Gold (2016)


They may be in the middle of nowhere but at least they have a good pot of coffee.

They may be in the middle of nowhere but at least they have a good pot of coffee.

(2016) Adventure (Dimension) Matthew McConaughey, Edgar Ramirez, Bryce Dallas Howard, Corey Stoll, Toby Kebbell, Bill Camp, Joshua Harto, Timothy Simons, Craig T. Nelson, Stacy Keach, Macon Blair, Adam LaFevre, Bruce Greenwood, Rachael Taylor, Frank Wood, Michael Landes, Bhavesh Patel, Vic Browder, Dylan Kenin, Stafford Douglas, Kristen Rakes. Directed by Stephen Gaghan

 

A wise man once wrote that “all that glitters is not gold” but gold does glitter and its pull on some men is irresistible. It is the lure of riches and fame but also of conquering the odds. Not many who go looking for gold actually find it.
Kenny Wells (McConaughey) is once such. His company – the Washoe Mining Company that he inherited from his respected and revered dad (Nelson) and which had been founded nearly 80 years earlier by his granddad – is foundering, a once-thriving organization doing business out of a bar and down to a few loyal employees who hadn’t been paid in months. The economic downturn of the 80s has hit Washoe and Kenny hard. As it turns out, Kenny is a bit of a carnival barker, trying to get funds from disinterested local bankers to take one last stab at the dream. While his girlfriend Kay (Howard) remains loyal and believes in him, things look pretty bleak for Kenny Wells.

Then he discovers the largely discredited theories of Michael Acosta (Ramirez) who had discovered a sizable copper deposit years earlier. A rock star among geologists at one time, Acosta is also on a downward spiral. However, Acosta believes there is a major gold deposit in one of the most remote areas of Indonesia.

At first, things go badly. Kenny has sunk every last dime he has and what little he is able to borrow into the venture. To make matters worse, he’s contracted malaria and nearly dies. Acosta nurses him back to health and even as the miners (who also haven’t been paid) have left in droves, the patience pays off as gold is discovered and not just a little bit – billions of dollars worth. Kenny and Michael have just hit the big time and for Kay, her ship has just come in.

Immediately as word spreads of the small company’s find spreads, Wall Street sharks begin to circle in particular in the form of Brian Woolf (Stoll) who is all smiles and white teeth but means to wring every penny out of Washoe that he can. It looks like easy pickings, too – Kenny’s drinking, always a problem for him, has reached massive proportions. He also smokes like a fiend and is paunchy and sometimes he’s not all together mentally speaking, or at least so it appears.

But Kenny proves to be cannier than people give him credit for. The small time operator has a few tricks up his sleeve as he fights to protect what he worked so hard to obtain. And for awhile, it looks like he might succeed until a bombshell drops that threatens all he has earned – and then some.

This is loosely based – VERY loosely – on the Bre-X mining scandal of the 1990s. For one thing, that took place in Canada rather than in Nevada and led to some major reforms on the Canadian stock exchange as well as in mining practices. The investigation also overwhelmed the Royal Canadian Mounted Police who simply didn’t have the resources to investigate the scale of corruption that took place so there were never any charges filed.

Otherwise most of the salient facts that are shown here jive with what happened in Canada back in the 1990s. Some of the characters here were based on people who were involved in the real case (primarily Wells and Acosta). Otherwise, this is mainly a yarn about greed and dreams.

McConaughey went the “de-glamorize” route, wearing a set of crooked false teeth, gaining 45 pounds on a cheeseburger diet to get quite a bit of a paunch and wearing a hair piece with a bald spot and thinning locks. McConaughey, who is a very handsome man, doesn’t look that way here. In the past, I’ve praised Hollywood actors for going this route for the sake of their art but it’s becoming a much more prevalent event these days so I’ll refrain from a whole lot of compliments; let’s just say that the acting performance that McConaughey delivers is as good as anything he’s done regardless of the sideshow about how he looks here. He’s come a long way since the laidback Texas surfer dude he seemed to always be playing.

The movie runs two full hours and to be honest I’m not sure it needed to. Once the gold is discovered it begins to drag a little bit as the corporate setup takes most of the focus and that portion of the film isn’t nearly as interesting. The ending is definitely Hollywood too – I would have liked it to have been less heart-warming, particularly after everything the principles did to each other. It doesn’t seem terribly realistic to me.

Like many other films that Weinstein distributes, this bounced around the release schedule for a time before settling on a Christmas release in New York and Los Angeles and expanding nationwide in January. I’m frankly mystified that they’d open this up in the holiday season at all; there was never any real chance of Oscar attention here and to be honest this feels a little bit more suited to the less competitive January release schedule. Still, it is competently done and reasonably entertaining which given what dogs we usually get in January is saying something.

REASONS TO GO: McConaughey does a stellar job here despite all the make-up and hair tomfoolery..
REASONS TO STAY: Overall, the film feels long and seems to lose steam in the middle.
FAMILY VALUES: There is a bit of sexuality, some nudity and a fair amount of profanity.
TRIVIAL PURSUIT: This is Gaghan’s first film in eleven years, his last being Syriana.
CRITICAL MASS: As of 2/24/17: Rotten Tomatoes: 41% positive reviews. Metacritic: 49/100.
COMPARISON SHOPPING: Fool’s Gold
FINAL RATING: 6/10
NEXT: Live By Night

Money Monster


Clooney busts a move.

Clooney busts a move.

(2016) Thriller (Tri-Star) George Clooney, Julia Roberts, Jack O’Connell, Dominic West, Caitriona Balfe, Giancarlo Esposito, Christopher Denham, Lenny Venito, Chris Bauer, Dennis Boutsikaris, Emily Meade, Condola Rashad, Aaron Yoo, Carsey Walker Jr., Grant Rosenmeyer, Jim Warden, Joseph D. Reitman, Olivia Luccardi. Directed by Jodie Foster

The American Experience

There are a lot of ways to get a person under your thumb. Economically is usually the best method and involves the least bloodshed. However, it must be said that people can only be pushed so far before bloodshed becomes inevitable.

Lee Gates (Clooney) is a financial expert who has a popular financial advice program on a cable network. It is somewhat wild and crazy like Lee himself; Lee has a tendency, much to the exasperation of his producer Patty Fenn (Roberts), to go off the reservation. So when a flustered young delivery man, carrying a couple of packages wanders onto the set, Lee is sure it’s his crew playing a practical joke on him while Patty thinks that it’s one of Lee’s improvisations.

It’s neither. It’s Kyle Budwell (O’Connell), a working class schmoe who was crazy enough to follow Lee’s investment advice – except that advice turned out to be tragically wrong. IBIS, the software company that Kyle invested in, had seen $800 million of its assets vanish overnight and its charismatic CEO Walt Camby (West) is nowhere to be seen. He was supposed to be a guest on Lee’s program but instead they were sending Diane Lester (Balfe), a publicity flack (whom Camby is  apparently sleeping with).

Kyle has loaded guns which he demonstrates by firing into the ceiling, getting everyone’s attention. He slaps on a bomb vest that he hid in one of the packages onto Lee and proceeds to demand to talk to the absent CEO. Patty manages to clear the studio, but it seems only a matter of time before Kyle loses complete control of the situation. What neither Patty nor Lee count on is that they too would be swept up in Kyle’s saga and want to find out the answers for their own peace of mind as well.

Given the somewhat negative view most people have regarding the shenanigans on Wall Street over the past few years, this movie plays into those feelings pretty much perfectly – almost to the point of cliché. The villain of this piece is too easily spotted and becomes almost laughable. We don’t get a real sense of depth to that person; it’s just greed, greed, greed and a sense that people deserve to get their life savings defrauded from them because they don’t have the kind of fortune that the villain has. It’s a bit of a cop-out in my opinion.

That said, this is the kind of movie that is going to give you a good idea of why people are angry at Wall Street. The Lee Gates character – who is clearly modeled on Jim Cramer and the show clearly Mad Money on steroids – is a bit buffoonish and certainly a paean to poor investment strategies which is something Cramer is sometimes accused of peddling in real life. Clooney gives the character a bit more depth than we might have otherwise. Would the film have worked better if Lee was the kind of insensitive douchebag that he appears to be at the beginning of the movie? I don’t think so, but at least one critic accused the filmmakers of “star saving” Clooney (i.e. making him appear nicer than he appears to be in order to maintain his likability) which is not something Clooney has indulged in over the years.

Roberts is seen far less frequently onscreen than I would like, but continues to be every inch the star she’s been for the past *mumble, mumble* years – has it really been that long? She has deepened into more of a solid actress over the past decade, not needing to rely quite as much on the wattage of her amazing smile and the glow of her incandescent personality that over the years has made her the ultimate girl next door. Here, she’s a working stiff trying to labor for the unappreciative and has been a little bit beaten down by her star’s lack of empathy. Still, she prides herself on her professionalism and when the rubber hits the road, responds with calm and decisive leadership. This is one of those roles that is slightly subversive without being obvious about it; perhaps Foster, certainly one of the strongest women in Hollywood, has something to do with it as well. To my mind, Patty is the real hero of this piece but not many will get that.

O’Connell is best known for his role in Unbroken but to my mind finally really shows what he’s capable of going back to small but memorable roles in films like Harry Brown. His performance as Kyle shows a man beaten down to the bone by a system that chews up and spits out people like Kyle. With nothing else to lose, he demands answers from those who aren’t willing to give them and this leads him to an act of desperation – and yes, stupidity – that becomes the crux of the film’s emotional center.

Foster has been the kind of director who makes magic even when the scripts she’s given to work with don’t necessarily have a lot of it in it. There’s a good deal that’s way too familiar here but Foster works with it well and gives us a credible film despite the predictability of the plot. There’s some sly satire here about America’s penchant for greed and making money without wanting to put in the work. It is counter to our Puritan heritage in which hard work is valued and indeed, rewarded. In this modern era, we seem to be more inclined to value cutting corners – and rewarding those who do inordinately. And maybe that’s at the center of why Main Street is so pissed off at Wall Street. Perhaps some of the captains of industry need to be reminded of those ethics that made this country great in the first place.

REASONS TO GO: Foster is a masterful director. Clooney and Roberts are always eye-catching. Dials in to the anger that a lot of people are feeling about Wall Street.
REASONS TO STAY: Pretty cliché storyline. The villain of the piece is a little too obvious.
FAMILY VALUES: A fair amount of profanity, some sexuality and some violence.
TRIVIAL PURSUIT: This is the fourth time Clooney and Roberts have appeared in a film together.
CRITICAL MASS: As of 7/4/16: Rotten Tomatoes: 56% positive reviews. Metacritic: 55/100.
COMPARISON SHOPPING: The Big Short
FINAL RATING: 7/10
NEXT: The Conjuring 2

Loosies


A ridiculously handsome man.

A ridiculously handsome man.

(2011) Dramedy (IFC) Peter Facinelli, Jaimie Alexander, Michael Madsen, Vincent Gallo, William Forsythe, Marianne Leone, Christy Carlson Romano, Joe Pantoliano, Eric Phillips, Tom DeNucci, Tom Paolino, Ara Boghigian, Anthony Paolucci, Glenn Ciano, Johnny Cicco, Stella Schnabel, Peter Berkot, Anne Mulhall, Sera Verde, Rebecca Forsythe. Directed by Michael Corrente

Sometimes people do the right things for all the wrong reasons. Just as often, people sometimes do the wrong things for the best of reasons. At the end of the day, it doesn’t really matter why you do things, just that you did them.

Bobby (Facinelli) is a handsome, charming kind of guy. He walks around New York in a suit all day, letting all and sundry know that he works on Wall Street as a broker. Actually, Bobby is a pickpocket and a damned good one. He snatches watches, cash, cell phones, the occasional police badge – whatever he can get his slick fingers on.

But things are changing in his life. Lucy (Alexander), the pretty and spunky bartender at his favorite tavern, is pregnant – and Bobby’s the baby daddy. What had been a one night stand turned into a life changing event. Bobby, at his core a decent sort of fellow, wants to do the right thing. He wants to marry Lucy and settle down into being a good husband, father and provider.

That’s not going to be easy. Bobby owes Jax (Gallo) a fairly hefty debt, the legacy of his gambling-addicted father and is struggling to pay it off. Lt. Nick Sullivan (Madsen), the cop whose badge Bobby stole, is absolutely pissed off about it and is pursuing Bobby with the ferocity and tenacity of a pit bull on meth. His mom Rita (Leone) has a new boyfriend, the jeweler Carl (Pantoliano) who has been known to exchange punches with Bobby. And Lucy doesn’t want to be the wife of a lowlife, nor her child to be raised by one.

This is meant to be a star-making vehicle for Facinelli who has labored in the shadows for much of his career. An engaging lead with star potential, he has been relegated mainly to supporting roles although when he’s gotten the opportunity to shine (as on the too-brief TV series Damages) he has generally made the most of it and he does so here.

Bobby is a thoroughly likable rapscallion and while his choice aren’t the best, they are generally the lesser of two or more evils. Facinelli imbues the character with a general charm, ensuring the audience will like the schlub even though they know he’s doing things that are less than kosher. Facinelli and Alexander make a believable couple; there are a lot of bumps in the road for their characters but one never doubts the genuine affection.

While this is a bit of a mash-up between a crime caper and a romantic comedy, I don’t really see anything fresh here from either genre. It’s a bit paint-by-numbers in a sense  that is elevated by the performance of its cast. Facinelli is engaging enough performer that you’ll want to spend an hour and a half with him without checking your watch. These days, that’s kind of a plus.

WHY RENT THIS: Facinelli is likable. Good chemistry with Alexander.

WHY RENT SOMETHING ELSE: Doesn’t really offer up anything new.

FAMILY VALUES: There’s a bit of violence, some sexual content and some rough language.

TRIVIAL PURSUIT: The husband of Nikki Reed, who co-starred with Facinelli on the Twilight series, contributes three songs on the soundtrack with his band Grand Magnolias (his name is Paul McDonald of American Idol fame).

NOTABLE DVD EXTRAS: None listed.

BOX OFFICE PERFORMANCE: $3,519 on an unreported production budget.

COMPARISON SHOPPING: New York, I Love You

FINAL RATING: 6/10

NEXT: X2

The Reluctant Fundamentalist


Which one will blink first?

Which one will blink first?

(2012) Drama (IFC) Riz Ahmed, Kate Hudson, Kiefer Sutherland, Liev Schreiber, Om Puri, Shabana Azmi, Martin Donovan, Nelsan Ellis, Haluk Bilginer, Meesha Shafi, Imaad Shah, Chris Smith, Ashwath Batt, Sarah Quinn, Chandrachur Singh, Adil Hussain, Ali Sethi, Deepti Datt, Gary Richardson, Victor Slezak, Ashlyn Henson, Cait Johnson. Directed by Mira Nair

What creates a terrorist? How does one go from being a devout member of one’s religion to a wild-eyed fanatic willing to kill – and die – for his/her faith?

After an American professor (Richardson) is kidnapped after attending a movie in Lahore, Pakistan, a colleague of his at the university, Changez Khan (Ahmed) is interviewed by journalist Bobby Lincoln (Schreiber). Changez has fallen under suspicion of being connected to a terrorist group mainly based on his anti-American rhetoric and firebrand speeches in the classroom  He’d also met with a notorious terrorist cell leader

However,  Changez had started out as a rapidly pro-American, a big believer in the American dream. Born in Lahore to a poet (Puri) and a housewife (Azmi) who had been well-to-do at one time but who had blown through the money they had as poetry even in Pakistan isn’t a job that brings in high earnings. Changez gets a scholarship to Princeton and when he graduates is pegged by Jim Cross (Sutherland) to be a gifted evaluator of business worth which makes him a valuable commodity with a bright future at Underwood Samson who evaluate the value of companies and come up with ways to increase that value. It’s a pretty lucrative field and Changez looks to be on the fast track to success.

As he banters with his friends Wainwright (Ellis), Clea (Quinn) and Rizzo (Smith), Changez falls for Erica (Hudson), the artistic niece of  Underwood Samson’s CEO. It isn’t long before they move in together, although Erica has a deep melancholy – her previous boyfriend had died in a car accident and she’s still grieving. Even though Changez moves slowly and gives her as much leeway as she wants and she clearly has feelings for him, she still feels like she’s cheating on her dead lover.

Everything changes though when the Twin Towers come down on 9/11. Changez is in Manila on business when it happens and when he finally comes home, he is stripped and forced to undergo a humiliating body cavity search. People begin to view Changez with suspicion, particularly now that he’s sporting a beard to reconnect with his Pakistani roots. He is growing more and more distant from his family which hits him hard when he goes home for his sister Bina’s (Shafi) wedding.

The final straw is when he goes to Turkey to evaluate a publishing company that one of Underhill Samson’s clients had just purchased. Even though the company had done much to promulgate Turkish culture and that of their neighbors (Changez’ dad had even had a book of his poems published there) the numbers point to liquidating the assets and shuttering the doors. Changez has an epiphany and refuses to do it. He quits his job and returns home, finding a job teaching.

So now things in Lahore are a powderkeg as American CIA and local police are detaining and arresting students at the University and conducting random searches. Even Changez’ family has received a visit of the state police simply because of their association with him. It won’t take much for this powderkeg to blow. So how involved is Changez with the kidnapping. Had his treatment in America paved the way for his conversion into jihadism? Or is he simply an innocent victim of circumstance?

Nair, who has on her resume some impressive efforts (not the least of which are Monsoon Wedding and The Namesake) has another one to add to that list. Based on a novel by Mohsin Hamid that is largely a monologue by Changez, she utilizes some brilliant cinematography and a terrific cast to explore the complex themes of the book.

Changez is largely a cypher. On the surface he seems a gentle, kind soul who adheres to non-violence but in practice he spent his Wall Street career practicing a kind of economic violence. While he eventually turns away from it, there is that sense that he is blaming America for allowing him to willingly participate in an admittedly immoral career. He made his choices but took no responsibility for them even after he quit. In that sense, Changez is unlikable and I personally find it a bit refreshing to have a character who turns a blind eye towards his own imperfections – most of us are like that.

Ahmed, a Pakistani-born British rapper and actor has a great deal of charisma and reminds me of a young Oded Fehr in looks and manner. He holds his own in his scenes with Schreiber who is an excellent actor so it’s no small feat. Their scenes are the most compelling in the film and it is their confrontation that provides the essence of the film.

Sutherland and Puri do great work in supporting roles. Hudson, who is also capable of strong roles, kind of gets a little lost here – it could be that she plays her character, who is weak and clings to her grief like Linus and his security blanket, too well. There are never the kind of sparks between her and Ahmed that I would have liked to have seen although that possibly was deliberate on Nair’s part. However, a good deal of time is spent on the relationship between Erica and Changez and quite frankly that is the weakest part of the story.

The film’s climax is powerful as we are left to ponder whether we are creating our own enemies out of our own arrogance and insensitivity, which I think is clearly the case. If so, then we come by that hatred honestly but we refuse to acknowledge it, one more reason for people in other countries to despise us. It isn’t until the final five minutes of the film that we discover where Changez’ sympathies lie and whether or not he is involved in the kidnapping. In a way it’s almost a moot point; ultimately this isn’t about who Changez is. It’s about who we are.

REASONS TO GO: Thought-provoking and balanced. Fine performances by Ahmed, Sutherland, Schreiber, Puri and Ellis.

REASONS TO STAY: The film is far more powerful when focusing on Changez’ conflicting feelings about America than on his relationship with Erica.

FAMILY VALUES:  There is a fair amount of swearing, some violence and a bit of sexuality.

TRIVIAL PURSUIT: Hudson was initially unable to do the film because she was pregnant at the time that shooting was scheduled to take place. When shooting was delayed until after she had her baby, Hudson was able to take the role.

CRITICAL MASS: As of 10/1/13: Rotten Tomatoes: 55% positive reviews. Metacritic: 54/100

COMPARISON SHOPPING: Syriana

FINAL RATING: 7.5/10

NEXT: Rush (2013)

Man on a Ledge


Man on a Ledge

Sam Worthington hopes that Elizabeth Banks isn't watching his career plummet over the precipice.

(2012) Thriller (Summit) Sam Worthington, Elizabeth Banks, Jamie Bell, Ed Harris, Anthony Mackie, Edward Burns, Titus Welliver, Genesis Rodriguez, Kyra Sedgwick, Felix Solis, Bill Sadler, Robert Clohessy, Afton Williamson, Pooja Kumar, Frank Pando. Directed by Asger Leth

 

There are a lot of reasons why people climb out on the ledge of a tall building. It could be financial ruin, or a failed love affair. It could be a result of clinical depression, or drug use. Sometimes, the reasons aren’t all that obvious.

Nick Cassidy (Worthington) is standing out on the ledge of the Roosevelt Hotel in Manhattan. Traffic has been diverted and the cops are everywhere. A police negotiator named Jack Dougherty (Burns) is assigned the case but Nick wants a woman – Lydia Mercer (Banks) to be exact. She’s been under a cloud recently ever since she lost a jumper on the Brooklyn Bridge who happened to be a cop.

He’s not just any guy; he’s an ex-cop who escaped from prison only a week prior. He had been accused of stealing (and selling) a $40 million diamond belonging to David Englander (Harris), a cutthroat Wall Street sort who has all sorts of people on his payroll. Nick is being aided by his brother Joey (Bell) and Joey’s girlfriend Angie (Rodriguez) in proving that Nick is innocent and that David still has the diamond – by stealing it.

The plot is pretty simple and straightforward, and Leth tries to keep it that way. While there are several feints and twists as befits any heist movie (and the heist is a central part of the film) for the most part it doesn’t veer too much from the main concept and that’s a plus that many more veteran filmmakers sometimes miss.

Worthington has had great success in the fantasy and science fiction action realms, although he hasn’t quite achieved the stardom you’d expect with movies like Avatar and Clash of the Titans under his belt. He won’t move much farther in that direction with his performance here; he’s a bit wooden and the charisma he showed in those two movies isn’t as much in evidence although to be fair he spends most of the movie standing on a ledge talking to Elizabeth Banks. Nothing wrong with that mind you – just not a lot to work with there.

Rodriguez who plays the sassy girlfriend of his brother adds much needed sparkle, not only visually (she’s quite gorgeous) but also in providing an emotional boost. She provides comic relief but seems to be having the most fun of anyone here and she lights up the screen whenever she’s on it. She has stardom written all over her.

The problem here is that there are a lot of logical missteps. For example one of the stunts has someone leaping off of a 21-story-building and landing safely on one of those air-inflatable stunt mattresses which in real life would have a person-sized hole in it if someone were to do that. Also the brother is supposed to be working class but he has all these sophisticated devices to help him get into the vault. Doesn’t make sense.

Also the film misses out on capitalizing on its location. New York is one of the world’s most recognizable and photogenic cities but the movie could just as well be taking place in Pittsburgh or Toledo, anywhere where there’s a suitable high rise. You never get a sense that they’re in New York – and they freaking’ filmed there! That’s a big no-no in my book.

The movie isn’t all that bad but it isn’t particularly good either. You get a sense that you’ve seen it before and done better throughout. It makes for a decent enough diversion but if you’re going to spend your hard-earned dollars at the box office there are plenty of much better films in theaters right now than this, even at this time of the year.

REASONS TO GO: Solid jobs by most of the cast. Rodriguez is nice eye candy.

REASONS TO STAY: Premise is a bit “been there done that” and there are some logical holes that subvert the plot here and there. Misses on capturing the essence of New York.

FAMILY VALUES: There is a bit of violence and a few choice words.

TRIVIAL PURSUIT: Director Asger Leth is best known for Ghosts of Cite Soleil.

CRITICAL MASS: As of 2/16/12: Rotten Tomatoes: 32% positive reviews. Metacritic: 40/100. The reviews are on the low side of mixed.

COMPARISON SHOPPING: Phone Booth

HEIST LOVERS: The heist sequences are pretty well thought-out and while not super-original, were enjoyable to watch.

FINAL RATING: 5/10

TOMORROW: Gothika

Arbitrage


Arbitrage

"Richard Gere is a handsome man but he ain't no Tim Robbins"

(2012) Drama (Roadside Attractions) Richard Gere, Susan Sarandon, Tim Roth, Brit Marling, Nate Parker, Laetitia Casta, Josh Pais, Monica Raymond, Stuart Margolin, William Friedkin, Bruce Altman, Evelina Oboza, Larry Pine, Curtiss Cook. Directed by Nicholas Jarecki

 

All of us have some sort of moral code, ethics which guide us in our decision making process. Now those ethics might completely revolve around self-interest, or perhaps have some inkling of the greater good somewhere deep down. It is truly disturbing how easily our moral compasses can slowly shift from true north into a different direction.

Robert Miller (Gere) is a Wall Street icon. He’s built one of the most profitable and respected firms in the world, is a billionaire many times over. Now as his career is winding down, he has much to be grateful for. He is in the midst of selling his company, after which he’ll semi-retire to spend more time with his family. His daughter Brooke (Marling) is the CFO of his company and has proven to be as brilliant as he, a worthy successor to his mantle if that’s what she chooses.

But life isn’t always what it seems. Miller has had enormous losses from a failed copper mine in Russia, losses he’s covered with capital from his own company, an SEC no-no. In order to cover those losses, he’s had to borrow money to make the books look rock solid so that the merger can go through. Miller has also been cheating on his wife Ellen (Sarandon) who is busy running their charitable foundation with Julie Cote (Victoria’s Secret model Casta).

It all begins to spiral out of control when a tragedy forces Miller to lie to his wife and the police about his whereabouts. The son of his deceased chauffeur, Jimmy Grant (Parker) comes to his rescue and finds himself in the crosshairs of eager detective Michael Bryer (Roth) who smells the lies several miles away and is making it his mission to nail Miller, willing to do anything – including ruin Grant’s life – to get what he wants. In the meantime, the clock is ticking on that multi-billion dollar merger.

Jarecki has an understanding of the financial industry and the titans who run it (his father was one) and brings it to life here. Often these days Wall Street corporate sorts are made the villain and the scapegoat in movies like this; certainly on paper it sounds like Robert Miller is a monster, given his attitude towards others and himself. Miller does some things that are awfully callous and yet you still like the guy and root for him to come out ahead – which is odd, because considering what guys like this did to the country you might want Miller to pay for his crimes tenfold. Chalk it up to Gere’s natural charisma.

Richard Gere is definitely the main reason to see this; he has delivered his best performance in 20 years, maybe ever. Gere is one of the few actors in Hollywood who is able to do thoroughly despicable things onscreen and yet become the rooting interest. That he does so here considering the economic climate is a tribute to his talents. Only Richard Gere could make us root for a philandering, cheating, lying, deceitful scumbag of a Wall Street CEO.

Marling does very well as Gere’s brilliant daughter. She is less vulnerable here than she was in Another Earth which might have been a better acting performance on the surface, but she’s holding her own with some acting heavyweights and makes her character the moral center of the piece and carries it off well. She’s a talent worth keeping your eye on – I think she’s got a brilliant future ahead of her.

Tim Roth plays a character not unlike the one he doses in “Lie to Me” although Det. Bryer is a little bit more edgy, a little more high-strung. His scenes with Nate Parker are some of the best in the movie. Parker is another talent with sky-high potential; he infuses Jimmy Grant with dignity as a former con trying to get his life back together again.

Jarecki has written an interesting script that keeps you on the edge of your seat at times. Absolute power corrupts absolutely and in Miller’s case, that old adage is certainly true. He may be a wealthy man but he is not rich. This is more than a fall of the rich and powerful parable, or a commentary on the callousness of the bussiness-ocracy that is running our country de facto these days.  It is also a morality tale on how the corruption of an individual can come in a subtle and seemingly harmless way – and then before they know it wreak complete and irrevocable change on that person’s soul.

NOTE: This movie was premiered at Sundance earlier this week and was screened at the Enzian Theater in Maitland, Florida as part of the Sundance Festival USA program in which films from the Festival were brought to nine theaters around the country. While at Sundance, the film was picked up for distribution by Lionsgate/Roadhouse Attractions and will be released sometime later this year, in all likelihood on a limited basis.

REASONS TO GO: A gripping story of moral compromise. Outstanding performances by Gere, Parker, Roth and Marling. Looks like a movie that cost much more to make than it did.

REASONS TO STAY: You might find yourself hating yourself for rooting for such a rotten guy as Robert Miller.

FAMILY VALUES: There is some sexuality and plenty of bad language. There is a disturbing image involving a car accident as well as some drinking and drug use.

TRIVIAL PURSUIT: Nicholas Jarecki’s dad Henry has been a commodities trader, psychiatrist, entrepreneur and was the co-founder of Moviefone; two of his siblings (Andrew and Eugene) are also film directors and Eugene is likewise debuting a film at Sundance this year (The House I Live In).

CRITICAL MASS: As of 1/28/12: Rotten Tomatoes: 100% positive reviews. Metacritic: N/A. Too soon to tell as the movie has yet to be released and has only played thus far at Sundance.

COMPARISON SHOPPING: Margin Call

WEALTH LOVERS: The scenes in the townhouse where Robert Miller lives were filmed in the home of director Jarecki’s father which has been called the most expensive home in New York remaining in private hands.

FINAL RATING: 8/10

TOMORROW: Red Tails

Client 9: The Rise and Fall of Eliot Spitzer


Client 9: The Rise and Fall of Eliot Spitzer

Some press conferences just don't go all that well.

(2010) Documentary (Magnolia) Eliot Spitzer, Joe Bruno, Roger Stone, Hank Greenberg, Ken Langone, Wrenn Schmidt, Elizabeth Monrad, Robert Graham, Zana Brezdek, Kristian Stiles, Jimmy Siegel, Fred Dicker, John Whitehead, Scott Horton, Darren Dopp, Mike Balboni. Directed by Alex Gibney

 

Eliot Spitzer may wind up being a cautionary tale for 21st century politicians. He was once one of the most dynamic leaders in the country, the Sheriff of Wall Street, a man who took on crooked CEOs and won. He had gone from New York’s Attorney General to New York’s Governor and some said he might have a shot at being the first Jewish President after Obama’s presidency came to an end.

Then it all came crashing down. A juicy sex scandal – apparently the Governor had been seeing some very high-priced call girls. There were receipts, accusations and an incriminating document that listed Spitzer as “Client 9.” The interesting thing is that clients one through eight received little investigation and almost no attention. It was only Client 9 who had the microscope turned on him.

It must be remembered that Spitzer made a lot of powerful enemies, including AIG chairman Hank Greenberg who blamed Spitzer for his company’s collapse, New York State Representative Joe Bruno, Republican public relations specialist (and character assassin) Roger Stone and former NYSE director Ken Langone, to name a few. That his spectacular downfall followed his rise to power so precipitously makes one wonder if it was engineered. Certainly there are some compelling arguments in that direction, although Spitzer himself tends to downplay that aspect.

In fact, Spitzer’s interview is the highlight of the movie. He comes off as remarkably self-knowing, understanding that it was his own hubris that brought him down, his own mistaken idea that he was untouchable. He seems to be completely accountable for his actions, or at least projects that image. It’s easy to see how the charismatic Spitzer became so popular in the Empire State.

That doesn’t mean his opponents are any less compelling interviews, particularly Bruno (who is an old-school politician and quite entertaining in his own way) and Langone who’s like a pit bull and seems to have a special dislike for Spitzer.

Other reviewers have compared this to a Greek tragedy and indeed it is; it is the story of Icarus (as Spitzer himself remarks) who created wings made out of feathers and wax; when he flew too close to the sun, the wax melted, the feathers fell out and Icarus tumble screaming from the skies.

WHY RENT THIS: Spitzer is a fascinating character and the story is compelling. Very balanced in presenting differing viewpoints. 

WHY RENT SOMETHING ELSE: An awful lot of talking head footage, little of which measures up to Spitzer’s own interview.

FAMILY VALUES: The film covers some fairly sexy stuff and there is some brief nudity. There’s also a fair amount of bad language.

TRIVIAL PURSUIT: Spitzer has since gone on to attempt a broadcasting career with CNN but both of his shows (“Parker Spitzer” and “In the Arena” were cancelled).

NOTABLE DVD EXTRAS: None listed.

BOX OFFICE PERFORMANCE: $192,870 on an unreported production budget; it might have broken even but only just and it’s more likely it lost a bunch of money.

FINAL RATING: 8/10

TOMORROW: Contraband

Margin Call


Margin Call

Kevin Spacey discovers the wonders of Internet porn.

(2011) Drama (Roadside Attractions) Kevin Spacey, Paul Bettany, Jeremy Irons, Demi Moore, Zachary Quinto, Penn Badgley, Stanley Tucci, Simon Baker, Mary McDonnell, Aasif Mandvi, Ashley Williams, Susan Blackwell, Maria Dizzia, Jim Kirk. Directed by J.C. Chandor

Money makes the world go round, and certainly we all need it to get by. There are those, however, who can’t get enough of it and have plundered and pillaged their way into a global economic meltdown. The worst part of it is that there are those who knew what was about to happen but did nothing; they are at least complicit partners in the crime.

At a staid, respected Wall Street firm in 2008, layoffs are underway. A tap on the shoulder is the kiss of death as 80% of the workforce on this particular floor is about to be sent home. One of those being let go is Eric Dale (Tucci), a manager in the risk assessment team. As he is being escorted out, he hands a flash drive to his protégé Peter Sullivan (Quinto) and tells him it’s something he was working on and asks Peter to see if he can finish it. Then, somewhat strangely, he tells him to “Be careful.”

Well, that’s like catnip to a former rocket engineer like Sullivan so while the other survivors are out celebrating their stay of execution, Sullivan is working on the file and when he figures it out, the results are so monstrous that he has to call someone in. That someone is senior trader Will Emerson (Bettany) who in turn calls his boss Sam Rogers (Spacey), the head of trading.

What Sullivan has discovered is that the company has purchased a lot of mortgage-based securities that, if their value were to deteriorate by just 25% would mean that the companies losses would be greater than what the company was worth. That would mean bankruptcy and scandal and the end of the gravy train they’ve all been riding on.

During the course of the night, the findings are pushed up the ladder. The head of Risk Management Sarah Robertson (Moore) and her boss Jared Cohen (Baker) are brought into the loop and it soon becomes apparent they knew  a lot more about the situation than they had let on. It quickly becomes a case of looking out for your own tush as the firm’s British CEO John Tuld (Irons) flies in via helicopter as dawn breaks.

These executives will be making decisions that will have far-reaching economic implications, not to mention a moral dilemma as Tuld’s decision is to sell off the worthless securities before it becomes general knowledge that they’re worthless. Can Rogers order his traders to essentially destroy their own careers to save the firm? Should he?

The story is rather loosely based on that of Lehman Brothers (whose CEO is Richard Fuld) although there are certainly some factual differences. That there are those in the financial industry who played fast and loose with the rules and with morality there is no doubt. That the greed of banks, financial firms and those politicians who helped remove the safeguards and overseers that might have protected us from these rapacious sharks has put our economy down the tubes there is also no doubt.

Chandor, the son of a Merrill Lynch executive, has an insider’s perspective and he helps make a movie that really covers some fairly arcane numbers-based material without going too far over the heads of the average audience member. There’s some good writing here; understanding what happened in 2008 often feels like you need a degree in math just to grasp the basics. Here, it’s shown in fairly plain terms what happened to a lot of firms at the time.

The performances here are universally compelling. Spacey is more or less the focus of the moral dilemma; he alone of most of the executives has a pretty good wrestling match with his conscience. He isn’t possessed of a snowy white soul – he certainly is flawed – but at least his first thought isn’t of his own career but the ramifications on the general public when this gets out.

Irons is also amazing as the reptilian CEO. There is a moment when he’s rattling off the dates of all the crashes and downturns on Wall Street, seemingly not noticing how much closer together those dates are getting as the years go by. Does he really not notice or does he actually not care that each of those dates represent enormous human misery?

This isn’t what you’d call action packed fare; much of it takes place in conference rooms at high level meetings. It gets pretty talky at times. While this is mostly an indictment of the greed and arrogance of Wall Street, it also does put a certain onus on the general public for aiding and abetting, a charge which isn’t entirely unfounded. In that sense, this is as fair and balanced a portrayal of the meltdown as I’ve seen to date.

This movie puts a human face on the greed and how the mentality of CYA and testosterone-fueled “profits first, people second” culture in Wall Street made what happened in 2008 inevitable. This is the dark face of capitalism and that the executives sound uncannily like prison guards at Dachau only makes this movie more compelling.

REASONS TO GO: A very realistic look at what goes on behind the curtain on Wall Street. Terrific performances and a well-written script augment this.

REASONS TO STAY: A little bit on the talky side.

FAMILY VALUES: There’s a whole lot of bad language.

TRIVIAL PURSUIT: The movie was filmed mostly at One Penn Plaza in New York on a floor recently vacated by a trading firm.

HOME OR THEATER: I’d see this in a theater if you can.

FINAL RATING: 8/10

TOMORROW: In Time