To those who think all bankers are villains – or heroes, for that matter – let me commend Margin Call, the excellent and balanced film about a Lehman-like bank’s implosion, released last autumn in the US and out this week in the UK.
When the movie first came out, the FT invited two real-life bankers to the screening. One of them said:
I don’t think any banker will want to go, because they lived this, and traders will just point up the stuff that wasn’t right.
It was a film “made for outsiders who want to be smart about the inside”, he added.
But, speaking as an outsider, I think it’s much better than that. Read more