Too Big to Fail
May. 22,2011 NRAn 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.
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Reviews
Great Film overall
It's fun, it's light, [but] it has a hard time when its tries to get heavy.
Let me be very fair here, this is not the best movie in my opinion. But, this movie is fun, it has purpose and is very enjoyable to watch.
The movie's neither hopeful in contrived ways, nor hopeless in different contrived ways. Somehow it manages to be wonderful
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.
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.
I just watched the too big to fail and i log on to IMDb for just vote then when i looking at the comments,there's a lot of criticism about Paulson's way of show.I didn't know even name of Paulson until the movie but i didn't describe him as a hero.Movie clearly telling the viewers 'What cause of the crisis?' and 'Paulson didn't do anything about that' (for the remind Paulson says:'because we did a lot of money)that's one part -coming crisis- but managing crisis is another part of the story.Movie tells us a very brief time -its starts a few days earlier of Lehman Brother bankruptcy ends with a congress decision about banks- i mean when system in the crisis.Let's say The movie showed Paulson as a great crisis manager,its very little thing if you can block the crisis before.Also early meeting scene 2 bank of CEO blaming Paulson with not understand the size of problem.Skip comments and Paulson.Movie has very smooth,understandable (even for me)language with a great cast and director of course it could be some minuses but in a 100 minutes its really hard to find a story tell better.Must to watch i think
As we start watching this film, that plays like a documentary, we are given an introduction as to what caused the debacle in the United States economy system prior to the demise of the powerhouse Lehman Brothers. The US economy almost collapse because of the same people that became obscenely rich while the party was going on, were reluctant in fixing the main problem, as well as their responsibility in creating what led to its almost collapse. Unfortunately, after all was said and done, things remained the same because even though the government, led by then Treasury secretary Henry Paulson, decided to inject cash for the banks to continue lending money to the industries and businesses that depended on it, the little people that did not have the power of the more powerful elite to continue operating were the ones that suffered the most. On a positive note, the figure of Warren Buffet, the oracle of Omaha, comes out as the most level headed individual of all. He is a humble man when it comes to show off his wealth. In fact, the film shows him as the simple, unassuming person that he is. It is humbling for someone like Hank Paulson to seek advice from this great man that had a clear picture about the excesses the men at the center of the story had committed.Curtis Hanson directed the HBO film, based on a novel of Andrew Ross Sorkin, with a screenplay by Peter Gould. The high financing world is examined by the filmmakers, trying to make sense about the fateful year of 2008. The best thing they achieved was the almost perfect match in the casting to play on the screen the principals involved in the story. The film requires a certain knowledge to follow the intricacies of that world, something that is not easily grasped by the general public.William Hurt shines as Hank Paulson, the man at the center of the storm. We watch him walking up Seventh Avenue in Manhattan looking at what was Lehman Brothers' headquarters. Others in the film are Billy Crudup as Timothy Geithner. Paul Giamatti playing the bearded, and somber, Ben Bernanke. As Paulson's Treasury team there are wonderful performances by Cinthia Nixon, Joey Slotnick, Topher Grace and Ayan Akhtar. Almost all the other actors have only limited time in front of the camera, but their collective effort is notable.