The Big Short | |
---|---|
Theatrical release poster
| |
Directed by | Adam McKay |
Produced by | |
Screenplay by |
|
Based on | The Big Short by Michael Lewis |
Starring |
|
Music by | Nicholas Britell |
Cinematography | Barry Ackroyd |
Edited by | Hank Corwin |
Production
companies | |
Distributed by | Paramount Pictures |
Release dates
|
|
Running time
| 130 minutes[1] |
Country | United States |
Language | English |
Budget | $28 million[2] |
Box office | $121.3 million[3] |
The Big Short is a 2015 American biographical comedy-drama film directed and co-written by Adam McKay.[4] It is based on the non-fiction 2010 book of the same name by Michael Lewis about the financial crisis of 2007–2008, which was triggered by the build-up of the housing market and the credit bubble.[4] The film stars Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt.
Distributed by Paramount Pictures, the film began a limited release in the US on December 11, 2015, followed by a wide release on December 23, 2015.[5][6] The film is nominated for five Academy Awards, including Best Picture, Best Director, Best Supporting Actor for Bale, and Best Adapted Screenplay.
Contents
[hide]Plot[edit]
In 2005, eccentric hedge fund manager Michael Burry (Christian Bale) discovers that the U.S. housing market is extremely unstable, being based on subprime loans that are high risk and providing fewer and fewer returns. Predicting that the market will collapse sometime in the second quarter of 2007, he realizes that he can profit from this situation by creating a credit default swap market, allowing him to bet against the housing market. He visits several major banks and investment dealers with this idea; these firms, believing that the housing market is secure, accept his proposal. This earns the ire of Burry's clients who believe that he is wasting their money and demand that he stop his activities, but he refuses. As the predicted time of the collapse approaches, his investors lose their confidence and consider pulling their money out, but Burry puts a moratorium on withdrawals, much to his investors' anger. However, the market collapses just as he predicted and he produces 489% profits from the plan.
Trader Jared Vennett (Ryan Gosling) hears of Burry's actions from one of the bankers he dealt with, and soon realizes that Burry's predictions are likely true. He decides to put his own stake in the credit default swap market. A misplaced phone call alerts hedge fund manager Mark Baum (Steve Carell) to his plans, and Baum is convinced to join Vennett. The two discover that the impending market collapse is being further perpetuated by the sale of collateralized debt obligations (CDOs), groups of poor loans that are packaged together and incorrectly given AAA ratings due to theconflict of interest and dishonesty of the rating agencies.
When Baum attends the American Securitization Forum in Las Vegas, he interviews businessman Mr. Chau (Byron Mann), who has created synthetic CDOs, making what is described as a chain of increasingly large bets on the faulty loans. Baum realizes, much to his horror, that the scale of the fraud will cause a complete collapse of the economy. Baum's business partners convince him to go through with the credit default swaps, profiting from the situation at the banks' expense.
Eager young investors Charlie Geller (John Magaro) and Jamie Shipley (Finn Wittrock) accidentally discover a paper by Vennett and also decide to become involved in the credit default swaps. Since they are under the required capital for an ISDA needed to pull off the trades necessary to profit from the situation, they enlist the aid of retired banker Ben Rickert (Brad Pitt). The three visit the Mortgage Securities Forum in Las Vegas, where they manage to successfully make the deals. Shipley and Geller are initially ecstatic, but Rickert is disgusted by their essentially celebrating an impending economic collapse and soon-to-be-lost lives. The two are horrified, and take a much more emotional stake in the collapse by trying to tip off the press and their families about the upcoming disaster. Ultimately, they profit immensely, but are left with their faith in the system broken.
Burry semi-retires and invests only in water, Baum refuses to say "I told you so" to the world and continues his career, Rickert returns to his retirement, and Shipley and Geller unsuccessfully attempt to sue the ratings companies, with the latter electing to move to Charlotte, North Carolina to raise a family. Almost nobody involved in the creation of the CDO bubble is arrested, andBespoke CDOs are soon sold again. The film refers to "bespoke opportunity tranches," though in reality, they are usually referred to as a "Bespoke CDO" or "Single-tranche CDO."
Cast[edit]
- Christian Bale as Dr. Michael Burry,[7] a neurologist turned hedge fund manager who started California-based hedge fund Scion Capital. He has Asperger syndrome and an artificial left eye. He conceived the idea of a household bubble from which the others followed.
- Steve Carell as Mark Baum (based on Steve Eisman),[7] the outspoken manager of Wall Street hedge fund FrontPoint Capital (based on FrontPoint Partners), who is approached by Jared Vennett to invest in the credit default swap.
- Ryan Gosling as Jared Vennett (based on Greg Lippmann),[7] a self-interested but highly talented bond salesman at Deutsche Bank who decides to short CDOs even though Deutsche itself is involved in the CDO business. He does the majority of narration.
- Brad Pitt as Ben Rickert (based on Ben Hockett),[7] Charlie and Jamie's trader and mentor, who previously worked at the JPMorgan Chase Bank in Singapore as a trader and is pessimistic about the banking industry.
- John Magaro as Charlie Geller (based on Charlie Ledley),[8] one of the founders and partners of Brownfield Capital (based on Cornwall Capital), a fledgling but up-and-coming hedge fund started in a garage and looking to make an impact on Wall Street.
- Finn Wittrock as Jamie Shipley (based on Jamie Mai),[9] Geller's friend and partner at Brownfield.
- Hamish Linklater as Porter Collins, a top staffer at FrontPoint.
- Rafe Spall as Danny Moses, the top trader at FrontPoint.
- Jeremy Strong as Vinny Daniel, the lead analyst at FrontPoint.
- Adepero Oduye as Kathy Tao, Baum's advisor at FrontPoint.
- Marisa Tomei as Cynthia Baum (based on Valerie Feigen),[10] Mark's wife.
- Melissa Leo as Georgia Hale, an employee at Standard & Poor's Financial Services LLC.
- Stanley Wong as Ted Jiang (based on Eugene Xu),[11] Vennett's mathematical consultant.
- Jeffry Griffin as Chris, Vennett's assistant.
- Byron Mann as Mr. Chau (based on Wing Chau),[12] the owner of a CDO business, who Vennett sets up as the foil to Baum.
- Tracy Letts as Lawrence Fields, Burry's boss.
- Karen Gillan as Evie, a worker for the Supreme Court of Canada.[13]
- Max Greenfield as Mortgage Broker[14]
- Billy Magnussen as Mortgage Broker[15]
- Margot Robbie as Herself (Cameo)[16]
- Selena Gomez as Herself (Cameo)[16]
- Richard Thaler as Himself (Cameo)[16][17]
- Anthony Bourdain as Himself (Cameo)[16]
Production notes[edit]
Development[edit]
In 2013, Paramount acquired the rights to the 2010 non-fiction book The Big Short: Inside the Doomsday Machine by Michael Lewis, to develop it into a film, which Brad Pitt's Plan B Entertainment would produce.[18] On March 24, 2014, Adam McKay was hired to write and direct a film about the housing and economic bubble.[4] Screenwriter Charles Randolph, who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told Creative Screenwriting, "In general it was trying to find the right tone that was slightly funnier than your average Milos Forman comedy, which is all grounded character-based but not so satirical where you got Wag the Dog. Somewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market’s movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that."[19] Two years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts.[20]
Casting[edit]
On January 13, 2015, Variety reported that Brad Pitt, Christian Bale, and Ryan Gosling were set to star in the film, with Pitt producing the film along with Dede Gardner and Jeremy Kleiner. Plan B Entertainment would finance, with Paramount handling the distribution rights.[21] Before this, Pitt had already starred in the adaptation of the author's Moneyball, for which he was nominated for an Oscar.[4][21] On January 14, it was announced that Steve Carell would also star.[7] On April 21, 2015, more cast was revealed by Deadline, including Melissa Leo, Marisa Tomei, Tracy Letts,Hamish Linklater, John Magaro, Byron Mann, Rafe Spall, Jeremy Strong, and Finn Wittrock.[22] Charles Randolph wrote the initial draft.[22] Max Greenfield joined the ensemble cast of the film on April 23, 2015.[14] Karen Gillan tweeted about her involvement in the film on May 8, 2015.[13]
Filming[edit]
Principal photography on the film began on March 18, 2015 in New Orleans, Louisiana.[23][24] On March 25, filming was taking place on General De Gaulle Boulevard in the Algiers section of New Orleans.[25] On May 8, Gillan confirmed she was shooting her scenes.[13] On May 20, 2015, filming took place on Mercer, between the Prince Street and Spring Street in Manhattan, New York City.[26] On May 22, the production crew recreated the offices of failed investment firm Lehman Brothers in the lobby of the New York State Department of Financial Services in Manhattan.[27] An assistant counsel for the Department of Financial Services played one of the extras in the scene.[27]
Release[edit]
On September 22, 2015, Paramount set the film for a limited release on December 11, 2015 and a wide release on December 23, 2015.[28][29]
On February 10, 2016, it was announced that the film would be released on DVD and Blu-ray on March 15, 2016.
Reception[edit]
Box office[edit]
As of February 21, 2016, The Big Short has grossed $67.1 million in North America and $54.2 million in other territories for a worldwide total of $121.3 million, against a budget of $28 million.[3]
The film was released in eight theaters in Los Angeles, New York, San Francisco and Chicago on December 11, 2015 and earned $705,527 (an average of $88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by Memoirs of a Geisha ($85,313 per theater),[30] and was the third biggest theater average of 2015 behind the four screen debuts of Steve Jobs ($130,000) and The Revenant ($118,640).[31]
The film had its wide release on Wednesday December 23, 2015 and grossed $2.3 million on its first day. In its opening weekend it grossed $10.5 million, finishing 6th at the box office.[32]
Critical response[edit]
The Big Short has received positive reviews from critics. On Rotten Tomatoes, the film has a rating of 88%, based on 245 reviews, with an average rating of 7.8/10. The website's consensus reads, "The Big Short approaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain."[33] On Metacritic, the film has a score of 81 out of 100, based on 45 critics, indicating "universal acclaim".[34] Audiences polled by CinemaScore gave the film an average grade of "A–" on an A+ to F scale.[35]
IGN gave the film a score of 8.6/10, praising its "energetic direction" and making "a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it."[36]The New York Times's "UpShot" series stated The Big Short offered the "strongest film explanation of the global financial crisis".[37] Vermont senator and 2016 presidential candidate Bernie Sanders endorsed The Big Short as an "excellent film".[38][39]
Accolades[edit]
Award | Category | Recipients and nominees | Result |
---|---|---|---|
Academy Awards | Best Picture | Dede Gardner, Jeremy Kleiner, and Brad Pitt | Pending |
Best Director | Adam McKay | Pending | |
Best Supporting Actor | Christian Bale | Pending | |
Best Adapted Screenplay | Adam McKay and Charles Randolph | Pending | |
Best Film Editing | Hank Corwin | Pending | |
American Cinema Editors Awards | Best Edited Feature Film – Comedy or Musical | Won | |
American Film Institute Awards | Top 10 Films of the Year | The Big Short | Won |
Artios Awards | Big Budget – Comedy | Francine Maisler and Meagan Lewis | Won |
British Academy Film Awards | Best Film | Dede Gardner, Jeremy Kleiner, and Brad Pitt | Nominated |
Best Director | Adam McKay | Nominated | |
Best Adapted Screenplay | Adam McKay and Charles Randolph | Won | |
Best Actor in a Supporting Role | Christian Bale | Nominated | |
Best Editing | Hank Corwin | Nominated | |
Critics' Choice Movie Awards | Best Picture | The Big Short | Nominated |
Best Comedy | The Big Short | Won | |
Best Editing | Hank Corwin | Nominated | |
Best Actor in a Comedy | Christian Bale | Won | |
Steve Carell | Nominated | ||
Best Adapted Screenplay | Adam McKay and Charles Randolph | Won | |
Best Acting Ensemble | Christian Bale, Steve Carell, Ryan Gosling, Melissa Leo, Hamish Linklater, John Magaro, Brad Pitt,Rafe Spall, Jeremy Strong, Marisa Tomei, and Finn Wittrock | Nominated | |
Directors Guild of America Award | Best Director | Adam McKay | Nominated |
Golden Globe Awards | Best Motion Picture – Musical or Comedy | The Big Short | Nominated |
Best Actor – Motion Picture Musical or Comedy | Christian Bale | Nominated | |
Steve Carell | Nominated | ||
Best Screenplay | Adam McKay and Charles Randolph | Nominated | |
Hollywood Film Awards | Breakthrough Director | Adam McKay | Won |
Houston Film Critics Society | Best Picture | The Big Short | Nominated |
Indiana Film Journalists Association Awards[40] | Best Film | The Big Short | Nominated |
Best Director | Adam McKay | Nominated | |
Best Adapted Screenplay | Adam McKay and Charles Randolph | Runner-up | |
Best Supporting Actor | Christian Bale | Nominated | |
Steve Carell | Nominated | ||
Los Angeles Film Critics Association | Best Editing | Hank Corwin | Won |
National Board of Review Awards | Best Ensemble | Christian Bale, Steve Carell, Ryan Gosling, Melissa Leo, Hamish Linklater, John Magaro, Brad Pitt, Rafe Spall, Jeremy Strong, Marisa Tomei, and Finn Wittrock | Won |
Producers Guild of America Award | Best Theatrical Motion Picture | Dede Gardner, Jeremy Kleiner, and Brad Pitt | Won |
San Francisco Film Critics Circle | Best Film Editing | Hank Corwin | Nominated |
Satellite Awards | Best Film | The Big Short | Nominated |
Best Supporting Actor | Christian Bale | Won | |
Screen Actors Guild Awards | Outstanding Performance by a Male Actor in a Supporting Role | Nominated | |
Outstanding Performance by a Cast in a Motion Picture | Christian Bale, Steve Carell, Ryan Gosling, Melissa Leo, Hamish Linklater, John Magaro, Brad Pitt, Rafe Spall, Jeremy Strong, Marisa Tomei, and Finn Wittrock | Nominated | |
USC Scripter Award | Best Adapted Screenplay | Adam McKay and Charles Randolph | Won |
Washington D.C. Area Film Critics Association Awards | Best Ensemble | Christian Bale, Steve Carell, Ryan Gosling, Melissa Leo, Hamish Linklater, John Magaro, Brad Pitt, Rafe Spall, Jeremy Strong, Marisa Tomei, and Finn Wittrock | Won |
Writers Guild of America Award | Best Adapted Screenplay | Adam McKay and Charles Randolph | Won |
See also[edit]
- Inside Job (film documentary)
- Margin Call (film)
- Too Big to Fail (film)
- Bankruptcy of Lehman Brothers
- Great Recession
References[edit]
- ^ "THE BIG SHORT (15)". British Board of Film Classification. November 9, 2015. Retrieved November 9,2015.
- ^ Thompson, Anne. "AFI FEST REVIEW: 'The Big Short' Is Smart Expose of Financial Meltdown". Thompson on Hollywood. Indiewire. Retrieved 18 November 2015.
- ^ ab "The Big Short (2015)". Box Office Mojo. RetrievedFebruary 21, 2016.
- ^ ab c d "Paramount Taps ‘Anchorman’ Helmer Adam McKay To Adapt And Direct Michael Lewis’ ‘The Big Short’ About Economic Meltdown". deadline.com. March 24, 2014. Retrieved April 18, 2015.
- ^ "Paramount pushes 'The Big Short' into awards season".CNS News. Retrieved 2015-12-26.
- ^ "The Big Short | Trailer & Movie Site | December 2015".The Big Short. Retrieved 2015-12-26.
- ^ ab c d e Kit, Borys (January 14, 2015). "Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short'". hollywoodreporter.com. Retrieved January 15, 2015.
- ^ "The True Story Behind The Big Short". History vs Hollywood. Retrieved 26 January 2016.
- ^ "The True Story Behind The Big Short". History vs Hollywood. Retrieved 26 January 2016.
- ^ "The True Story Behind The Big Short". History vs Hollywood. Retrieved 26 January 2016.
- ^ Rhoades, Shirrel (December 24, 2015). "The Big Short (Rhoades)". Tropic Cinema. Retrieved 26 January 2016.
- ^ "The True Story Behind The Big Short". History vs Hollywood. Retrieved 26 January 2016.
- ^ ab c "Karen Gillan on Twitter". Twitter. Retrieved May 21,2015.
- ^ ab "Max Greenfield Joins Brad Pitt, Ryan Gosling in ‘The Big Short’ (EXCLUSIVE)". Variety. April 23, 2015. RetrievedApril 23, 2015.
- ^ Staff, THR (2 December 2015). "'The Big Short' Director Adam McKay on Billy Magnussen Shrinking Steve Carell's Wardrobe". The Hollywood Reporter. Retrieved 26 January2016.
- ^ ab c d Finely, Dash (December 16, 2015). "The Big Secrets Of The Big Short: How Unexpected Cameos Impact The Year's Must-See Film". MoviePilot.com. RetrievedDecember 27, 2015.
- ^ "The Big Short Somehow Makes Subprime Mortgages Entertaining". Wired.com. December 11, 2015. RetrievedDecember 30, 2015.
- ^ McNary, Dave (March 24, 2014). "‘Anchorman’s’ Adam McKay Boards Financial Drama". variety.com. RetrievedApril 18, 2015.
- ^ Hogan, Brianne (January 20, 2016). "Banking on The Big Short". Creative Screenwriting. Retrieved January 21,2016.
- ^ Hogan, Brianne (January 20, 2016). "Banking on The Big Short". Creative Screenwriting. Retrieved January 21,2016.
- ^ ab Justin Kroll (January 13, 2015). "Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama ‘The Big Short’ (EXCLUSIVE)". Variety. Retrieved January 14, 2015.
- ^ ab Fleming Jr, Mike (April 21, 2015). "‘The Big Short’ Solidifies With Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt". deadline.com. Retrieved May 21, 2015.
- ^ "Brad Pitt, Ryan Gosling, & Christian Bale are headed to Orleans for ‘The Big Short’". onlocationvacations.com. February 10, 2015. Retrieved February 13, 2015.
- ^ "‘The Big Short’, starring Brad Pitt, Ryan Gosling, & Christian Bale, begins filming in New Orleans". onlocationvacations.com. March 23, 2015. RetrievedMarch 29, 2015.
- ^ "‘The Big Short’, starring Brad Pitt Ryan Gosling & Christian Bale, filming in Algiers, LA today". onlocationvacations.com. March 25, 2015. Retrieved March 29, 2015.
- ^ "'The Big Short', starring Brad Pitt and Ryan Gosling, is filming in NYC this week!". onlocationvacations.com. May 16, 2015. Retrieved May 22, 2015.
- ^ ab Matthews, Christopher M. (22 May 2015). "'Big Short' Recreates Lehman Bros. Offices in Regulator’s Building".The Wall Street Journal. Retrieved 25 May 2015.
- ^ "Paramount pushes 'The Big Short' into awards season".CNS News.
- ^ "The Big Short Website". Paramount Pictures.
- ^ Pamela McClintock (December 13, 2015). "Box Office: Ron Howard's 'Heart of the Sea' Capsizes With $11M U.S. Debut". The Hollywood Reporter. Retrieved December 13,2015.
- ^ Scott Mendelson (December 13, 2015). "Box Office: 'In The Heart Of The Sea' Is A Whale Of A Fail, 'Big Short' Strikes It Rich". Forbes. Retrieved December 13, 2015.
- ^ "‘Daddy’, ‘Joy’ & ‘Hateful Eight’ Reap Fortune As ‘Star Wars’ Halo Effect Impacts B.O…Can ‘Force Awakens’ Hit $1 Billion In U.S.?". deadline.com.
- ^ "The Big Short reviews". Rotten Tomatoes. RetrievedJanuary 20, 2016.
- ^ "The Big Short reviews". Metacritic. Retrieved January 19,2016.
- ^ "‘Daddy’, ‘Joy’ & ‘Hateful Eight’ Reap Fortune As ‘Star Wars’ Halo Effect Impacts B.O…Can ‘Force Awakens’ Hit $1 Billion In U.S.?". deadline.com.
- ^ "The Big Short Review - IGN". IGN. Retrieved2015-12-26.
- ^ Irwin, Neil (December 23, 2015). "What ‘The Big Short’ Gets Right, and Wrong, About the Housing Bubble". New York Times. Retrieved December 27, 2015.
- ^ Status from Twitter.com/BernieSanders
- ^ Bernie Sanders Endorses ‘The Big Short’
- ^ The Indiana Film Journalists Association Begins Nominations Process for 2015 Awards
External links[edit]
- Official website
- The Big Short at the Internet Movie Database
- The Big Short at Box Office Mojo
- The Big Short at Rotten Tomatoes
- The Big Short at Metacritic
- The Big Short at History vs. Hollywood
- “The Big Short” at Second City Tzivi
|
|
|
|
Categories:
- 2015 films
- English-language films
- American films
- 2010s comedy-drama films
- 2010s crime drama films
- Wall Street films
- American business films
- American comedy-drama films
- American crime drama films
- Films about the Great Recession
- Films based on financial crisis
- Films based on non-fiction books
- Films directed by Adam McKay
- Films produced by Brad Pitt
- Films set in 2005
- Films set in 2006
- Films set in 2007
- Films set in 2008
- Films set in Manhattan
- Films set in Colorado
- Films set in Miami, Florida
- Films set in the Las Vegas Valley
- Films set in Devon
- Films shot in New York City
- Films shot in New Orleans, Louisiana
- Screenplays by Adam McKay
- Plan B Entertainment films
- Regency Enterprises films
- Paramount Pictures films
No comments:
Post a Comment