Reel Lessons

Reel Lessons: Margin Call

The kids occupying Wall Street don’t understand how bad the crisis was for bankers. At last, a movie puts the record straight.

What’s a “margin call”
That’s when your broker calls and asks for more money on account of your rapidly mounting losses due, in your case, to a series of spectacularly ill-judged investments in exotic southern European debt instruments.

Ah, you mean the day I had to sell the Maserati
The “Maser call”, yes. Who knew that Greece could write off half its debt without triggering a payout on its credit default swaps
My thoughts exactly.

So what’s the movie about
It portrays 24 hours in the life of an investment bank during the height of the financial crisis in...

¬ Haymarket Media Limited. All rights reserved.

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