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Rogue Trader
Rogue Trader tells the true story of Nick Leeson, an employee of Barings Bank who--after a successful trading run--ends up accumulating $1.4 billion in losses hidden in account #88888.
Release : | 1999 |
Rating : | 6.4 |
Studio : | Granada Productions, Newmarket Capital Group, |
Crew : | Art Direction, Art Direction, |
Cast : | Ewan McGregor Anna Friel Nigel Lindsay Tim McInnerny Irene Ng |
Genre : | Drama History |
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You won't be disappointed!
Redundant and unnecessary.
This is a coming of age storyline that you've seen in one form or another for decades. It takes a truly unique voice to make yet another one worth watching.
The movie's neither hopeful in contrived ways, nor hopeless in different contrived ways. Somehow it manages to be wonderful
Rogue Trader I thought was done well from the perspective that it told the story, it highlighted the important events that occurred, and it explained financial terms to viewers who do not have a financial background. As a student of finance and economics, I thought the film to be informative, not overly flamboyant (like Wolf of Wall Street), and therefore entertaining. I would recommend this movie to anyone interested in trading or the financial markets, as a story of the ramifications of one's actions.
If you're into stock trading and if you've read Nicholas Leeson, it might help you enjoy this movie. If you're not, you might need to view a couple of times before the story grows on you.I'm still not sure how I can summarize best the story for you: Ewan McGregor plays Nick Leeson, a stock trader for England's Fairbank is given a mission in New Delhi. He builds up a team with people who know nothing about stock trading and together they'll play with the Nikkei. As they're "playing", mistakes are made by Nick's team and he wants to cover them up by opening up an account called "88888". Soon, he'll start gambling with the bank's own money. Unfortunately, the losses grow bigger and bigger until the bank goes broke.Since there is no real action, and it's really told like a story and not like a movie, you really have to rely on the actors' skills to appreciate the movie.
Unlike compelling stories of high finance and crime in films like the Thomas Crown Affair and Rollover, Rogue Trader purports to be the true story of Nick Leeson, a stock trader whose speculation brought down Barings, England's oldest bank. McGregor portrays Leeson as a charmer white collar criminal who ended up sentenced to six years in a Chinese prison for insider trading and fraud. Diagnosed with cancer, Leeson wrote his memoirs and low and behold it became a film.Always a solid performer, Ewan McGregor plays the self-absorbed, arrogant Leeson with his usual competence and energy. Anna Friel is his in the dark wife who yearns to be pregnant but can't interest her husband away from the trading floor. This is story of greed, larceny, and speculation on a grand scale. The film was never released in theaters but went straight to Showtime and has now been released for home sale. Skip it and rent it. Good acting, good story, but not a very compelling item for collectors of McGregor's work.
If like me, the S&L[1], insider trading, and Enron[2] scandals intrigue you, and you desire to see a dramatic and fairly factual treatment of what makes these things go bump in the night, then this is for you.It is not hard to figure out why The Great Financial scandals are overlooked by Hollywood. The tales are not only apt to get so bogged down by confusion and spin, but the threat of lawsuit and small box office[3] means the double whammy effect is on, so of course would never get greenlighted.As it stands, the makers of Rogue Trader give it the dramatic treatment it needs to please a high-finance numpty like myself, more interested in the drama of it all, and kept me interested to the end. It (thankfully) never bogged down in exposition, trying to explain the intricacy of it all. Deft.Playing fast and loose doesn't excuse Nick Leeson from being the sole agent of doom for Barings, and his crime is not molly-coddled here. You understand what propelled him. You also might find yourself wondering if the checks and balances which failed to catch his back room shenanigans are are also lacking here, in the over regulated and under staffed U.S. commissions (Helllooooo SEC!). Talk about scary!And to top it all, this film was in video stores long before Enron imploded.To sum up, quite a nice thriller, and not a chainsaw or Münch-mask in sight. Recommended.Dotacion1. Neil Bush could find himself in the limelight 2. As well his more powerful brother 3. Rogue Trader was not released theatrically in the states, to the best of my knowledge.