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“Margin Call” Screen 2/20/12

8 February 2012

OFG, along with the Economics Department of SUNY Oswego, will be screening the 2011 Wall Street drama Margin Call on Monday, February 20 at 7 PM in the SUNY Oswego Campus Center. After the screening, we’ll be discussing the film, the investment industry it depicts, and the aftermath of the financial crisis.

The first feature-length film of writer/director J.C. Chandor, the film’s impressive cast includes: Kevin Spacey, Jeremy Irons, Stanley Tucci, Zachary Quinto, Paul Bettany, Simon Baker, and Demi Moore.

As the movie opens, people at the firm are being summoned to a glass-walled conference room and politely told to clear out. Among the victims is an uncomplaining risk-management executive, Eric Dale (Stanley Tucci), who, leaving with nineteen years of his life in a cardboard box, passes a flash drive to Peter Sullivan (Zachary Quinto), one of the young analysts. “Be careful,” he says. Staying late on the trading floor, and plugging Dale’s numbers into standard volatility models, Sullivan quickly understands: if the mortgage-backed securities currently on the company’s books, which are heavily leveraged, decline in value by an additional twenty-five per cent, the company’s losses will be greater than its total market capitalization.

“Margin Call” is one of the strongest American films of the year and easily the best Wall Street movie ever made. It’s about corporate manners—the protocols of hierarchy, the rituals of power, and, most of all, the difficulty of confronting flagrant habits of speculation with truth. (David Denby, The New Yorker)
Read more http://www.newyorker.com/arts/critics/cinema/2011/10/31/111031crci_cinema_denby#ixzz1losQy6AM

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