By William Wolf

THE BIG SHORT  Send This Review to a Friend

In spinning a story based on fact, “The Big Short” comments on the banking scandal and those who made millions at the expense of others who lost homes, jobs and savings. The exposé, directed and co-written with Charles Randolph by Adam McKay based on the book by Michael Lewis, is an important contribution to this year’s film-going.

Some have seen this as a comedy. I don’t. Yes, there are a few amusing moments, but sarcasm shouldn’t be confused with comedy. The sarcastic ending, in which it is announced that many were punished with jail sentences and the banking practices drastically changed, is contradicted with “just kidding.” It is really still business as usual.

It takes a while for the film to kick in at full strength. Much time is spent showing those riding the tide of profits from exploitative investments and getting used to high living. Time is also spent on outlining the investment tactics, which may be hard to understand for the layman. Shop talk abounds.

Eventually, as the situation becomes dire and to prevent a collapse of institutions considered too big to fail, there is a bailout at tax payer expense. Moral isues are raised starkly, especially in a speech by Steve Carell as Mark Baum, laying it on the line as to the corrupt, detrimental financial practices, but later undercut by a decision Baum reluctantly makes.

The panorama of greed, excess and getting rich on the backs of victims has a large, impressive cast. Marisa Tomei play’s Baum’s wife, with assorted key parts played by Ryan Gosling, Christian Bale, Jeremy Strong, Rafe Spall, Hamish Linklater, Jeffry Griffin, Finn Whittrock, John Magaro and Brad Pitt.

Although the film is a valuable addition to understanding the extent of the calamity, from the viewpoin of artistry, I much prefer the 2011 “Margin Call,” which deals in a different way with the debacle. But "The Big Short” stands effectively on its own. A Paramount Pictures release, reviewed December 12, 2015.

  

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