The ensemble cast features Kevin Spacey, Paul Bettany, Jeremy Irons, Zachary Quinto, Penn Badgley, Simon Baker, Demi Moore, and Stanley Tucci.
| | Member SIPC. Stock falls to $30 and you sell 200 shares. Be prepared for the possibility of a margin call—have other financial resources in place or predetermine which portion of your portfolio you would sell. Of that, $3,600 is profit. Everyone in the "Fire Sale" room, is basically done for and they know it. If you completely disagree, please do so respectfully :P. I'd love to hear your opinions/agreements/disagreements/alternate interpretations! Contact me | Privacy policy | Join the mailing list | Links. In focus are the actions taken by a group of employees during the subsequent financial collapse. People wanna live like this in their cars and big fuckin' houses they can't even pay for, then you're necessary. Your brokerage firm may close out positions in your portfolio and isn’t required to consult you first. Rob, the film-school dropout, has seen an absurd amount of movies, and if we’re being honest, rounds out our Fight Club fan-base.

You are not entitled to an extension of time to meet a margin call. Automated investing, professional advice, or trade on your own. Support your favorite podcast through leaving a rating or review - it goes such a long way in helping them grow! Answer: He is just the only one shown doing so. In this example, if you sell your shares for $6,000, you still have to pay back the $5,000 loan along with $400 interest1, which leaves you with only $600 of your original $5,000—a total loss of $4,400. For example, if you have $5,000 worth of marginable stocks in your account and you haven’t yet borrowed against them, you can purchase another $5,000—the stock you already own provides the collateral for the first $2,500, and the newly purchased marginable stock provides the collateral for the second $2,500. Everyone in the "Fire Sale" room, is basically done for and they know it. A year later when it hit $30, your shares would be worth $6,000. Movies. They want what we have to give them but they also wanna, you know, play innocent and pretend they have no idea where it came from.

Margin Call is a 2011 American drama thriller film written and directed by J. C. Chandor in his feature directorial debut. Any written feedback or comments collected on this page will not be published.
when you say Costner you mean Spacey, right - perhaps seeing Mary McDonnell confused you? A Schwab Financial Consultant can help you achieve your goals. At Charles Schwab, we encourage everyone to take ownership of their financial life by asking questions and demanding transparency. I'm here to guess what the music might do a week, a month, a year from now. Charles Schwab & Co., Inc. may in its sole discretion re-set the vote count to zero, remove votes appearing to be generated by robots or scripts, or remove the modules used to collect feedback and votes. One could leave the film with the view that everyone is corruptible, that we all yield to our weaknesses once the incentives are sufficiently great. John Tuld: So, what you're telling me, is that the music is about to stop, and we're going to be left holding the biggest bag of odorous excrement ever assembled in the history of capitalism.Peter Sullivan: Sir, I not sure that I would put it that way, but let me clarify using your analogy. Sullivan alerts Emerson, who calls head of trading Sam Rogers (Kevin Spacey). And this is why he was an emotionally barren man unable to sustain a relationship with his wife - the cold logic and professional greed of his business life consumed everything nurturing and emotional in his life. Follows the key people at an investment bank, over a 24-hour period, during the early stages of the 2008 financial crisis. You sell and pay back $5,000 plus $400 interest. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Addresses are not passed on to any third party, and are used solely for direct communication from this site. The bankers generally have an attitude of leaving the consumer out to dry, making them suffer for becoming so dependent on a system they have no part in. One of the fired employees is Eric Dale (Stanley Tucci), who works in risk management. When margin is used for investing purposes, it can magnify your profits, but it can also magnify your losses. I tend to agree with both jayhawkai and you. Nothing more. However, used wisely and prudently, a margin loan can be a valuable tool in the right circumstances. So, in the first case you profited $2,000 on an investment of $5,000 for a gain of 40%. Because of the risks involved, it is important that you fully understand the rules and requirements involved in trading securities on margin. All rights reserved. Well, we’re not 5 dudes in a room talking about our passion for Fight Club and Braveheart. Parents Guide. In the end, Amy, ashamed of her behaviour, returns apologetically to her Muslim family, but this is not a triumphant reunion; the film ends on a bittersweet note as Amy essentially trades one form of … Before leaving, Dale gives Peter a USB drive with a project he had been working on, telling him to "be careful." Few investors borrow to that extreme—the more you borrow, the more risk you take on—but using the 50% figure as an example makes it easier to see how margin works. The Lord of the Rings: The Fellowship of the Ring quotes, The biggest mistakes in the Harry Potter movies, 25 mistakes you never noticed in great movies, The 20 biggest mistakes in The Wizard of Oz, 40 biggest mistakes in The Big Bang Theory, More questions & answers from Margin Call. Like domesticated animals, the American consumer lived and depended on the American financial system, blissfully choosing to ignore the excessiveness of their lifestyles and allowing a system they have no control over to dictate their survival. His wife had a fondness and an acidity about her, like she knew all along that this emotional bankruptcy was happening, and was powerless to stop it. That borrowed money is called a margin loan, and it can be used to purchase additional securities or to meet short-term lending needs not related to investing. In fact, in a worst-case scenario it’s possible that your brokerage firm will sell all of your shares, leaving you with no shares yet still owing money. How did you guys interpret the ending? To hear first-time writer-director J.C. Chandor tell it, Alternate Ending was formed when three friends realized they all shared a passion for movies. Sullivan is promoted by Tuld. If your stocks decline to the point where they no longer meet the minimum equity requirements for your margin loan—usually 30% to 35% depending on the particular securities you own and the brokerage firm2—you will receive a margin call (also known as a maintenance call). Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, Financial Planner or Investment Manager. If your brokerage firm’s maintenance requirement is 30% (30% of $6,000 = $1,800) you would receive a margin call for $800 in cash or $1,143 of fully paid marginable securities ($800 divided by (1-.30) = $1143)—or some combination of the two—to make up the difference between your equity of $1,000 and the required equity of $1,800. Starring: Kevin Spacey, Paul Bettany, Stanley Tucci, Zachary Quinto. I was mesmerized as the credits started to roll, and felt a chill run through my spine every time Spacey scraped another shovel-full of dirt out of that poor animal's shallow grave. Rogers is disrupted by his ex-wife as he attempts to bury his dead dog in her yard. Junior employees Seth Bregman (Penn Badgley) and Peter Sullivan (Zachary Quinto) and senior trader Will Emerson (Paul Bettany) watch as a human resources team conducts mass layoffs on their trading floor.