March 2, 2016 Leave a comment
If you saw the Will Ferrell and Mark Wahlberg 2010 comedy The Other Guys, you may have noticed something a little bit “off” about the end credits. While the feature was a typical over-the-top comedy (Ferrell and Wahlberg play “odd couple” partners who inadvertently solve a major case despite plenty of hijinks along the way), the end credits took a surprisingly serious turn with facts and figures from the 2008 financial crisis. After the fun and lightheartedness of the film itself, the end credits splashed a dose of cold water on the whole thing. It was clear that the people behind the film were justifiably outraged about the crisis and the fact that no one in the financial industry suffered any consequences for their creation of the whole mess. It felt like a message to the audience – if you thought this comedy was outrageous and unbelievable, just look at how nuts the real world is. So for those who saw The Other Guys, it probably wasn’t that surprising that Adam McKay, the director of that movie and other acclaimed comedies like Anchorman and Step Brothers, was tackling a dramatization of Michael Lewis’ 2010 book The Big Short.
Essentially, the film is about a select group of financial outsiders who realize that the mortgage-backed securities market is destined to crash (like a Jenga game, which the film uses as a nice visual metaphor) and decide to place big bets to make a fortune off of the disaster. The outsiders are played by Steve Carell, Christian Bale, Brad Pitt, and Ryan Gosling, among others. And yes, these are the heroes of the film.
In arguably the film’s most important scene, Brad chastises our “heroes” after they confirm their suspicions that the whole real estate market is being run by idiots. They giddily jump up and down on the floor, until they are reminded (by Brad, the only unambiguously good man in the movie, of course) that what they are celebrating is the collapse of the American economy. That sobers their celebration pretty quickly.
That’s the scene that stuck out for me from The Big Short. Are these characters heroes? It’s nice that they’re outraged and indignant about the reckless greed of Wall Street, but they profit off that very arrogance and recklessness. At the end of the film, only two groups emerge unscathed: the Wall Street firms that are bailed out after brokering the whole mess in the first place, and our heroes, who vastly multiply their bank accounts.
The Big Short tackles the same themes as The Wolf of Wall Street, but whereas Scorsese’s film felt like a chocolate sundae this one is a steaming helping of broccoli. Its frustration with the financial system is its greatest strength, but the heavy-handedness with which it tells the tale leaves the film feeling a bit like an after-school special.
Side note: I have to commend The Big Short for characters breaking the fourth wall to address that some events that play out onscreen didn’t actually happen, but make for better drama. A refreshing acknowledgement to take the film, although based on facts, with a grain of salt.