Margin Call (2/9) Movie CLIP - Hookers, Booze and Dancers (2011) HD
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- Опубліковано 21 вер 2024
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CLIP DESCRIPTION:
Will Emerson (Paul Bettany) explains to Peter Sullivan (Zachary Quinto) and Seth Bregman (Penn Badgley) where all his money goes.
FILM DESCRIPTION:
Investment-firm analyst Peter Sullivan (Zachary Quinto) uncovers sensitive information that could easily plunge the entire business into peril, inadvertently destroying the lives and careers of his colleagues in this tense thriller set during the onset of the 2008 financial crisis. Over the course of the next 24 hours, Sullivan realizes that the decisions he makes will not only affect the employees of the firm, but the lives of everyday Americans from coast to coast as well. Kevin Spacey, Jeremy Irons, Stanley Tucci, Demi Moore, and Paul Bettany co-star.
CREDITS:
TM & © Lionsgate (2011)
Cast: Paul Bettany, Zachary Quinto, Penn Badgley
Director: J.C. Chandor
Producers: Sean Akers, Robert Ogden Barnum, Michael Benaroya, Joshua Blum, Kirk D'Amico, Neal Dodson, Cassian Elwes, Rose Ganguzza, Anna Gerb, Daniel Hendler, Joe Jenckes, Lawrence M. Kopeikin, Susan Leber, Randy Manis, Corey Moosa, Zachary Quinto, Laura Rister
Screenwriter: J.C. Chandor
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The mark of a truly excellent actor is how they can steal a movie while surrounded by other great actors. Paul Bettany is a truly excellent actor.
his performance in Gangster No. 1 is one of my all time favs
He’s in Sharpe too at the Battle of Waterloo
Max Brazil - That is for sure!
He did steal this film
And to think some producer type told him his career was over; I'm so happy he got the JARVIS role :)
'you learn to spend what's in your pocket' that is the truest statement in this movie
Heh. As true as it is? It's not even close.
The key is to keep money moving. Not spend it, not save it but invest it
Lifestyle inflation
It's not just that. The living expanses in the cities rises the closer to the center you work/live. And public image is extremely important for anyone who interacts with customers so he needs the best of the best in terms of clothes/cars etc.
The fact that he saved 550k (150k for his parents 400k for himself) which was almost half of his income after tax is fairy impressive.
Not true, ive got a lot of savings which i invest in stocks and teal estate, i could easily buy a $100k car but i love to see my capital grow rather than spending it, i don't own a car, i share my apartment, i but phone not expensive than 250$, i don't spend on things, i do spend some on travel though
he puts one third of his salary away for rainy days and sends 150k to his family. i liked it.
Putting away 33% of net pay is reasonable.
Probably because his parents didn't save anything for a rainy day.
Yeah and anyone making less than 100k can't even put a tenth of it away. I make 58k and that's exactly what my net worth is right now. I'm 36.
@@kdpowers never give up, you are still young
Money management to the fullest extent! Dope !
150k to his parents to keep them going. That's a good son.
That’s the dream
Most ppls parents would want you to help a bit but invest most
It’s also a good way to keep money safe. Retirees won’t spend all that money... they’ll invest it or keep in a bank...
Yeah i rate that.
Now there's a good boy.
"its not the fear of falling, it's the fear that you might want to jump" epic !
There is a highway overpass that i pass over sometimes. I looked over once and thought what it would be like to jump. Now i'm afraid to go near it if i do i run across.
chist-j G , “Don’t do that.” Sounds more epic.
The call of the void.
Just screenplay writers borrowing ideas and failing to properly attribute them:
“Vertigo is something other than the fear of falling. It is the voice of emptiness below us which tempts and lures us, it is the desire to fall, against which, terrified, we defend ourselves.”
-Milan Kundera, The Unbearable Lightness of Being
It's the freedom to choose death, originally-attributed to Soren Kierkegaard, the existentialist.
That thing he says about jumping off the edge is actually a quote from Kierkkegard, it's about how humans have an instinctive knowledge about how powerful they are, since they can choose to end their life at any moment, and how fleeting and fragile life truly is.
Although depressing, this realisation of mortality is supposed to empower you, to appreciate life more and to follow your dreams.
The power to kill oneself, yet the power to control life. The greatest power on Earth.
L'appel du vide
Not just that they can choose to do it at any moment, but that there's no sure way to prevent oneself from choosing that in the future. That your future self is beyond your ability to control or predict. That decades of choosing life matters not if, for just a single moment, you choose death. Every time you drive, you possess a knife, you stand beside jumpable railings, your live is left precarious. You must trust your future self, despite knowing every hypocrisy, every stray thought, every weakness, every inconsistency within yourself. You must trust, but you can't, if you're honest with yourself you cant, you know you're not trustworthy, you know you make mistakes, you know you lose control sometimes.
And so you stand on the edge, you query your mind "can i jump?" and it responds "yes" and you wish it said "no", maybe even delude yourself into believing that was the answer. But death's embrace ever looms, unwavering, never departing, its beckoning mercifully silenced by ignoring it
in freedom you must chain yourself. It is only in chains that you can be free
@@the1exnay very well said
Only weak and stupid people kill themselves
Paul Bettany: "I've been at this company 10 years and I've seen things you people wouldn't believe. Attack ships on fire off the shoulder of Orion. I watched C-beams glitter in the dark near the Tannhäuser Gate. All those moments will be lost in time, like tears in rain. Time to die."
This is the best thing I have read. 😁😁
“It’s too bad you won’t make money, but then again who does?”
It was a rainy day I guess
Blade runner
@@TheDanrox110 within financial systems, interlinked
'you learn to spend whats in your pocket'. So true-- i was perfectly fine spending at my wage 2 years ago-- then i got promoted at a higher wage. Adjusted my spending habits to fit it,, now i cant imagine making less, that's how people get sucked in to staying at jobs they hate or aiming for more more more
It's called being American. Where almost everybody is living paycheck to paycheck no matter how much they're making. There are Brain Surgeons struggling right now because the virus has stopped elective surgeries. They make $50,000 instead of $100,000 for a month and they are in trouble and have to max out a credit card.
It's not just that people are 'fools' about credit. A lot of people don't get good opportunities (you can fill in info on that debate Elsewhere). A lot of people can't get that promotion so easily and they know/ think thats the best they're going to get.
A lot of people, myself included, use their money to help elevate others. I didn't have a lot growing up due to circumstances, now that i have a good job i use that money to treat my parents, to help pay school fees so my brothers can have a better experience than i ever did, to help my extended family when they're in the red. having more money is a step to getting ahead in life.
while this video/quote is talking about people living beyond their means, i feel like it can also be used to discuss how people view and talk about money, how they base their whole image/worth on how much $ they make and how that in turn shows how they treat others. It also shows how ignorant people are on money and how others are willing to keep others in the dark to get one over them and make money off of them. It's good that after 2008 it became more accepted to discuss money,
one of my big pet peeves is how people call others fools when they don't have a full story of the situation. Not everybody lives like this yeah, but not everybody has the same starting point when it comes to money. Look at all the kids getting into debt to afford school vs those kids whose parents are paying for their tuition vs those parents bribing the school so their kids get into the school. Don't mock people that can't afford stuff, the person you're laughing with might be in the same boat.
Everybody deserves to live a happy life; don't forget to buy flowers. remember, it helps brighten your world during dark times.
@Real Thailand credit cards are good as long as you know what you are doing.
I was laid off from a job I hated anyway, now I make less but enjoy my work. I still save a fair bit.
@@wildchangjr.8998 Yeah, as long as you pay it off in full every month.
2 things I learnt from this scene:
1) Expenses always rise to meet the income
2) Money doesn't necessarily make you happy. Sometimes, paradoxically, it's just the opposite
Money always makes you happy. What might not make you happy is, what you had to do to earn it.
I think the chasing the money makes you happy because you have a goal in life but once you've reached your target, you get depressed because 'Now what?'.
Point 1 is not true, he said he saves $400k. Unless you count saving as an "expense"
as your island of income increases so does your beach of expenses.
Money doesn't make you happy above a certain amount
Percentage wise Will is actually pretty conservative with his money.
1/2 to Tax
300k Mortgage
150k Parent Gift
150K Car
75k Restaurant
50k Cloth
400K emergency
76k on Hookers (tax deductible)
Not if you're going to upscale restaurants in NYC
Agree. 30+% of net set aside in cash is probably not something that many people in his position would do. Assuming that the $150K car is only once every 7-10 years, that's another big chunk of cash that he can set aside next year. Add to that the equity he is building in his NYC apt at 300K per year and he is doing pretty well. 25K per month is a $5mil mortgage after all which for someone in his position isn't outrageous (only 2x gross income) and I halfway suspect someone like Will might buy a 1-2 million dollar place in NYC, finance it for 30 years and then just throw $300K on it every year to pay it off early.
Realistically if you don’t fork over 150 grand for your parents, buy a 80 thousand dollar car instead and don’t waste 75 k on hookers you’re saving a extra 300 k, which is reasonable
Or just three star restaurants. He needs to avoid the expensive hookers and just do street walkers.
The Aston Martin is around 350k I think.
$76,520 expenditure on hookers, booze & dancers.....and you still get to claim it on your taxes as 'entertainment'. I need a new career!
Think he meant he can claim it as entertainment from the firm. So the firm will cover his expenses as "client entertainment"
I know a Sales VP that does this.
If you start a business, you can expense almost anything to it. That’s why you either buy a rental or join an MLM 😂
@@therealneal3034 what’s a mlm?
@@anthonygumbo2977 multi level marketing. So think AMWAY or that cousin or friend you havnt heard from since hs calling you telling you he has a business opportunity to retire young while recruiting people for dream trip discounts and a foot cream venture. The problem is bad salesman gave a decent setup a bad stigma.
Still one of the best under rated movies with greatest cast and lines
True
They have vision in the movie
LOL
Definitely not underrated. Together with Big Short one of the two best movies about the mbs-crisis.
It's not underrated, it's legendary.
Bettany's reflection on how fast the money goes is also much more interesting to watch right after you consider the scene where Spacey proudly announces the million dollar bonus for the traders who succeed in the fire sale.
Those traders/sales will need them as they're effectively blackballed out of the industry with their name in mud for instigating the crash of the MBS market. It'll be the last paycheck they have directly from this industry.
Also to think after taxes that 1.4 is 700, and the 1.3 is 650. With a 93% success rate in both departments.
Maybe... They can land on their feet later
It’s the “not today” while looking skyward part that makes me chuckle about the pressures of working on Wall Street.
I work in mortgage banking and have an exterior observation deck on the 20th floor. The joke that we all make is that whenever someone says they’re going up to the 20th that “I’ll hold your hand while you jump”
"How did you spend all that money?"
"I didn't. I saved $400,000.00 and gave $150,000.00 to my parents."
Part of the mortgage goes to the equity as well
"You know the feeling that people experience when they stand on the edge like this isn't the fear of falling, it's the fear that they might jump"
I'm fascinated by this quote since i've first heard it.
"L'appel du vide" (call of the void) is the French expression for that feeling. Those crazy thoughts you get about turning your car into oncoming traffic or throwing hot coffee in the face of your dining companion. Or jumping off a building in this case.
Naah I'm always afraid that I'm going to trip and fall face first into the abyss.
@@HeFilmsTheClouds69 Or spit in a benefactors face (teacher, interviewer, boss).
I experience this feeling constantly, however my brain goes one step further it actually imagines in pretty clear detail what would happen if I did it, its not fun
Marcus Watkins look at harm ocd, you might have it. Also, one thing I’ve noticed that helps me is meditation.
As someone who experiences exactly what he said - that clip of Paul Bettany jumping up to sit on the railing still makes my stomach turn
Love the subtle shift in their tone when they realize he's not kidding...
Dude gives almost a quarter of a million dollars to Charity…and Vanessa, oh and Skyler and Jessi…
People claimed he wasted a lot of money but he really didn't
He wasted some
But his house was paid for
Saved some
Gave some to his parents
3:12 WC Fields: I spend half of my money on gambling, alcohol and wild women, the other half I wasted.
@@dyingearth He had 1.2 million after taxes. Gave his parents 150k, mortgage 350k, savings 400k. So he really spent only 300k in one year, half of which was on the car.
I took it that his mortgage was $300K per year, not in total. That's $25K/month. Not unusual in NYC, but his house is not paid for. And this was right before the housing bubble burst and equity dropped. He may have been under water a year later.
'They do not lose money, they don't mind everybody else does but they don't lose' Period !
You learn to spend what’s in your pocket.
Bullseye 🎯 he nailed that one, so true
I still need to learn that lesson
@@AutomaticDuck300 alright 🍋
Can we appreciate how Zachary Quinto's hair dances in the breeze
It is a little homage to blade runner. Stand on roof, little speech of 'iv seen things you wouldn't believe' (with the self conscious chuckle).
He even looks a bit like Roy Batty. Nice catch!
Just because he happens to say the same thing doesnt mean its a referance.
"All those moments will be lost in time, like money in this financial crisis. Time to jump…"
@@georgeofhamilton It's too bad he went broke. But then again, who doesn't?
@@davecrupel2817 In this movie it does. This movie has more subtle "aha" details than any other I can think of. The director must have spent years obsessing over every minute of it.
(You learn to spend what’s in your pockets)
Fantastic but true quote
Peter with the quick maths. No wonder he was a rocket scientist before joining the firm.
You just get better at it when you have to nearly 4 hours everyday.
Quinto is razor sharp, a tremendously focused talent, I hope he doesn't waste it typecasted as the new Spock.
There a lot of great actors that struggle to pay the rent each month. Spock pays the rent.
In this film, he is the firm's numbers guy, their quant. I.E., their Mister Spock. Would you rather be stuck playing an idiot in every role?
Yeah...Jim Carrey, basically. 😉
"When all is said and done, they do not lose money. They don't mind if everybody else does but they don't lose"
As a teacher for 22 plus years, I said to a first year teacher this year, "the more you make, the more you spend." It was my forewarning to him. Now he has to live with it.
Criminal how underpaid our teachers are
@@Ringperfect Where? Arkansas? In BC Canada not only are teachers making huge coin, they even do that in Alberta (Texas of Canada) AND have the richest pension fund in North America. plus you get 3 o r12 months off a year, and Canada doesn't have all those after hours activities so many American teachers get sucked into for free.
“This company does not lose money”
The certainty did that day. It was just a loss they could afford.
They still came out better than they should have. Just think how bad it would have been if the loses weren't spotted.
Nice son sending 150k to the parents
They probably made sacrifices to send him to a good university to have a run at that career
@@oktfg They are his parents. That's the least they could do.
@@user-uq4gr5nl5o I like that Paul Bettany plays one of the more complex and fleshed out characters in the movie. Personally I think he smashes his performance outta the park.
0:26 That is true. It is called The call of the void (in French, l'appel du vide) describes this impulse to hurl yourself into, well, a void. While unnerving, it's actually a pretty common experience. It also has nothing to do with suicidal ideation.
In the Big Short, when the mortgage bonds started failing, Steve Carell's character said, "Are people jumping off roofs yet?"
"I'm a little dark sometimes!"
Great actor :)
It's crazy how high income taxes are in the US. I though these percentages (45%+ for over a million) existed only in Europe.
Depends on the income/salary
When I was made redundant in a pharma mega merger and got a package, my severance was taxed at 44%. And I wasn't even at six figures base. F***ing insane. That was supposed to replace my salary.
Federal, State, and sometimes City. And there is Social Security, but for this character that only applies to the first $168,000 or so of his wages.
It adds up.
Paul Bettany is such an underrated actor. He nailed this role 👏🏽
Underrated? He has 11 awards wins, he was in Infinity War and he was nominated for an Emmy for his role in Wanda Vision. He makes something like 4 million/year for his work. I'd love to hear your definition of "underrated".
This is defenively his best role holywood really doesn't give him good role anymore
@@shingnosis Lol I'm so done with these comments pestering every single movie comment section talking about how their favourite hollywood actor earning a billion dollars per week by following a script and appearing charming on talk shows are "so nice and humble" or "so talented" it actually makes me want to drink pulverized tarantulas
Bettany stated in interviews after the film was made that he loved every minute making the film because the script, the writing, the characters, and the scenes, were incredible and was what an actor seeks
My brother and his wife were making around 500k/year total when they moved out of the NY area because IT WAS TOO EXPENSIVE. How is that possible? Well, taxes, first of all. Then, even if you paid off your 1.2mil apartment, you still have crazy building fees that they'll charge you...just to make sure no non-rich people sneak their way into living there. Then you both work 60 hours a week, so you need a nanny, who will cost 40k+/year. Then private school is 35k+ per kid. And then maybe your buddy just had his hedge fund fail, and he needs you to front him some money to keep HIS kids in private school too. Plus your mother or brother needs some help. Plus your circle of friends have social engagements that involve eating a lots of high-end restaurants all the time, and maybe they want you to come with them on their trip to some exotic location. It adds up very quickly, to the point where you feel like nothing approaching well-off, even with that amount of income.
Nice explanation of how even quite well off people just burn thru cash without even trying
@@nevilleabbott2330 He said it in the clip, you spend what's in your pocket. Very true.
The reason is because they are not investors. That is they have their income from a salary, not from the profits of invested capital ( that is only spending the profits and not the principal invested). They are high spenders. Maby at best a saver. In the end most people living like this ends up spending it all and living a stressfull life, because there is zero contentment in consumerism after a time.
all illusions
It’s true the IRS allow for T&A 😜
EJ entertainment ......
The sides, actually - they did cure cancer.
Tom Tom listen to me, why do you hold it in ?
I’m getting this close…..
The best detail in this film is how they all keep pulling on their nostrils. Will and Seth were coked out of their heads until they got called back to the office. True Wall Street players right there.
Jeremy Irons was too
As the great Mathew Mcconaughey said: "How else would you do this job?"
Lol not at all. No they’re not. Peter and Seth are the risk quant guys. It’s deffo not the role for the cokeheads. Neither is the CEO of the biggest bank. Junkies never get that high on the ladder. They either stay where they started just earning enough to feed their habit, or they move to low-level illegal activities, as described in the Wolf of Wall Street.
@@berliozmeister Dude watch their mannerisms throughout the movie. The actors are clearly trying to portray that they were doing blow in the bathroom with some club slugs at that trendy club in the center of Manhattan before Peter called them back. They have lots of money and were having a good night on the town in a classy expensive club hours before and they're fairly wealthy. I'm not a coke head but I have done some and been around lots of people who have enough to see the obvious signs when they're presented and they're all right in front of you in this movie.
@@berliozmeister You are delusional if you think people extremely high up on the corporate ladder don't do coke. If you live in a big city or work for a moderately big company look around a bit, to your coworkers, your boss, your boss's boss. You may be surprised.
Recently I've started working at a place where I need to walk across two bridges each day. I usually watch UA-cam on my smartphone as I walk. When I cross those two bridges I'm almost always considering throwing my phone into the water. I think my subconscious mind is trying to tell me something. Anyone else feel the same ?
if you are one of those guys who walks down the street watching youtube on his mobile phone, might i suggest you join the mobile phone on the quick drop? ;-)
Same but I feel like going with it as well
@@zefwyn6793 I'm sorry to hear that. Anything you want to lay off your chest ?
those are just intrusive thoughts your brain sends you to remind you NOT to do something. When you cross the bridge, your brain knows it's within the realm of possibility that you could lose your phone. It really doesn't want you to do that. So in order for it to make sure it doesn't happen, it sends the idea into your head, which will illicit a painful mental reaction at the idea in your mind, and make you clutch your phone even harder.
Or, maybe your brain just really wants to know if it'll float. Who knows
Its called the "call of the abyss."
Wow. The actual shot looking onto 34th street and where the firm is set, One Penn Plaza, are actually accurate. Not some typical stock footage that other films use just to create a sense that it’s set in NYC. Nice detail.
The whole movie was filmed on a single temporarily unused floor of one of the skyscrapers there, probably the one where it is set. The director's dad worked in one of those places and took the son to work sometimes, the fact that he grew up in that environment probably helped him figure out the logistics.
Yes but there is one detail they got wrong. Helicopters landing on roof tops in NYC was banned in the 70s.
Dollar Bill would like a word with this guy.
Dollar bill and this character would be a good fist fight.
@@doublehh666 dollar bill would make good fight for a handicapped
The only problem with earning that much money from a job is that you can never quit.
Golden handcuffs. At the end, even Sam who wants out realized he still needs the job (divorce and paying 2 mortgages will do that). The options he had in the company also mean he cannot walk.
@@msa7020 Options means stock options, they're stocks in the company that the employee are allowed to buy provided they are still employed at the strike date. Usually they're priced advantageous for the employee than the market price.
On the last scene when Sam was trying to quit, he mentioned that he wants out, and his option released (meaning that he's allowed to sell them, if they're still worth anything).
Option is a method of company to lock in their top talents. They usually have a future date when the employee can cash them in, however, in those case, the options are usually rollover with a newer and larger package. Hence the term, golden handcuffs.
If he's saving 400K a year (and presumably getting interest off it) he's not spending everything or going broke: brewster's millions will not be his.
Probably putting it into a mix of stocks and bonds. Maybe some with credit union and saving accounts, CDs, and more. A lot of that will take a hit with the financial crisis.
300k per year mortgage will eat through his savings pretty quickly if he loses his job.
@@Daz555Daz 25,000 per month mortgage payment. Imagine that house ?
He's saving 400 plus a large part of the 300. Basically he's saving half his income, pretty smart
"I seen things you ..." he chuckles because he caught himself quoting the "Tears in rain" monolog from Blade Runner
You know what, not a single one of them leaped in 2009. They all were bailed out and lived happily ever after. People in 1933 had much more integrity and honor.
These guys were the middlemen.
Taking scraps from the big demons and knowing they might be left in the wind if the hammer ever came down.
It's evil work, but evil can be stressful for little goblins and gargoyles.
@@JoshSweetvale Well, gulag and na-zi concentration camp guards also were middlemen. They just followed orders.
@@easygamingwwiigamingchanne729 Yes.
Will is by far best most intresting character in the movie
The first time I hiked to the top of half dome and looked over the edge, I felt exactly the same way....20 years ago. Everytime I do that hike that debate uncoils inside my brain for a few fleeting seconds.
a base jumper is inside u
“Yeah well am a little dark sometimes”
I paid $50,000 for my house, $2,500 for my 2002 F-250 Crew Cab 4X4 and $17,000 for my wife's new KIA SOUL.
I paid $12,500 for 5 acres, 1/4 mile deep and 270 foot wide about 70 miles from our house in the city.
I am 54, but I retired at age 39 and I am smart because I could retire when millionaires and billionaires can't.
Folly says to buy the cutting edge of technology, homes and entertainment, but Wisdom shows how to retire when it matters.
What was your net worth at retirement? Not counting house/car value?
A partial insight into the absolute narcissism at the upper levels of investment banking.
$150k to his Parents! I like it❤️
Yes, director trying to slip in there that he is a good man despite what he is about to do on the job.
Anybody else want to recite the quote about jumping, like we all didn’t just watch it? Or we all tapped out now?
great scene, great movie, great actor.
I like this movie a lot more than The Big Short. You really feel like you're there living the experience of this disaster along with them. Truly fascinating how much money these guys make and how casually they spend it.
I have watched most of these clips, I might have well watched the whole movie again
Great acting but you married my wife Connelly!!!
So that would be 12% of his income (after taxes) going to his parents. That's nice.
Hard to believe the 150k per year on cars though ...
He did drive an Aston Martin DBS or something in movie for a few scenes
lol... have you ever bought a car outright dude? was not a monthly payment x 12
@@ericwsmith7722 I have. But considering his high position, he's been in the company for at least 7 years. Do you buy a car every year ?
@@ThatOneDude7 its a status symbol, latest and greatest.
If you are counting car payment car taxes insurance and maintenance depending on the car could be close to that
I get needle pain in my hands and they get sweaty too because I'm terrified of heights.
Bailing those banks out really made some cats rich
@anthony rubio well they all have paid the money back, it was not a free money.
there was 5 % pa interest for first the five years than 9 % pa .
they only needed some cash for short term, most of them(jp morgan, wells fargo and goldman sachs etc) didnt even needed them but were forced to take by the feds to hide the weak banks(that could fear run on the banks).
the government have made 105 billion usd in profit alone.
@@keshav4203 What is your evidence?
*_"I can claim most of it back as entertainment"_*
*_"Entertaining clients"_* .....accounting expense code for taking *_"whales"_* to massage parlors, strip clubs and other *_"happy ending"_* establishments in banking.
Will is the lead floor salesman, as seen in the fire sale scene, he have a very extensive list of clients and trading counterparts.
The lack of cocaine in all these movies is kind of annoying. These guys are all massive addicts.
Check out Tuld with the constant nose rubs and sniffs though
he spend that money just about right. 😁
ok
1:17 on point
True... i got 7 k per month with my wife, after tax, together monthly and dont safe to much.
House, Kids... not long ago i thought : how you survied as a student with 700 bucks ? 😅
I’m barely making it with $1500 a month I feel I have no time to even clean sometimes. My priorities feel out the window
So many great things at this scene starting from Bettany's superb acting. The thing about fear of hights, they never lose money they will find a way, sending 150k to his parents, stashing some away for rain day.
There is no tax break for personal entertainment.
He'd probably get his expensive accountant to make it look like he was entertaining clients, obviously he's exaggerating when he says "most", but that makes the joke funnier. Usually it goes for meals and low volume entertainment (where you can have a business discussion) Booze and the like are pretty difficult to pull of but with the right amount of grease you'd be amazed what rich corporate fucks manage to deduct.
I think he meant that he can claim it back from the firm for client entertainment expenses
Claim it as a "work trip"
He puts it on their tax return and at his tax bracket saves about 35k per year. His chance of being audited is less than 5%. Then if he is audited he just takes the hit for that year and yes get a 50% penalty for gross understatement of his taxes but these kinds of guys live with the stress of far greater risk every day.
he is a managing director, the firm covers the fees for entertainment
Pfft! With that kind of money I could take another degree. I could afford to go to Harvard and buy a new house, a motorcycle and give some to my family.
When you make that much, the tax man does take half of it.
"I spent a lot of money on booze, birds and fast cars. The rest I just squandered." - George Best
Margin Call is the perfect movie.
underrated
''Not today''. Aria knows that's what you say to death.
I hate to say this, but having been there at the time and brushing shoulders with this world, this is pretty much accurate.
I spent many thousands of dollars on booze, loose women, and gambling... the rest, I just wasted.
This is so true "You learn to spend what's in your pocket". I used to survive just fine on a small budget in college for the essentials. Now with a wife + kid and a $160k Household income.... I'm somehow scratching my head on how we spend most of the money
It's not really spending, when you put 400k away as savings, though. You could also argue that paying a mortgage isn't spending either as you buy an asset for it. So, basically, he only spend 550k out of the 1,250k. Still a lot of money but far away from "spending it all".
The entire cast of this movie even the supporting actors is just A-grade celebrity actors. Proof you don’t need any special effects, wardrobe or places to create a historic piece of art… insane
Peter say "how can they do that " from a moral standpoint,,,, lol... what a greenhorn
Mr. Irons comes off as someone you could be brutally honest with while at the same time, you are scared sh!tress to be brutally honest with even when he tells you to do so.
2.5 million spent: taxman took 1/2=1.25 mill left -300k house -150 for pops =800k -150k car -75k restaurants -50k clothes -400k savings =125,000 -76,520 on "entertainment" = 48,480 left. nice.
By that equation, he'll be saving 4mil out 25mil earned in 10 yrs....thats 16% savings....just my mathbrain curiously calculating😁
Dude spending $75k on restaurants every year? That's $200 a day lol
meanwhile I contemplate if I should spend $4 at Mcdonalds or just save money and have some cereal.
In the upper levels of finance bankers will spend even more than that. Not hard when you’re also likely courting your boss or acquaintances out for dinner or lunch at a high end spot and picking up the tab. People who are rich usually flaunt their wealth by also paying for others lol
Will is an executive, so his lunch is probably covered by the firm. But expensive dinners can easily go up to 500$ a meal. Vines are expensive too.
200/day on food? yeah so what's the problem?
I can see its very possible, but how does he not have gout?
The view must be from One Penn Plaza looking down at 34th and 7th.......
2½ mil, taxmen takes ½, thats pretty quick to lose ½....
$76k well spent, the rest of the money he wasted
"Not today!"
who knew JARVIS was pretty darn morbid
Consider who his creator is, and what he's seen his creator do.
Great scene
$75,000 on restaurants wtf
Margin Call showed how the whole corporate banking system is so messed up, yet we continue to let it happen. Too big to fail, right? 😑
its not that you want to jump makes you like shitting in your pants. when you are a successful banker, a simple failure makes you put an end of your life. with my own eyes i saw a man who failed for the first time take his own life (happens to be a banker). the thought that you are NOT invincible (when you are highly successful at your job) makes you go nuts.
danny garcia They go all in... All in on margin.. Then they get rekt!
danny garcia I committed suicide last year aswell due to bank issues.
Bankers offing themselves, oh how very sad.
'highly successful', look up survivorship bias
It is crazy to spend on that level, BUT at least he now OWNS all that stuff, at least from what he itemized. If you're debt free with a free and clear home, car, and nearly half a million in savings, and you've satisfied your tax obligations, that can all be kept and maintained at a much lower level of income if necessary.
It may not be the standard of living ones grown accustomed to, but he's far from losing everything, at least that's how I'd look at it.
Of course, the character spent $40k more than I make a year on just clothes so what do I know?
You make 10 grand a year? wtf..
Right? What? Lmao
Bettanys character has lost his soul to money, that's why he jokes Not today! He's in a dark and empty place.
75k on restaurants alone? Im barely struggling making a third of that a year
new york will do that to you, or Chicago, or wherever the hell they are
Tbh Paris, NYC or any global financial city will have that price on formal restaurants
Ffs eating in the eiffel tower is like 1000-5000 dollars
EASY btvbrndn, I've dropped $1k for 3 people in one night on dinner and drinks.
Probably pays for the whole table, rents out a restaurant once or a few times a year, things like that.
Well figure you're going to restaurants that are $300/person, then you order a couple of $1000 bottles of wine...that's hardly atypical. Do that a couple times a week, and bam, you're at 75k.
Peter Sullivan's hair looks different in this clip.
One of the best flicks imo
Any guesses on the sorts of horrible things Will saw prior to this that make him so sure that they'll move Heaven and Earth to avoid losing money?
50% to the tax guy, specially if you are wealthy, makes no sense at all
When I had a company, I was able to reduce my tax payment with restaurants, bars, taxis receipts.
Woooh No today! I felt that way before
It goes quickly then proceeds to say he saved a third of it