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Hollywood Cashes in on Wall Street’s Woes

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Hollywood Cashes in on Wall Street’s Troubles. I have done many things in my life: hedge fund manager, pilot, cowboy, journalist, stock broker, mountain climber, translator, guide, etc, etc. etc. Now add technical consultant to Hollywood to the list. According to the New York Times, Simon Baker, star of the TV show “The Mentalist”, is using the Diary of a Mad Hedge Fund Trader as a resource to humanize Wall Street traders in the upcoming film entitled “Margin Call” (click here for the link at http://www.nytimes.com/2010/07/12/business/media/12film.html?_r=1&src=busln&scp=2&sq=mad%20hedge%20fund%20trader&st=cse ).

This is not an easy task, as the public generally considerers denizens of the pit as greedy, soulless, money grubbing monsters, difficult to empathize with in any setting. The star studded thriller includes Kevin Spacey, Demi Moore, and Jeremy Irons, and will focus on a 24 hour period during the height of the financial crisis at a fictional Wall Street bank.

No doubt, the producers are hoping to cash in on the imminent release of Oliver Stone’s sequel to the classic film, Wall Street. As with the last film, the great industry guessing game will be identifying who and which institutions in real life are being portrayed. How much do you want to bet that the troubled bank starts with the letter “L”.

Watch for film crews framing those dark, foreboding shots in the canyons of downtown Manhattan this summer. Release is expected next year. This, I must see. Hey Kevin, baby, have your people call my people and let’s do lunch!

To see the data, charts, and graphs that support this research piece, as well as more iconoclastic and out-of-consensus analysis, please visit me at www.madhedgefundtrader.com . There, you will find the conventional wisdom mercilessly flailed and tortured daily, and my last two and a half years of research reports available for free. You can also listen to me on Hedge Fund Radio by clicking on “This Week on Hedge Fund Radio” in the upper right corner of my home page.

 

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Tue, 07/13/2010 - 00:16 | 465745 Mitchman
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Maybe we can get Oprah to write a financial column?

Mon, 07/12/2010 - 22:41 | 465655 Sqworl
Sqworl's picture

A more appropriate title should be Atlas Shagged!!!

Mon, 07/12/2010 - 22:23 | 465621 Gimp
Gimp's picture

Looks interesting GF but release date is not until 2011, what's the point here?

Mon, 07/12/2010 - 22:20 | 465618 Gully Foyle
Gully Foyle's picture

But not one of you fucks are bitchin about this

http://www.imdb.com/title/tt0480239/

Atlas Shrugged

Tagline: Who is John Galt?

 

Mon, 07/12/2010 - 22:40 | 465651 hangemhigh
hangemhigh's picture

Atlas Shrugged

Tagline: Who is John Galt?

his most recent incarnation was alan greenspan and we all know how that turned out....


Mon, 07/12/2010 - 22:19 | 465617 Gimp
Gimp's picture

"L" word, are we talking Lesbians?

Mon, 07/12/2010 - 21:59 | 465599 Akrunner907
Akrunner907's picture

Is it just me or does it speak volumes when an actor realies on anything for source material?  Especially considering when you look at the accuracy of Hollywood movies. 

Mon, 07/12/2010 - 21:05 | 465521 Leo Kolivakis
Leo Kolivakis's picture

If any Hollywood executive reads this, contact me for a script that will blow your mind!

(I am dead serious)

 

Mon, 07/12/2010 - 23:16 | 465684 El Hosel
El Hosel's picture

 Leo,

  Your not dead, (and nobody takes you serious).

Mon, 07/12/2010 - 21:21 | 465549 Mercury
Mercury's picture

My Big Fat Greek Bailout ?

I kid.

I kid because I love.

Mon, 07/12/2010 - 21:28 | 465556 Leo Kolivakis
Leo Kolivakis's picture

LOL, that movie has already been made and it received two thumbs down on ZH!

Mon, 07/12/2010 - 21:37 | 465566 Muir
Muir's picture

^^^

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Good luck Leo.

My avatar might help.

Mon, 07/12/2010 - 20:03 | 465409 Lord Welligton
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http://www.madhedgefundtrader.com/

 

Unadulterated horseshit.

 

Mon, 07/12/2010 - 20:37 | 465484 Sqworl
Sqworl's picture

Opinions are like arseholes, most have one, your comments earned you a second...foch U

Mon, 07/12/2010 - 22:34 | 465641 Lord Welligton
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I think you mean "Opinions are like arseholes, everyone has one"

Enjoy yours.

Mon, 07/12/2010 - 22:38 | 465648 Sqworl
Sqworl's picture

Bend over for me big boy!!!  I will partake in that pleasure...

Mon, 07/12/2010 - 21:35 | 465561 Muir
Muir's picture

I have nothing to say but every poster above got junked so I decided to post.

 

edit: I agree with Lord Wellington

Mon, 07/12/2010 - 20:42 | 465489 Missing_Link
Missing_Link's picture

Actually, I happen to agree with him.  Madhedgefundtrader writes so many trashy articles I can't keep up with them all.  It's all really just utter crap.

Mon, 07/12/2010 - 23:14 | 465682 El Hosel
El Hosel's picture

  #1...  Crap it is.

Mon, 07/12/2010 - 21:47 | 465585 Eric Cartman
Eric Cartman's picture

I concur. 

Mon, 07/12/2010 - 20:50 | 465498 Flyingtrader
Flyingtrader's picture

Absolutely, the man has elevated drivel to an art form. He must be proud to know so little about so much.

Mon, 07/12/2010 - 20:44 | 465491 Sqworl
Sqworl's picture

I don't read his blog, I just read what he contributes here on ZH and the visuals make me laugh...

Mon, 07/12/2010 - 20:32 | 465400 Mercury
Mercury's picture

This is a long shot.

As thrilling as real P&L trading and market action is it's almost impossible to convey in a way that outsiders and passive observers can get into.  Even desperate, frenzied trading on the pit/floor (which is mostly gone now anyway) just comes across as a bunch of guys jumping up and down and yelling.  Modern, high-tech trading floors and gear look cool but then what? a bunch of dramatic shots of numbers on screens turning into other numbers on screens while red faced traders yell unintelligible shorthand and lingo into the phone: "950 comes at 40, you care?-I IM'd him, he's...-IM him again-will this clean him up?-no, different guy.  Oh boy, pass the popcorn.  Or, if you really want to make it cuttig edge just have a steady shot of giant, co-located HFT servers heating up with smokin' high volume action!

It seems like if action and insider fast talk work for medical dramas it should be able to work in a finance drama too but at the end of the day it's just easier for the audience to empathize when a human life is at stake rather than numbers or a pile of money.

The 80's 'Wall St.' movie worked because it was really about the human dramas surrounding a cut-throat empire builder, the seduction of the neophyte, the human costs of the spoils of war and appealing characters (or whatever).  There wasn't really anything that relied on fast paced trading/market drama.  If the MadHedgeFundTrader movie can pull off something like that great but successfully dramatizing trading and market dynamics (Margin Call?) may be next to impossible.

The way to go of course is comedy. Just think of all the great movies that use some kind of money/financial/strike-it-rich scheme as a spring board for madcap laughs and high jinx.  Of course the gold standard in the particular area in question is Trading Places which actually does also do a decent job with the little bit of market drama depicted. It also has the advantage of the template of the classic Broadway musical My Fair Lady.

So, I'd sooner bet on a new, up-to-date Wall Street comedy becoming a hit -or breaking even- than a dramatization of the Bear/Lehman story but of course we aren't quite there yet are we?

Mon, 07/12/2010 - 20:45 | 465493 Flyingtrader
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LOOKIN' GOOD BILLY-RAY!

Mon, 07/12/2010 - 21:18 | 465543 Mercury
Mercury's picture

FEELING GOOD LEWIS!

Mon, 07/12/2010 - 19:34 | 465357 Lord Welligton
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Pure horseshit.

Mon, 07/12/2010 - 19:32 | 465353 RockyRacoon
RockyRacoon's picture

How about a movie called "Potemkinville".  All show and no go.

Perfect setting would be the streets in front of the FedRev building.

Before it's burned to the ground.

Mon, 07/12/2010 - 19:41 | 465331 Sqworl
Sqworl's picture

Madness for all you do...this one's for you:

From Academy Award® nominated filmmaker, Charles Ferguson (“No End In Sight”), comes INSIDE JOB, the first film to expose the shocking truth behind the economic crisis of 2008. The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research and interviews with major financial insiders, politicians and journalists, INSIDE JOB traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia.

http://sirfcinema.com/tag/charles-morris

Mon, 07/12/2010 - 18:57 | 465289 HCSKnight
HCSKnight's picture

Pilot.... I'm betting hot air ballon...

QED http://www.zerohedge.com/article/what-bond-market-really-telling-us

{been a long time since Ive seen a post ripped apart so definitvely}

 

Mon, 07/12/2010 - 18:56 | 465287 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Who will play Tyler Durden?

Mon, 07/12/2010 - 18:56 | 465288 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

....and Marla?

Mon, 07/12/2010 - 18:29 | 465235 mynhair
mynhair's picture

Demi Moore?

Thought she was dead.

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