Crypto world- Margin Call (2011)

Synopsis:

A financial company's management division head working on a major analysis is fired. His protege attempts to complete the analysis and finds out the true reason behind their financial downfall.

In a Nutshell:

Anxious, Gripping and Serious 

It is absolutely based on the culture prevalent in Wall Street investment banks at that time. It is realistic partly because of the director's personal experience, but he himself says it is not meant to depict an actual real-life firm.

Margin Call:

A margin call is truly a demand made by a broker for an investor to deposit additional funds into their margin account. The possibility of a margin call is one of the key risks of margin trading, a strategy that allows investors to purchase securities, such as stocks, with borrowed money.

What Exactly Happens:

It is a movie that chronicles the early stages of the 2008 financial crisis, where an investment bank faces collapse after taking on debts too large to handle – and has to make some tough choices under pressure to avoid going bankrupt altogether.

Margin Call Purpose :

It is usually an indicator that the securities held in the margin account have decreased in value. The investor must choose to either deposit additional funds or marginable securities in the account or sell some of the assets held in their account when a margin call occurs.

I think the movie is about how its characters are concerned only by the welfare of their corporations. There is no larger sense of the public good. Corporations are amoral, and exist to survive and succeed, at whatever human cost.

It happens when the percentage of the equity in the account drops below the maintenance margin requirement. At XTB, a margin call occurs when your margin level falls below 100%. A stop out is the act of closing, or liquidating, your positions. At XTB, a stop out occurs when your margin level falls below 50%.

I am not much into crypto but this was one of craziest movie i ever watched.I did Google many terms used in it and my Crypto knowledge was boosted as having the knowledge and Entertainment,What a better thing could be . 

I Saw this last night.It is Set at a Wall Street firm on the night in 2008 when the leaders realize that changes in the market will wipe them out if they don't immediately stop selling the products that have been making them all rich. The movie centers on the moral dilemma ,recognized by some characters but dismissed by others that they face in unwinding their positions, saving themselves but shifting the pain to others.

The movie finds a way to hold the mirror up to our civilization, showing how we are all complicit in a collective dream(one character says at one point, in response to another who says he feels like he is in a dream. Funny, hehe,it seems like I just woke up).

The dream is the illusion of easy, risk managed wealth that the financial markets manufacture, again and again, since the emergence of capital markets 200 years ago, until the illusion morphs overnight into a panic. Reality intervenes, fear takes over, and the survivor is the guy who first reaches the lifeboat. So there are no villains in this movie, just people, richly drawn, beautifully acted characters realized by some of our best actors who relish the opportunity to show what they can do given a killer script and enough screen time between lines to actually be the people they are portraying. 

Some Reasons that are Central to the movie's success:

 1) It gets across the essence of what is going on in the financial markets without bogging us down or dumbing it down.

2) finding a moral question that can be resolved in a night, yet which is nevertheless a perfect allegory for the whole set of moral questions raised by an economy that works the way ours does, rewarding false confidence, recklessness, and deceit as often as industry, skill, and integrity.

 3) The placement of young, innocent but perceptive characters at the center of the drama, who function as our eyes and ears, who are like stand-ins for all of us who weren't there, at the heart of the dream machine, when the latest fantasy of easy wealth was exposed as a collective delusion .

4) It really gets the trader ethos and manners. they are a kind of warrior caste, foul-mouthed, impulsive, deeply selfish, surviving by their ability to outplay their counterparts, and yet living by a warrior code that sets boundaries on what they will and will not do to one another (having spent three years on Wall Street several panics ago, it rang as true as any movie I have seen on the subject)  It's like Mamet, except you don't have to work as hard to figure out what everyone's up to.

If you like series, suites, and office dramas, this is the same, but much more polished. Not only is the film's cast great, but most of the actors' performances are also very good. Despite there being very little direct character building, everyone is able to just pay the bills where they're coming from. These are short conversations and little incidents that help you understand who they are and what they've been through.

No fancy exposition, no real gimmicks, just smart script writing and full-throttle performances. Plus, I've rarely seen a cast work as well as they do here. Everything is out of place, but at the same time, you're in the team (and that's usually the case). Everyone takes care of themselves and the team at the same time. No chivalry, no excessive sacrifices, just business. 

It's definitely a thrilling adventure and perfectly captures the stress of a devastating situation like a financial crisis.