2008. The world economy is hit by the worst crisis since 1929. And only one man, a young trader, is the alleged responsible for the first and most extravagant in a series of scandals that will shake the financial markets worldwide: Jérôme Kerviel. Indeed, the biggest banking loss of its kind in history (almost 5 billion euros!) is discovered at the French bank Société Générale and soon attributed to this quiet, low-profile, 31 years old employee - Hired as a simple clerk at the same bank, 8 years before, no one could have predicted that Jérôme Kerviel would go so far, so fast. He became the star of the trading floor, nicknamed "the cash machine" by his colleagues. But how could he gamble supposedly alone - and in secret - 50 billion euros?Written by
Before becoming an actor, François-Xavier Demaison was working as a financial lawyer in New York. He stopped when he saw September 11th events from his window. See more »
The movie covers a period from 2000 to 2008. However, views from the Paris Metro arriving and departing from La Défense are presented from the front window in driver-less train sets.
The Paris Metro line 1 was fully converted to driver-less operation in 2012, and the first driver-less trains were opened to the public in 2011. See more »
Having worked in investment banks as a trader for many years, I always watch movies related to the industry. Some cannot capture the atmosphere of a trading room but this one actually does. Even if some bits are a bit simplistic -for that kind of size Kerviel traded a lot on the phone and with a lot more discretion-. Also a key component of JK being able to cheat the Soc Gen was to access the middle office system thanks to his previous position; this is totally absent from the movie. The fun part is the characters: his boss played by Demaison is exactly the kind of fat f**k psychos you find on a trading desk, FX plays it perfectly. Also his further bosses (the meerkat midget and the curly hair) are very close to their real life counterparts... Believe me I've know them (sorry guys). Basically those clowns had no clue what was going on and never questioned a trader who was making his budget 10 times over. They only lost 5 billion, making them the worst desk managers of all time. JK was totally out of his depth, dishonest andincompetent never makes a good combination but Soc Gen should haveknown better. Served them well.
Worth watching, way better than JK's book at least.
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