Quote from drownpruf:
LTCM blew during the asian and russian deval in 1998. margin call was ca. 2008.
I understand. That doesn't mean the same shit couldn't have happened there. Just imagine the faces of the geniuses when the unexpected started to happen.
Nobel prize and such...
By the way Margin Call wasn't based on any true event, I think the Lehman Brothers crisis comes to it the closest :
"Although the film does not depict any real Wall Street firm, or similar corporate action during the 2008 financial crisis, Goldman Sachs similarly moved early to hedge and reduce its position in mortgage-backed securities, at the urging of two employees.[13] Other firms like Lehman Brothers and Bear Stearns found themselves similarly and catastrophically over-leveraged in mortgage-backed securities. They scrambled, ultimately unsuccessfully, to manage the financial and public panic that ensued when their problems became apparent and the global financial markets plunged as a result."
Quote from jb3398:
Something must be wrong with me because I watched the movie 3 times.
So did I...

The trick is with any movie is to buy into the premise. I generally don't like superhero movies, because I just don't buy the premise of those. Now occasionally when I do, I just suspend my logic and enjoy the ride...