The film “Margin Call” is marketed as “based on a true story” though the film adamantly, even awkwardly, refuses to be about specific people in a specific place at a specific time. Even terms like “Wall Street,” “New York,” “politicians,” “crash” “2008” and “recession” are erased from the characters’ dialogue even though such distinctions are as clear in the audience’s mind as the filmmakers intended. The movie is not so much based on a true “story,” but rather based on true ideologies and motivations. Yes, people like these character existed—and still exist—but I’d say most movies contain such realistic characters, though other movies have the theatrics to put said characters in extraordinary circumstances. Fortunately, all the dads in America can breathe easily knowing “Margin Call” is not a 109-minute rant on the immorality and un-sustainability of unchecked, rampant capitalism. Nor is this even an Occupy Wall Street-geared movie. This is a re-enactment for those who don’t read books of how and why America’s, and thus the world’s, economic system seems to collapse every ten years. Granted, “Margin Call” may be based on a true story, but at what cost?
