Saturday, December 10, 2011


MBS is a mortgage-backed-security that represents a claim on the cash flows from mortgage loans.

Penn Badgley: Junior employee Seth Bregman
Zachary Quinto: Junior Risk Analyst Peter Sullivan
Paul Bettany: Senior Trader Will Emerson
Stanley Tucci: Peter’s boss, mid-level executive Eric Dale
Kevin Spacey: Will’s boss, Head of Sales Sam Rogers
Demi Moore: Head of Risk Sarah Robertson
Simon Baker: The Firm’s C.O.O. Jared Cohen
Jeremy Irons: C.E.O. John Tuld

In the span of 24 hours we witness the inside workings of a large investment firm as some key employees discover back in 2008 what they have on their hands: what we now know as toxic assets. I can’t be sure how factual it is but it sure rings true.

And you don’t have to be an investment wiz to understand what is taking place. Not wanting to confuse the situation the chief executive officer asks them “to speak in simple terms” so he can understand the problem. The rest of us can benefit from that as well.

As usual Kevin Spacey puts in a believable performance and young star Zachary Quinto does an even better job but Jeremy Irons outshines them all. It is probably his best performance ever. And that’s saying a lot.

for coarse language.

No comments: