The beginning when Dale (Stanley Tucci) gets fired. I know it's a movie but watching a person get laid off after working for a company for an extended amount of time, sitting there and listen to the corporate script of a lay off is gut wrenching.
Does anyone think that it was utterly silly of Dale trying to protest to the two ladies that it was a mistake to lay him off because he was in the Risk Management? I mean, what can these two ladies do? They must be from the external party outsourced by the firm to handle the mass layoff processes. They are just merely going through the motion, the SOP, after given a list of names from the HR department. No amount of protests and explanation to these external parties would do any good, do they?
When Will and Seth are waiting for Will's car in the garage to go get Eric Dale and Cohen comes down. Cohen told Will that they had reservations about Sam being on board with what they were going to do and that if Sam was not on board, they wanted to be sure Will was. Will could have seized the opportunity and threw Sam under the bus but he did not, emphasizing to Cohen that he and Sam had the same interpretation of how things were.
When they realized Pete Sullivan was a rocket scientist.
But then Pete had to "dumb it down" to explain the problem to pretty much everyone. i.e. no one knew crap what was going on with all these sub-prime mortgage packages, CDOs, how they worked, or what their real value was. All they knew is they were making money and who gives a damn the consequences to ordinary folks. And the banks were more than happy to keep giving out sub-prime loans to people who couldn't afford them because they just resold them to another bank who packaged them up into these CDOs. Everyone made money along the way, until the bubble burst.
So many nice things in this one but one really really cool scene was when Simon Bakers character took lead at the meeting and very quickly concluded they hadda sell all of it today and then told Demi&Spacey that they could do their calculations for 45 minutes if they needed that to get to the same conclusion as he already had and then he went to call the man (Tuld)
That's how you start a recession!
_______ "if seagal was thinner this could have been a theatrical product."
My favorite part is when Spacey is on the phone and asks Bettany to just email him and Bettany says "I don't think that would be a good idea" and Spacey understands really quickly that it's something they don't want to have on record and heads right for the office.