Friday, March 8, 2019
Margin Call Essay
J. C. Chandlers 2011 film Margin Call examines the actions of an investment firms key decision makers during the earliest stages of the nearly recent financial crisis. Chandler does a good job with the characters of this motion-picture show he isnt necessarily facial expression for a villain in a mess give care this nor either lengthy explanations hes going deeper than that. He goes more for societal costs of high finance, the power of self-rationalization, and the easy embrace of personal corruption.The movie is filled with business lessons that go beyond the investment world. One estimate of the film centers on business ethical motive and whether personal interest should automobile horn customer/employee investment. Clearly, the decision make by John Tuld and senior centering demonstrates that everybody is out for themselves. Personal investors be at the mercy of the individuals and the firms they invest with. The shut up with which Tuld makes his decisions is scary to an y business estimable viewer.With unqualified statements such as, its simply m singley the audience begins to understand that the financial system move be an unfair game. In contrast Peters boss, Sam Rogers respectable implications of how the company plans to resolve its problems are almost more than he can handle. Sam stumbles upon the issue triggering the crisis, its one issue to be ball over at the ramifications of whats about to unfold. But it doesnt mean ones outrage cant be set divagation when personal survival is on the line, an attitude that he quietly maintains precisely isnt afraid to tap when the need arises.Moral ethics are thrown out the window in order to salvage a firm that has taken on too much risk in order to increase profits and inflate employee earnings. Management is willing to do whatever it takes to save themselves and protect their personal assets. This includes liquidating wide departments, and ruining the right of their own employees careers in the process. This film had several big ethical messages from it. In addition, there were many smaller points and messages the film showed.One in particular was the way that the employers used an employees entitlements as leverage to coerce them into doing what the enterprisingness requires. However, things such as stock options, pensions, bonus promises, and health care plans are simply paper assets. The promise that stands behind them can be scurvy and that paper is completely worthless at the order of those employers or in other words, blackmail. Ethics never loses its relevance.It must be told and retold as, too often, the mportant lessons that it imparts individuals and institutions unwillingly set aside. Ethical lapses can lead and have led to the irrevocable damage of a firm, its employees and clients. If there are any ethics in the business world, the companys plan for survival is unethical. But in a world that lacks options, there is only winning and losing. Some of the char acters trial with the little emotional and psychological life they have left. But their survival of the fittest basically comes down to bills or no money.One thing that we must remember from this film is non just the ethical decisions make by the upper management but who is affected by these choices made by upper management. The most damaging fallout from all this is on those who didnt see any of this coming, mostly the investors and the firms employees. Those who had the least(prenominal) involvement in all this mess are hurt the most in terms of financial losses. Even if it may seem like the employees participation was limited, they are nevertheless part of all of it, just by the inherent connectedness to the overall whole.Just because they werent the ones making the decisions doesnt mean the decisions made by upper management wont hurt them. This film is a reminder that business and moral ethics can easily be lost in the shuffle when billions of dollars and entire companies are at stake. Tuld is willing to kill the market to protect his interest, without restore for the companys investors or even the strength of the global economy. When money is no longer an issue, you lose all concern for the individuals who do not hold the same viewpoint.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.