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Too Big to Fail
An intimate look at the epochal financial crisis of 2008 and the powerful men and women who decided the fate of the world's economy in a matter of a few weeks.
Release : | 2011 |
Rating : | 7.3 |
Studio : | Spring Creek Pictures, Deuce Three Productions, HBO Films, |
Crew : | Assistant Art Director, Construction Coordinator, |
Cast : | William Hurt Paul Giamatti James Woods Billy Crudup Topher Grace |
Genre : | Drama TV Movie |
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Reviews
Very well executed
Powerful
Good films always raise compelling questions, whether the format is fiction or documentary fact.
One of the most extraordinary films you will see this year. Take that as you want.
What I don't understand is, why the movie followed the Treasury Secretary? Why didn't it follow the Federal Reserve Chairman? Why did it show the Treasury Secretary talking and working with the Federal Reserve Bank of New York? Why Wouldn't the Federal Reserve Bank of New York's boss, the Federal Reserve Chairman, talk to and work with him? Also, the Federal Reserve Chairman spent his academic career studying the (previous) Great Depression. He would have the best understanding of what to do.
There were portions of this movie that felt like this was a graphic novel adaptation of real events. The way some of the characters acted seemed far from realistic."Was it interesting?" For an explanation of the bailout from the inside out, this did well to explain everything. The few times when characters would summarize what has happened to someone were helpful but really out of place. These uninformed people really didn't understand everything that was going on or just how to explain it to the public? 2 out of 3."Was it memorable?" The actors did a great job impersonating their roles. The story seemed a little far fetched though.1.5 out of 3."Was it entertaining?" The movie did build suspense, and I never felt bored. Nothing jumps out either bad or good.1.5 out of 3.Starting with 1 (because of regulation), 1 + 2 + 1.5 + 1.5 = 6 A decent sit, but not one I will go out of my way to see again. William Hurt's performance actually had some emotion. Don't see that too often.
The kind of movie I want to like, but the facts kept getting in the way.So, it's fiction? No, not really, every real person is precisely identified, right down to using actual names and screen labels. So, it's a docudrama? No, not really, otherwise Hank Paulson would not have been the central character, played by the fine actor William Hurt, nor cast in any role even faintly resembling the financial savior of our Country. Don't believe me? Then watch the real Senate hearings with the real Paulson, and his constantly changing ready-fire-aim approach while still posturing for Wall Street after arriving late for his sworn job of bank regulator. If the real facts interest you, watch "Inside Job", which tries to shine some light on this massive corruption at the highest levels and the looting of the American Treasury.But if you want to see good actors re-enact just how close we came to rending forever the financial fabric of this Country, while playing high stakes "Let's Make a Deal", this movie will git er done. Matter of fact, with real, official Washington openly throwing around terms at the time like "financial meltdown", one can only wonder what kept it from happening. Wait! I know! John Q. Taxpayer stepped up with $700 billion, later reduced to $475 billion, so that the Wall Street Wizards could continue funding golden parachutes and outrageous salaries. -------------------------------------------------------------------- From the movie, and in reality very close to what happened: "Michele Davis: They almost bring down the US economy as we know it but we can't put restrictions on how they spend the $125 billion we're giving them because... they might not take it!"The Assistant Secretary of the Treasury for Public Affairs upon hearing that the nine bank CEOs may refuse to take free money from the federal government if they had to be held accountable for how they spent it". ------------------------------------------------------------------ BTW, the real Ms. Davis is now Global Head of Corporate Affairs for Morgan Stanley . . . you really can't make up stuff like this.
The movie itself was put together very well following the chronicles of the fiasco that unfolded during the credit crunch. Where it went horribly wrong is by humanizing Hank Paulson. Making him seem vulnerable and genuine and sincere. It has recently been published that Saint Paulson tipped off 20 or so hedge funds about the coming collapse so they could unload their positions. And this film is attempting to portray him as the victim and the hero and laud him with applause for working so diligently on this problem. His colleagues at Goldman cleaned up on the CDS contracts betting on the inevitable crisis they knew was coming. James Woods did a very good job at making Dick Fuld's loathsome character believable, though.