economy. From these reputable documentaries with lots of graphics that show downward movements and long tracking shots from quiet streets to reality TV shows like The Queen of Versailles, which follow the construction of a manor house by a lavish wife and husband, whose business is on the verge of one Disaster stands, which makes compulsive viewing. Like a car accident in slow motion.
Great films about losing money are much rarer. But here are 1
Maybe not one of the greatest films in the world, after all, Kris Kristofferson won a razzie for the worst actor for his role as president of a bank. Jane Fonda plays the widow of a chemical company owner whose husband died suddenly after discovering a secret slush fund with the “sinister” account number 21214.
Kristofferson's bank is doing badly. So bad, indeed, that if he doesn't find a single customer with a lot of money to invest, he'll go bankrupt. It doesn't seem to occur to them that if many customers invest a small amount, they could achieve the same goal, but hey.
In walks Fonda. If they can only get their hands on the secret slush fund, they will both be saved. There is a lot of nonsense about finder fees and other pseudo-financial garbage that makes us think that the screenwriter might not know that much about the financial world.
When the couple traveled to the Sahara to negotiate, our suspicions were confirmed with some Bedouin financial investors. Already in 1981, millionaire sheikhs had telephones and held meetings in offices.
The film's real interest is in gold. The secret slush fund is actually a huge big heap of gold that is hoarded against the possibility of a financial breakdown. When its existence is released, people around the world begin to scold when they discover that their money is now worthless (OK, this connection is not very clear in the film and the currencies of most countries are actually not tied to gold). But the scenes of the collapse of civilization are interesting.
The last scenes make it worth the effort. We see Fonda's chemical plant idle, its workers laid off, and Kristofferson's bank the same. And this is reflected around the world as the disaster of financial collapse rolls across the world like a sandstorm in the Sahara.
9 Rogue Trader
Thirteen years before the global financial collapse, a single trader gave the financial world a taste of what was to come, and like all disasters, history was turned into a movie. Rogue Trader played Ewan McGregor as Nick Leeson, a derivatives trader for one of the oldest banks in the world.
Leeson is the manager of her arm in Singapore, where no one really checked what he was doing.
Or how much he was losing. Which was a lot.
He viewed the stock exchange as "a huge casino". After a first winning streak, Leeson began losing money and hiding the losses in a secret account.
And nobody noticed. Until the bank fell 830 million pounds and the bank went bankrupt, almost overthrowing the London Stock Exchange. The story was gold dust, but the film was not well received and lost a lot of money like its subject.
8 Boiler Room
"Anyone who tells you that money is the root of all evil has none". So says Ben Affleck, who runs his own brokerage firm JT Marlin. For real?
Giovanni Ribisi is the inexperienced new trader who is attracted to the promise of simple money.
The brokers are all young and ambitious. You can quote all the lines from Wall Street and see Gordon Gekko as a role model. After selling shares and enjoying the loot for a while, Ribisi senses that something is wrong with JT Marlin. Except for the name.
The company uses sharp practices to increase demand for penny stocks. They even found fake companies and also sell shares in them at inflated prices.
Ribisi finally realizes that real people are hurt by their scams when he persuades one of them to invest his meager savings in stocks that fuel up. He begins working with the FBI to bring Affleck and his company down, copy all of their files, and in a small act of reconciliation, persuades his boss to repay the investor Ribisi had betrayed.
The film showed how exciting the world of finance can be if everyone makes money.
And why, when there is so little control over what they do, some people don't know where to draw the line.
This film is the original "Wolf of Wall Street", whereby both films are loosely based on the life of Jordan Belfort.
7 Margin Call
Margin Call tries to give Wall Street a human face. It's probably fair to say that the final film doesn't quite meet the requirements. It follows a fictional company over the course of a single day and shows how their actions triggered the crash when dumping their stocks.
Stanley Tucci, a risk manager, is released and continues to worry about the impending financial crisis on the way to the door. Jeremy Irons plays the bank's CEO, who decides to cut and run.
At the emergency committee meeting, Irons says, “There are three ways to make a living in this business. Be the first, be smarter or cheat. “As a banker and not a criminal, they choose option 1. Irons orders its employees to sell their shares, which triggers the stock market crash.
Kevin Spacey as COO makes a big speech to his brokers just a little hard to swallow. He was "very proud" of the work of his brokers, who "spent part of their lives making money". Or, as Spacey put it, "our talents were used for the common good"
. In fairness, his dealer looked devastated by the impending global financial collapse, at least until he promised them a million dollar bonus if they managed to load their worthless stocks on unsuspecting jewelry before the markets entered .
Stanley Tucci heroically returns for last day's trading day to say, "I told you so" and negotiate hard on his severance package. Kevin Spacey is disgusted with the behavior of his company and devastated by the effects of corporate greed, but in a touching moment of real pathos he is finally persuaded to stay in his very well paid job because: "I need the money".
6 99 houses
Most of the films about the financial crash are about Wall Street and the money earners, which is understandable. 99 Homes looked at the situation from the other end – all the people whose houses were taken back when the real estate bubble burst.
While the Wall St films were all frenetic energy, champagne, and billion dollar deals, 99 Homes looks at what is desperate. People will do to put food on the table and have a roof over their children's heads. Andrew Garfield is the first buyer to lose his house after he is released.
The real estate developer who drove him out plays with cool cold from Michael Shannon and offers Garfield a job in which 99 other people are driven out of their homes.
And Garfield sold his soul to the devil and drove out his neighbors until one of the neighbors fought back.
99 Homes is not a feel-good film, but gives the subprime a human face as a mortgage scandal.
10 famous props and the actors who stole them
5 Too big to fail
What would the government do if banks failed? This was the premise of Too Big to Fail, the story of the US Treasury's response to the 2008 financial collapse.
Actors William Hurt as Treasury Secretary and Paul Giamatti as Federal Reserve Chairman trying to save the world Gucci suit.
(Spoiler: you failed)
If Hurt and Giamatti are the superheroes, who are the bad guys? Well, there is James Woods, who plays Lehman Brothers CEO Richard Fuld, who refused to acknowledge the end of the world and who continued to push until the collapse. In an agonizing scene, the Lehman brothers' employees try to keep Fuld off the negotiating table while working with a Korean consortium to fund a buyout just to make Fuld crash and try to raise the price.
The Koreans left, and Lehman folded.
The film had a good chance of making the difficult subject of finance interesting. It's not easy to bring drama into an essentially endless round of meetings, and there are a lot of shots of men in suits walking through corridors, but the film even manages to convey the seriousness of the financial situation when it does not quite able to explain how we got there.
The end of the film contains a warning when William Hurt points out that the billions of dollars in bailout funds are simply being given to the same people who caused the crash, with no restrictions on how they will use it. Which is worrying.
Even more worrying, according to the film, the top 10 financial institutions in America now hold 77% of US banking assets due to post-crash mergers, which makes them fail again.
And don't even let me start with the massive rescue plan that Congress and the Senate have just passed under the guise of rescuing from the corona virus.
4 Wall Street (1 and 2)
Gordon Gekko made finances sexy on Wall Street. The Oliver Stone film captured the zeitgeist of "Greed is Good" in the 1980s. The film, with Michael Douglas as an experienced financier, Gekko and Charlie Sheen as Bud Fox, a newly qualified stockbroker who is not yet familiar with the stock market, examines how Wall Street often blurs lines and exchanges inside information to form lines of its own Bags.
In a ridiculously naive step, Bud persuades Gekko to buy an airline and hopes that the famous corporate destroyer will expand this company and make Bud its new CEO.
Gekko breaks it up and sells it for parts. Which is a bit awkward for Bud because his father works there.
Although both Gekko and Bud are arrested for insider trading at the end of the film, the film's continuing message was indeed that greed is good. and many stockbrokers later named the film as the reason for their funding.
Oliver Stone took another look at Wall Street almost 25 years later and focused on the stock market crash. Gekko, who has now been released from prison, lives on the warning of an impending economic disaster. He is a changed man.
And Shia LeBeouf is the new stockbroker. You can see where that is going, right?
The sequel didn't capture Wall Street's spirit when it crashed as well as it did in the champagne and cocaine years, perhaps because of remorse
] Gordon Gekko just didn't play well, but without Wall St there wouldn't be a list of films via Wall Street in full, so we included the sequel just so we can record the original.
3 The Damned
La Caduta Degli Dei (The Fall of the Gods), also released under the title The Damned, was a rather strange Italian-German film from 1969 in English about a rich industrialist Family who, despite their opposition to the National Socialist ideology, does business with the Nazis. After a murder and arrest, the family business is passed on to relatives with even less scruples.
The film shows the incestuous relationship between business and politics as well as some other types of incestuous relationships and how control over one can affect the other.
It also shows how narrow the gap between success and disaster is. In just a few months, the family will go from wasteful, not-too-excessive life to losing their home, business, and even their lives.
This film shows better than anyone else the transition from life under a failed bankrupt Weimar Republic to the powerful Nazi state. Director Luchino Visconti masterfully illustrates this through the central figure Martin, who begins dressed in drag-performing burlesque and ends in a full Nazi uniform that holds the Heil-Hitler salute.
If you are wondering where our society today is on the scale from Weimar to Nazidom, the answer can startle you.
2 The Big Short
The Big Short, undoubtedly the best film about financial collapse, focused not so much on what was done to prevent the collapse but how we got there. It manages to explain complicated and rather boring financial concepts in an ingenious way. Like Margot Robbie, who drinks champagne in a bubble bath and explains what a subprime mortgage is. "When you hear" subprime "you basically think" shit "."
There are many bad guys in this film, but very few good guys. Steve Carrell plays Mark Baum, a fictional character based on Steve Eisman, the man who cut collateralized debt obligations (see Selina Gomez on the blackjack table for explanation), or Michael Burry, played by Christian Bale, who realized early on that the market is unsustainable and bought credit default swaps as a result.
But both benefited from the collapse, so difficult to imagine them as real superheroes.
The film is quite entertaining for a financial film and has dozens of appearances, including Brad Pitt as a bearded dealer. Guru who passes on his old financial wisdom to the young blood relatives. It won an Oscar for the best-adapted screenplay and was nominated for Christian Bale for Best Film, Best Director and Best Supporting Actor.
Which is not bad for a film about mortgages.
1 The Grapes of Wrath
Long before the bank collapse in 2008, there was the Great Depression. John Steinbeck wrote the defining novel of the era, The Grapes of Wrath, which was turned into a film by John Ford in 1940. The film was less dreary than the novel and tried to end with a note of hope when Ma Joad said, “We are the people who live. You can't wipe us out, you can't lick us. We will go on forever, Pa, because we are the people. "It blew a whiff of the wind.
I swear I'll never be hungry again.
Despite its rather optimistic ending, the film in which Henry Fonda starred as Tom Joad is still not considered Just one of the best films about economic depression, but one of the best films of all time.
In a brilliantly precise statement, an "agitator of work" explains why bosses encouraged mass migration to join the California workforce. "Maybe he needs 1,000 men so he gets 5,000 there and he pays 15 cents an hour and you have to take it because you're hungry. "
The film won the Oscar for Best Director for John Ford and was nominated for 6 more.
10 Movies You Didn't Know Made In The Wrong Places
💰 Write for Listverse and Earn $ 100! Here's How …