Wednesday, June 15, 2016

Review of Money Monster

Review of Money Monster

            S & B (stocks and bonds) may now replace S & M (you all know what that means) as a sexy subject in contemporary cinema—the love of money is the new eroticism.  Probably fueled by the  financial scandals that flame in the headlines week in and week out, a number of contemporary films show some of the wheeling and dealing in that congregation of gamblers, thieves, and whores that constitutes both Las Vegas and Wall Street.  The trend may have begun with Wall Street itself, then continued through such recent films, once again based on actual events, as The Wolf of Wall Street and The Big Short, which explains the housing bubble and its bust (frankly, even after seeing the movie I still don’t understand it).
The new movie Money Monster touches on another result of financial manipulation, seldom mentioned in all the learned analyses of the so-called experts, the impact of the shady practices on ordinary people.  The film revolves around a TV show called Money Monster, hosted by Lee Gates (George Clooney), clearly based on the CNBC show Mad Money and its host, the manic Jim Cramer.  Dressed in odd costumes, with a different intro for each show, Clooney jumps all over the set like a crazed monkey, offering financial advice to viewers.  His show suddenly crashes to a halt when an intruder named Kyle (Jack O’Connell) sneaks onto the set, fires a pistol at the ceiling, and outfits him in the sort of vest favored by suicide bombers.
The movie settles into a series of desperate attempts by Gates to placate the intruder and a series of ploys to defuse the situation while a national TV audience watches.   Kyle’s rage results from one of Gates’s stock market tips, which led him to invest an inheritance from his mother in the stock of a particular company that soon after lost most of its value.  Stalling for time, arguing his cause, Gates tries a clever ploy, asking his viewers to buy stock in the company so that it increases in value and Kyle won’t kill him; after a momentary jump, it declines, deflating the host’s image of himself, a nice touch in a film that occasionally mixes comedy with its drama.
The static situation opens up when Gates, still suited in the bomb vest, with the pistol to his head, leads Kyle on a march down to Wall Street itself, followed by scores of policemen and cheered on by thousands of onlookers, a kind of pedestrian parody of the infamous O.J. Simpson slow speed chase.  There they finally learn the real reasons for Kyle’s loss and confront the mastermind behind the stock manipulation that caused it.  The movie ends in a kind of despair over the helplessness of ordinary citizens to cope with corporate exploitation and the hopelessness of defeating the people behind it. 

Although repetitive and generally unconvincing in its attempts to create any real sense of danger and suspense, Money Monster touches on some important matters for contemporary America.  It clearly demonstrates the possibilities for fraud and deceit in the business of stocks and bonds and, worse, shows how the right people can achieve those goals without anything in the way of punishment.  Some of its best material, however, derives from its depiction of just how a television show works, the preparation, the role of the director, the activities of all the people behind the cameras, and so forth.  American film especially excels at showing process—how a thing is made, how a particular job is done, how people manage certain complicated tasks, and Money Matters shows once again the fascination of such a subject.

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