Margin Call

Last updated

Margin Call
Margin Call.jpg
Theatrical release poster
Directed by J. C. Chandor
Written byJ. C. Chandor
Produced by
Starring
CinematographyFrank DeMarco
Edited byPete Beaudreau
Music by Nathan Larson
Production
companies
Distributed by
Release dates
  • January 25, 2011 (2011-01-25)(Sundance)
  • October 21, 2011 (2011-10-21)(United States)
Running time
109 minutes
CountryUnited States
LanguageEnglish
Budget$3.5 million
Box office$19.5 million [1]

Margin Call is a 2011 American drama film written and directed by J. C. Chandor in his feature directorial debut. The principal story takes place over a 24-hour period at a large Wall Street investment bank during the initial stages of the 2008 financial crisis. [2] [3] [4] It focuses on the actions taken by a group of employees during the subsequent financial collapse. [5] The title comes from a finance term for when an investor must increase the securities or other assets used as collateral for a loan when their value falls below a certain threshold. The film stars an ensemble cast consisting of Kevin Spacey, Paul Bettany, Jeremy Irons, Zachary Quinto, Penn Badgley, Simon Baker, Mary McDonnell, Demi Moore, and Stanley Tucci.

Contents

The film was produced by Myriad Pictures, Benaroya Pictures and Before the Door Pictures (which was the first to sign on and is owned by Zachary Quinto). It was produced in association with Washington Square Films. Theatrically, it was distributed by Lionsgate and Roadside Attractions in North America, with Myriad handling international distribution through independent distributors. The director and screenwriter, J. C. Chandor, is the son of an investment banker; the screenplay was partially informed by Chandor's own foray into real estate investments in New York City shortly before the financial crash. [2] [6] Preceding its theatrical release, Margin Call received positive critical reviews. Following its wide release, the film garnered award nominations from the Detroit Film Critics Society, along with several separate nominations for its screenplay and direction from recognized award organizations, including a nomination for the Academy Award for Best Original Screenplay. The score was composed by Nathan Larson.

The film premiered at the Sundance Film Festival on January 25, 2011, and opened in theaters nationwide in the United States on October 21, 2011. Though it grossed just $5.4 million in domestic ticket sales from 199 theaters, the film had a ground-breaking day-and-date release that earned more than $10 million in video-on-demand sales. The DVD and Blu-ray editions were released in the United States on December 20, 2011.

Plot

In 2008, an unnamed investment bank begins laying off a large number of employees. Among those affected is Eric Dale, head of risk management. Dale's attempts to speak about the implications of a model he is working on are ignored. On his way out, he gives a flash drive containing his work to Peter Sullivan, an analyst in his department, warning him to "be careful". Sullivan, intrigued, works after hours to complete Dale's model.

Sullivan discovers that the assumptions underpinning the firm's present risk profile are wrong; historical volatility levels in mortgage-backed securities are being exceeded, which means that the firm's position in those assets is over-leveraged and the debt incurred from those over-leveraged assets will bankrupt the company. Sullivan calls his colleague, junior analyst Seth Bregman, to return to work with the head of credit trading, Will Emerson. Emerson in turn summons Sam Rogers, his boss, after reviewing Sullivan's findings. Attempts by the four to contact Dale prove unsuccessful due to his company phone having been shut off. Sullivan and Bregman go out to find Dale, while Rogers and Emerson inform the company's senior management of the situation.

A subsequent meeting of division head Jared Cohen, chief risk management officer Sarah Robertson, and other senior executives concludes that Sullivan's findings are accurate, and firm CEO John Tuld is called. Upon Tuld's arrival, and after Sullivan explains the problem, Rogers, Cohen, and Tuld spar regarding a course of action: Cohen's plan, favored by Tuld, is a fire sale of the problematic assets. Rogers disagrees, pointing out that the sale will damage the firm's relationships and reputation within the industry and will cause major instability in the markets. Tuld stresses that his desire to avoid the firm's bankruptcy is worth that risk and cost.

After the meeting with Tuld, Emerson learns from Dale's wife that he has returned home. Emerson travels to Dale's residence with Bregman and attempts to persuade him to return to the firm, but he refuses. During the drive back, Bregman asks if he will lose his job; Emerson responds that he likely will but, philosophizing on the nature of the financial markets, tells him not to lose faith and that his work is necessary.

Tuld tells Robertson that he will assign the blame to her in front of the traders and the board of directors; Robertson argues that she warned Tuld and Cohen about the situation over a year ago, and that both acknowledged the risks, but fails to persuade him. Meanwhile, Dale is bribed and forced into cooperating with Cohen's plan, with the firm threatening to cut his benefits and severance if he refuses. He spends the day commiserating with Robertson.

Despite his misgivings, Rogers rallies his traders and informs them of the fire sale. He acknowledges the damage likely to be done to their reputations and careers but informs them that they will be well compensated with seven-figure bonuses if most of the traders' assigned assets are sold by day's end. As trading progresses, the firm elicits suspicion and eventually anger from their counterparties and incurs heavy losses, but they manage to sell off most of the bad assets.

Another round of layoffs begins; Rogers, upon finding out that he was spared, confronts Tuld and submits his resignation. Tuld dismisses Rogers' view of the situation by recalling past economic crises, arguing that such events always happen and that Rogers should not feel guilty for acting in his and the firm's interests. Tuld asks Rogers to stay on for two more years, and Rogers reluctantly accepts, citing his personal financial need. Tuld also informs Rogers that Sullivan will be promoted.

The film ends with Rogers burying his euthanized dog in his ex-wife's front yard during the night.

Themes

Although the film does not depict any real Wall Street firm, and the fictional firm is unnamed, the plot has similarities to some events during the 2008 financial crisis: Goldman Sachs similarly moved early to hedge and reduce its position in mortgage-backed securities, at the urging of two employees, [7] which essentially mirrors Tuld's comment about the advantage of moving first. Lehman Brothers moved second and went bankrupt. John Tuld's name is said to be a combination of Merrill Lynch's ex-CEO John Thain and Lehman Brothers' ex-CEO Richard Fuld. [8]

Cast

Production

Principal photography began on June 21, 2010, in New York City, and was shot in just 17 days. [3] More than 80% of the action was shot on the 42nd floor of One Penn Plaza, which had recently been vacated by a trading firm. [9] [10]

The film premiered at the 2011 Sundance Film Festival in Park City, Utah. The film also played In Competition at the 61st Berlin International Film Festival and was nominated for the Golden Bear. [11] [12] The film was produced by Zachary Quinto's production company, Before the Door Pictures, by Quinto and his two producing partners and Carnegie Mellon University classmates, Neal Dodson and Corey Moosa. [13]

Reception

Box office

Margin Call grossed $5.4 million domestically (United States and Canada), and $14.2 million in other territories, for a worldwide total of $19.5 million, against a budget of $3.5 million. [14]

Favorable response

On the review aggregator website Rotten Tomatoes , 87% of 170 critics' reviews are positive, with an average rating of 7.2/10.The website's consensus reads: "Smart, tightly wound, and solidly acted, Margin Call turns the convoluted financial meltdown of '08 into gripping, thought-provoking drama." [15] Metacritic , which uses a weighted average , assigned the film a score of 76 out of 100, based on 38 critics, indicating "generally favorable" reviews. [16]

The New Yorker film critic David Denby said it was "easily the best Wall Street movie ever made". [17] Philip French of The Guardian called it the "best fictional treatment" of the 2008 financial crisis. [18] Justin Chang of Variety described it as "a methodical, coolly absorbing boardroom thriller". [19] Jake Bernstein of ProPublica said that Chandor "used the financial crisis as a springboard to create the most insightful Wall Street movie ever filmed". [20] Roger Ebert of the Chicago Sun-Times gave the film three and half stars out of four, noting that it "employs an excellent cast who can make financial talk into compelling dialogue." [21] A. O. Scott of The New York Times wrote: "It is hard to believe that Margin Call is Mr. Chandor’s first feature. His formal command – his ability to imply far more than he shows or says and to orchestrate a large, complex drama out of whispers, glances, and snippets of jargon – is downright awe inspiring." [22] In 2022, Bloomberg News financial columnist Matt Levine described Margin Call as "the best finance movie". [23] Film critic Bill Wine rated it 3/4, noting in a review for CBS : "Chandor takes a gamble with a screenplay that some might see as repetitive, but works nicely to make dense material clear and understandable." [24] Chris Knight of the National Post described it as "clearly a cautionary tale" but "also a crackling good thriller." [25] Dyan Matthews of Vox wrote in 2022: "To a large degree, my love for Margin Call boils down to it being the one film that, more than any other, seems to understand the modern workplace (or at least the office workplace), and the moral compromises involved in living and thriving in that world." [26]

Roger Ebert wrote: "I think the movie is about how its characters are concerned only by the welfare of their corporations. There is no larger sense of the public good. Corporations are amoral, and exist to survive and succeed, at whatever human cost. This is what the Occupy Wall Street protesters are angry about: They are not against capitalism, but about Wall Street dishonesty and greed. ... [The cast] reflects the enormity of what is happening: Their company and their lives are being rendered meaningless." [21] A. O. Scott wrote: "Margin Call is a thriller, moving through ambient shadows to the anxious tempo of Nathan Larson’s hushed, anxious score. It is also a horror movie, with disaster lurking like an unseen demon outside the skyscraper windows and behind the computer screens. It is also a workplace comedy of sorts. The crackling, syncopated dialogue and the plot, full of reversals and double crosses, owe an obvious debt to David Mamet’s profane fables of deal-making machismo. Hovering over all of it is the dark romance of capital: the elegance of numbers; the kinkiness of money; the deep, rotten, erotic allure of power." [22]

Critical response

Mike Russell of The Oregonian rated it C+, noting that Chandor downplayed "everything to the point of mild sleepiness" and wrote "far too many variations of that Hollywood device where a character asks for a spreadsheet or highly technical financial concept to be explained to them 'in plain English, please.'" [27]

Stephen Farber of The Hollywood Reporter wrote: "Technical credits are top-notch. Frank DeMarco’s sleek cinematography of the Manhattan skyline effectively immerses us in the soulless but inviting universe where these financial dramas played out. Sadly, the script doesn’t burrow as rewardingly beneath the glittering surfaces." [28]

Accolades

Awards groupCategoryRecipientResult
Academy Awards [29] [30] Best Original Screenplay J. C. Chandor Nominated
Australian Academy of Cinema and Television Arts [31] Best Film – International J. C. Chandor, Neal Dodson, Zachary Quinto Nominated
Best Direction – International J. C. ChandorNominated
Best Screenplay – International Won
Casting Society of America [32] Outstanding Achievement in Casting
for a Studio or Independent Drama Feature
Bernard Telsey, Tiffany Little CanfieldNominated
Detroit Film Critics Society [33] Best EnsembleNominated
Independent Spirit Awards [34] [35] Best First FeatureJ. C. Chandor, Neal Dodson, Zachary QuintoWon
Best First ScreenplayJ. C. ChandorNominated
Robert Altman Award J. C. Chandor, Tiffany Little Canfield, Bernie Telsey, Penn Badgley, Simon Baker, Paul Bettany, Jeremy Irons, Mary McDonnell, Demi Moore, Zachary Quinto, Kevin Spacey and Stanley Tucci Won
National Board of Review Awards [36] Spotlight Award for Best Directorial DebutJ. C. ChandorWon
Top Ten Independent Films Nominated
San Francisco Film Critics Circle Awards [37] Best Original ScreenplayJ. C. ChandorWon
New York Film Critics Circle Awards [38] Best First FilmWon

See also

Other films

Related Research Articles

<span class="mw-page-title-main">Wall Street</span> Street in Manhattan, New York

Wall Street is a street in the Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway in the west and South Street and the East River in the east. The term "Wall Street" has become a metonym for the financial markets of the United States as a whole, the American financial services industry, New York–based financial interests, or the Financial District. Anchored by Wall Street, New York has been described as the world's principal fintech and financial center.

<span class="mw-page-title-main">Tuc Watkins</span> American actor

Charles Curtis "Tuc" Watkins III is an American actor, known for his roles as David Vickers on One Life to Live, Mr. Burns in The Mummy, Bob Hunter on Desperate Housewives, Congressman Roger Harris on Black Monday, Hank in The Boys in the Band, Troy on The Other Two, and Colin McKenna on Uncoupled.

<span class="mw-page-title-main">Richard S. Fuld Jr.</span> American banker (born 1946)

Richard Severin Fuld Jr. is an American banker best known as the final chairman and chief executive officer of investment bank Lehman Brothers. Fuld held this position from April 1, 1994 after the firm's spinoff from American Express until September 15, 2008. Lehman Brothers filed for bankruptcy protection under Chapter 11 on September 15, 2008, and subsequently announced the sale of major operations to parties including Barclays Bank and Nomura Securities.

<span class="mw-page-title-main">Zachary Quinto</span> American actor (b. 1977)

Zachary John Quinto is an American actor. He is known for his roles as Sylar, the primary antagonist from the science fiction drama series Heroes (2006–2010); Spock in the film Star Trek (2009) and its sequels Star Trek Into Darkness (2013) and Star Trek Beyond (2016); Charlie Manx in the AMC series NOS4A2, and Dr. Oliver Thredson in American Horror Story: Asylum, for which he received a nomination for an Emmy Award. He stars in and produces Brilliant Minds, a medical drama on NBC. His other starring film roles include Margin Call (2011), Hitman: Agent 47 (2015), Snowden (2016), and Hotel Artemis (2018). He also appeared in smaller roles on television series, such as So Notorious, The Slap, and 24, and on stage in Angels in America, The Glass Menagerie, and Smokefall.

<i>Inside Job</i> (2010 film) 2010 documentary film by Charles Ferguson

Inside Job is a 2010 American documentary film, directed by Charles Ferguson, about the 2008 financial crisis. Ferguson, who began researching in 2008, said the film is about "the systemic corruption of the United States by the financial services industry and the consequences of that systemic corruption", amongst them conflicts of interest of academic research, which led to improved disclosure standards by the American Economic Association. In five parts, the film explores how changes in the policy environment and banking practices led to the 2008 financial crisis.

Jeffrey McDonald "J. C." Chandor is an American filmmaker, best known for writing and directing the critically acclaimed films Margin Call (2011), All Is Lost (2013), and A Most Violent Year (2014). His accolades include nominations for the Academy Awards, the Golden Bear and two National Board of Review victories for Best Picture.

Financial thrillers are a subgenre of thriller fiction in which the financial system and economy play a major role.

The 27th Independent Spirit Awards, honoring the best independent films of 2011, were presented on February 25, 2012. The nominations were announced on November 29, 2011. The ceremony was hosted by Seth Rogen and aired exclusively on IFC. Highlights included John Waters as the "Voice of God", and musical performances by My Morning Jacket and K'naan.

<i>American Horror Story: Asylum</i> Second season of American Horror Story

The second season of the American horror anthology television series American Horror Story, subtitled Asylum, takes place in 1964 and follows the stories of the staff and inmates who occupy the fictional mental institution Briarcliff Manor, and intercuts with events in the past and present. The ensemble cast includes Zachary Quinto, Joseph Fiennes, Sarah Paulson, Evan Peters, Lily Rabe, Lizzie Brocheré, Dylan McDermott, James Cromwell, and Jessica Lange, with all returning from the first season, except newcomers Fiennes, Brocheré, and Cromwell. The season marks the first to not feature cast mainstays Connie Britton, Taissa Farmiga and Denis O'Hare.

<i>All Is Lost</i> 2013 film by J. C. Chandor

All Is Lost is a 2013 action drama film written and directed by J. C. Chandor. The film stars Robert Redford as a man lost at sea. Redford is the only cast member, and the film has 51 spoken English words. All Is Lost is Chandor's second feature film, following his 2011 debut Margin Call. It screened Out of Competition at the 2013 Cannes Film Festival.

<i>A Most Violent Year</i> 2014 film by J. C. Chandor

A Most Violent Year is a 2014 crime drama film written and directed by J. C. Chandor, who also co-produced with Neal Dodson and Anna Gerb. It stars Oscar Isaac as a fuel supplier who tries to adhere to his own moral compass amid the rampant violence, corruption and decay that threaten his family and business. The film also stars Jessica Chastain, David Oyelowo, Alessandro Nivola, and Albert Brooks.

<i>Hitman: Agent 47</i> 2015 American action thriller film

Hitman: Agent 47 is a 2015 action thriller film directed by Aleksander Bach and written by Skip Woods and Michael Finch. It is based on the Hitman video game series, developed by IO Interactive, and its main character, a mysterious assassin known only as Agent 47. The film is a reboot to the 2007 film.

<i>Deepwater Horizon</i> (film) 2016 American disaster film

Deepwater Horizon is a 2016 American biographical disaster film based on the Deepwater Horizon explosion and oil spill in the Gulf of Mexico. Peter Berg directed it from a screenplay by Matthew Michael Carnahan and Matthew Sand. It stars Mark Wahlberg, Kurt Russell, John Malkovich, Gina Rodriguez, Dylan O'Brien, and Kate Hudson. It is adapted from "Deepwater Horizon's Final Hours", a December 25, 2010 article in The New York Times written by David Barstow, David Rohde, and Stephanie Saul.

<i>The Big Short</i> (film) 2015 American biographical drama film directed by Adam McKay

The Big Short is a 2015 American biographical Comedy drama film directed by Adam McKay and co-written by McKay and Charles Randolph. The film is based on the 2010 book The Big Short: Inside the Doomsday Machine by Michael Lewis, and shows how the 2008 financial crisis was triggered by the United States housing bubble. The film stars Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt, with John Magaro, Finn Wittrock, Hamish Linklater, Rafe Spall, Jeremy Strong, and Marisa Tomei in supporting roles.

<i>For the Love of Spock</i> 2016 film by Adam Nimoy

For the Love of Spock is a 2016 American documentary film about actor Leonard Nimoy produced by 455 Films and directed by his son Adam Nimoy, who started it before his father's death, at the age of 83, on February 27, 2015.

<i>Aardvark</i> (2017 film) 2017 film by Brian Shoaf

Aardvark is a 2017 American drama film directed and written by Brian Shoaf. The film stars Zachary Quinto, Jenny Slate, Sheila Vand, and Jon Hamm. Principal photography began on November 30, 2015 in New York City. It premiered at the 2017 Tribeca Film Festival. It was released on April 13, 2018. Emily Milburton is a therapist who is struggling with personal problems. Things change when she meets her new patient, Josh Norman, who is mentally ill. Josh starts to develop feelings for Emily but things get interesting when Emily falls for Josh's brother, Craig.

Before the Door Pictures is a media production company that was founded in 2008 by three Carnegie Mellon University drama graduates.

<span class="mw-page-title-main">Neal Dodson</span> American film producer (born 1978)

Neal Dodson is an American film producer. His producer credits include the Academy Award-nominated Margin Call, the Golden Globe Award-winning and Academy Award-nominated All Is Lost starring Robert Redford, the comedy Breakup at a Wedding, the dramas Aardvark andViper Club, and the film A Most Violent Year starring Oscar Isaac and Jessica Chastain, which won Best Picture from the National Board of Review. Dodson executive produced Another Cinderella Story starring Selena Gomez and Jane Lynch, Banshee Chapter starring Katia Winter, Hollidaysburg starring Rachel Keller, Jonathan starring Ansel Elgort, Love On A Limb starring Ashley Williams and Marilu Henner, Never Here starring Mireille Enos and Sam Shepard, and Periods as well as co-producing Hateship, Loveship starring Kristen Wiig. Dodson also produced and appeared in the Starz documentary filmmaking television series The Chair, which followed two filmmakers making the same film, and was created by producer Chris Moore.

<i>The Boys in the Band</i> (2020 film) 2020 film by Joe Mantello

The Boys in the Band is a 2020 American drama film directed by Joe Mantello, based on the 1968 play of the same name by Mart Crowley, who also wrote the screenplay alongside Ned Martel. Crowley had previously adapted The Boys in the Band for a 1970 film version directed by William Friedkin and starring the original 1968 Off-Broadway cast. The film stars the full roster of players from the play's 2018 Broadway revival, comprising a cast of exclusively openly-gay actors.

<i>He Went That Way</i> 2023 film by Jeffrey Darling

He Went That Way is a 2023 American crime drama film directed by Jeffrey Darling in his directorial debut, and starring Jacob Elordi and Zachary Quinto. The film is based on the actual events of the serial killer Larry Ranes encountering animal trainer Dave Pitts.

References

Footnotes
  1. "Margin Call". Box Office Mojo. Archived from the original on June 25, 2012. Retrieved August 10, 2012.
  2. 1 2 de Melker, Saskia; Brown, Jeffrey; Chandor, J. C. (October 21, 2011). "'Margin Call': Calm Before the Storm of 2008 Financial Crisis". Art Beat. PBS NewsHour . Public Broadcasting System. Archived from the original on September 3, 2019.
  3. 1 2 Dash, Eric (June 22, 2010). "Citi Goes Hollywood for Spacey and Crew". The New York Times . Archived from the original on August 29, 2010. Retrieved June 27, 2010.
  4. Fleming, Mike (September 13, 2010). "Margin Call Director J.C. Chandor Snags Big Warner Bros Writing Gig From DiCaprio". Deadline Hollywood . Archived from the original on October 18, 2010. Retrieved October 6, 2010.
  5. Kit, Borys (June 15, 2010). "Simon Baker, Paul Bettany eye indie drama". The Hollywood Reporter . Archived from the original on June 23, 2010. Retrieved June 27, 2010.
  6. Writer, W. JACOB PERRY, Staff (September 30, 2011). "Ridge High grad directs new Hollywood thriller". New Jersey Hills. Archived from the original on April 9, 2018. Retrieved September 23, 2019.{{cite web}}: CS1 maint: multiple names: authors list (link)
  7. Alloway, Tracey (December 10, 2010). "Goldman's uneasy subprime short" . The Financial Times . Archived from the original on May 21, 2015. Retrieved May 24, 2015.
  8. La Roche, Julia (October 24, 2011). "The Director Of 'Margin Call' Reveals The Event That Inspired The Film". Business Insider . Archived from the original on March 29, 2021. Retrieved November 11, 2018.
  9. Wallace, Benjamin (October 16, 2011). "What's Up, Spock?: He might be a famous Vulcan, but Zachary Quinto has no problem being fully human". New York . Archived from the original on May 14, 2020. Retrieved April 17, 2020.
  10. Chesto, Jon. "Director of "Margin Call" didn't need a big budget to depict Wall Street's mortgage meltdown". WickedLocal.com. Archived from the original on October 25, 2011. Retrieved November 4, 2011.
  11. "The Competition of the 61st Berlinale". Berlinale . Archived from the original on March 4, 2016. Retrieved January 20, 2011.
  12. "Spacey, Moore and 3D in focus at Berlin film fest". Yahoo News. Archived from the original on April 6, 2012. Retrieved January 20, 2011.
  13. "Before The Door". beforethedoor.com. 2015. Archived from the original on June 1, 2015. Retrieved May 24, 2015.
  14. "Margin Call". Box Office Mojo . IMDb . Retrieved October 10, 2023. OOjs UI icon edit-ltr-progressive.svg
  15. "Margin Call". Rotten Tomatoes . Fandango Media . Retrieved October 10, 2023. OOjs UI icon edit-ltr-progressive.svg
  16. "Margin Call". Metacritic . Fandom, Inc. Retrieved October 10, 2023.
  17. Denby, David (October 21, 2011). "All That Glitters" . The New Yorker . Condé Nast. Archived from the original on November 13, 2013. Retrieved April 23, 2018.
  18. French, Philip (January 8, 2012). "Margin Call – review". The Observer. ISSN   0029-7712 . Retrieved January 17, 2025.
  19. Chang, Justin (January 22, 2011). "Margin Call". Variety. Retrieved January 17, 2025.
  20. Bernstein, Jake (November 23, 2011). "Margin Call: A Small Movie Unveils Big Truths About Wall Street". ProPublica. Retrieved January 17, 2025.
  21. 1 2 Ebert, Roger (October 19, 2011). "Margin Call". Chicago Sun-Times . Archived from the original on May 7, 2021. Retrieved May 24, 2015 via RogerEbert.com.
  22. 1 2 Scott, A. O. (October 21, 2011). "Margin Call with Zachary Quinto Review" . The New York Times . Archived from the original on April 24, 2018. Retrieved April 23, 2018.
  23. Levine, Matt (November 16, 2022). "FTX Creates Crypto Contagion". Bloomberg News . Archived from the original on November 16, 2022. Retrieved November 16, 2022.
  24. "Movie Review: 'Margin Call' - CBS Philadelphia". www.cbsnews.com. October 21, 2011. Retrieved January 17, 2025.
  25. Knight, Chris (November 11, 2011). "Film Review: Margin Call (3 stars)". National Post . Retrieved January 16, 2025.
  26. Matthews, Dylan (June 3, 2022). "One Good Thing: 107 minutes of Wall Street traders behaving badly". Vox. Retrieved January 16, 2025.
  27. Russell, Mike (October 20, 2011). "'Margin Call' review: Dramatizes the tragic decisions that led to the biggest financial crisis of our lifetimes". oregonlive. Retrieved January 17, 2025.
  28. Farber, Stephen (January 26, 2011). "SUNDANCE REVIEW: 'Margin Call'". The Hollywood Reporter. Retrieved January 17, 2025.
  29. Cheney, Alexandra (January 24, 2012). "Why a Film About the Financial Crisis Scored an Oscar Nod" . The Wall Street Journal . Retrieved May 7, 2021.
  30. "The 84th Academy Awards | 2012". Academy of Motion Picture Arts and Sciences. February 26, 2012. Archived from the original on October 8, 2023. Retrieved February 26, 2012.
  31. "AACTA Awards winners and nominees" (PDF). Australian Academy of Cinema and Television Arts (AACTA). January 31, 2012. Archived from the original (PDF) on January 23, 2016. Retrieved February 4, 2012.
  32. "Casting Society of America Announces Artios Awards Nominees". The Hollywood Reporter . August 20, 2012. Archived from the original on July 9, 2023. Retrieved October 10, 2023.
  33. Daniels, Ruth (December 16, 2011). "Best of 2011 Nominations and Winners!" (Press release). Detroit Film Critics Society. Archived from the original on January 22, 2012. Retrieved October 10, 2023.
  34. Jensen, Jeff (February 25, 2012). "Spirit Awards: 'The Artist' wins best picture". Entertainment Weekly . Retrieved October 10, 2023.
  35. Knegt, Peter; Greene, Steve (November 29, 2011). ""Take Shelter" and "The Artist" Lead Spirit Award Nominations". IndieWire . Archived from the original on October 11, 2023. Retrieved October 10, 2023.
  36. Corliss, Richard (December 1, 2011). "Year-End Awards: National Board of Review Says 'We Go with Hugo'". Time . Archived from the original on December 5, 2011. Retrieved December 12, 2011.
  37. Pond, Steve (December 11, 2011). "San Francisco film critics pick "Tree of Life"". Reuters . TheWrap. Archived from the original on December 13, 2011. Retrieved December 12, 2011.
  38. Knegt, Peter (November 29, 2011). ""The Artist" Leads New York Film Critics' Circle Awards". IndieWire . Archived from the original on October 11, 2023. Retrieved October 10, 2023.