Jim Cramer on ‘Arbitage’ by Nicholas Jarecki

Eye on the Oscars: Writers' Roundup

Perhaps the cops think police dramas are unrealistic. Maybe doctors scoff at medical movies. But when it comes to Wall Street, Hollywood gets it right.

“Arbitrage” rang true, as did “Margin Call” and “Wall Street”s one and two, because the dialogue captured the argot of the Street. Robert Miller, played by Richard Gere, understands that getting a deal done, especially a fraudulent deal like his, requires bluffing, something he’s been doing all of his life apparently, but none better than when he tries to sell his firm.

I can’t tell you how many times I have had to listen to bluffs and pumps on the way to dumps, and I know that Nicholas Jarecki had to have been in a room full of dealmakers to nail it as well as he did.

Alas, I do believe the U.S. Attorney would have nailed Miller, but only because New York’s got a great one. Anywhere else? Just like in the movie, he’d get away with it, because that’s how realistically cunning and conning the portrayal was.

Jim Cramer, host of CNBC’s “Mad Money,” is author of several bestselling financial tomes.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading