Margin Call Essay

718 WordsSep 20, 20123 Pages
J.C. Chandler’s 2011 film Margin Call examines the actions of an investment firm’s key decision makers during the earliest stages of the most recent financial crisis. Chandler does a good job with the characters of this movie he isn’t necessarily looking for a villain in a mess like this nor any lengthy explanations; he’s going deeper than that. He goes more for societal costs of high finance, the power of self-rationalization, and the easy embrace of personal corruption. The movie is filled with business lessons that go beyond the investment world. One theme of the film centers on business ethics and whether personal interest should trump customer/employee investment. Clearly, the decision made by John Tuld and senior management…show more content…
However, things such as stock options, pensions, bonus promises, and health care plans are simply paper assets. The promise that stands behind them can be broken and that paper is completely worthless at the order of those employers or in other words, blackmail. Ethics never loses its relevance. It must be told and retold as, too often, the important lessons that it imparts individuals and institutions unwillingly set aside. Ethical lapses can lead and have led to the irrevocable damage of a firm, its employees and clients. If there are any ethics in the business world, the company’s plan for survival is unethical. But in a world that lacks options, there is only winning and losing. Some of the characters struggle with the little emotional and psychological life they have left. But their choice basically comes down to money or no money. One thing that we must remember from this film is not just the ethical decisions made by the upper management but who is affected by these choices made by upper management. The most damaging fallout from all this is on those who didn’t see any of this coming, mostly the investors and the firm’s employees. Those who had the least involvement in all this mess are hurt the most in terms of financial losses. Even if it may seem like the employees’ participation was limited, they are nevertheless part of all of it,

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