Being a huge fan of the original 1987 release of Wall Street, I went into the theatre expecting the original rush the film gave sense of being part of Wall Street. All of the elements that were part of the original; rush, risk, big money numbers, moral and ethical dilemmas and more! Were all there in the Money Never Sleeps, but not in the sense or style the original told the story in.
Following the end of the original release of Wall Street, the movie picks up with the release of Gordon Gecko back into the wild. As the film continues more characters are put on screen to fill in the elements; all triggers are pulled here by resourcing characters pertaining to the past and present. Simple and predictable conflicts arise with chemistry very little or no anticipation because of the simple styling.
Story tries to backdrop on modern events of financial crisis; focusing on moral hazards. It moderately shows cause and effect of events displayed through financial graphic charts and media announcements of non literal information. It narrows down onto the top company execs fighting and losing in the corporate wars, to extent of life and death but for all the false reasons but money and power.
There is very limited character development and shallow story lines, with an all inclusive package of love, respect, honor, revenge, betrayals and so forth. But the most important thing which is the evolution of the character, under even the smallest development was not there because the story had an irrelevant conclusion due to the lack of detail and linear point of interest in the film.
The film was not all a disaster; it does showcase the true mentality of people in the social class being played, but with certain twists to fit the story.
Money Never Sleeps played down Wall Street into a cubical, by ignoring the entire reality of the system which was better shown by the original. It tries to show that Wall Street is not what once was in the trading floors and analog control; but the reality is that Wall Street has been evolved to a much larger scale where no amount or size of trading floors could fit. It expanded into the streets and all palaces where information can matter.
The true sequel of the Wall Street is Boiler Room!
Comment:
The film focuses on certain points, three of which I will choose to discuss in a short paragraph, each are; Moral Hazard, cause and effects of financial system meltdown and relationships. I wanted to add ethics but that will be another article on its own. I would also like to add that the points I want to make here are not in judgment of the film but rather an opportunity to talk about them.
Moral hazard is something that the film used to blame Wall Street as one of the main causes of the financial meltdown. While I do agree with the idea of moral hazard and it does exist in the all factors of life. I believe that moral hazard is not possible without an uneducated participant at the opposite end.
Cause end effects of the financial meltdown are very complicated as we all know, but the film does extent to say that it is a systematic event where it crashes and simply bubbles again until another bubble and crash. Many financial analysts are calling for an innovation in the financial systems where there would be no more bubbles, but the reality is the financial innovations cannot happen without a creating a better and more profitable system. The reality is that we need improvement over innovation, meaning that we have take what we have and make it better not completely change it around. Because the government tried innovate by bailing out the systems and take control of the public companies and it started to look like socialism.
Relationships are the most important thing that we have in our lives; we must utilize all factors defining each and specific relationships both good and bad.