Margin Call" is one of the best movies of 2011. It's also the movie anyone might need to see who wants to make solid sense of the thus-far less-than-focused aims of the sudden Occupy Wall Street eruption and its national and international brethren.
CHICAGO (Reuters) - DBS Partners, one of the biggest market makers in S&P 500 Index options, was shut after failing to meet a margin call from Goldman Sachs, according to people familiar with the situation. Goldman, DBS's clearing firm at the Chicago Board Options Exchange, auctioned off part of DBS's position on July 1. The underlying value of the position was in the hundreds of millions of dollars, the sources said.
Maybe it went down something like this. The day begins with the march of the downsizers -- those "consultants" hired by big businesses to come in and do the dirty work of laying people off. Maybe one of the guys they cut (Stanley Tucci) is in charge of "risk management," and maybe he's been working on something. If he's a loyal soldier, and somebody dependent on his severance check clearing, he alerts an underling (Zachary Quinto).
MIDNIGHT IN PARIS (2011, Sony, PG-13, $30) -- On a late-night stroll through the City of Lights, budding novelist Gil Pender (Owen Wilson) takes an unexpected detour into the 1920s. Soon, he's palling around with idols Ernest Hemingway (Corey Stoll), F. Scott Fitzgerald (Tom Hiddleston) and Gertrude Stein (Kathy Bates) and courting a bewitching artists' model (Marion Cotillard). Woody Allen's latest is lightweight compared to his best films but from the sun-kissed cinematography to Wilson's wide-eyed performance to the lovely re-creation of Paris in the '20s, there's more than enough magic to go around. Extras: making-of featurette. MARGIN CALL (2011, Lionsgate, R, $20) -- Set during the first 24 hours of the 2008 financial crisis, J.C. Chandor's riveting Wall Street thriller begins wit...
On the heels of Duncan Jones' successful release of the movie "Source Code" last spring comes another motion picture from a College of Wooster graduate. Jeff "J.C.'' Chandor, who graduated in 1996 (one year after Jones), has written and directed "Margin Call," which is scheduled to open on Friday. An independent film starring Kevin Spacey, Demi Moore, Jeremy Irons, and others, "Margin Call" is a drama based on the start of the financial meltdown in 2007 and its impact on a variety of employees at a Wall Street bank. "It's a dream come true," said Chandor about the movie. "I've been working toward that end for 15 to 20 years.
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