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Posts Tagged ‘Wall Street’

“Now that all the decay is over, things are going to get better.”
Adam (Brendan Frazier) in Blast from the Past
Written by Billy Kelly and Hugh Wilson

Who knows how long this will last
Now we’ve come so far, so fast
The End of the Innocence
Bruce Hornsby/Don Henley

Watching It’s a Wonderful Life and The Wolf of Wall Street back to back made me think of the 1999 film Blast from the PastKind of what would happen if George Bailey (Jimmy Stewart) of the 1940s showed up in Martin Scorsese’s modern version of Pottersville? (Pottersville is the Girls-Girls-Girls flip side nightmare world to the Norman Rockwell—like Bedford Falls in the Frank Capra classic.)

But Pottersville in Scorsese’s hands comes across like a perpetual party paradise.  An echo of Gary Kamiya’s All hail Pottersville! article— “Pottersville rocks!” Boring vs. Fun.

Perhaps the Wolf of Wall Street himself had a clearer view of the world he created at the brokerage firm Stratton Oakmont:

“It should have been Sodom and Gomorrah. After all, it wasn’t every firm that sported hookers in the basement, drug dealers in the parking lot, exotic animals in the boardroom, and midget-tossing competitions on Fridays.”
Jordan Belfort

Earlier this month, a former worker at Stratton Oakmont who once idolized Belfort gave his perspective:

“But eventually, the blindness from the drugs, the girls and the cars, the clothes and the money, wore off. These people were some of the worst people that I have ever met in my life — they would sell their own grandmother in a second….I’m still going to see the [The Wolf of Wall Street]. My parents want to go with me. I would hope people would try to keep some morality while still trying to achieve success — but I’m not sure the movie is going to show that. Just the wild ride.”
Josh Shapiro
My life working for the real life ‘Wolf of Wall Street’

The movie is a three-hour fantasy wild ride that—well, I won’t spoil it for those who haven’t seen it—but it’s an upside down world. One that Scorsese celebrates more than he condemns. Actress Hope Holiday was quoted in The Wrap saying a screen writer at an Academy screening for The Wolf of Wall Street screamed at Scorsese “Shame on you.” But if you’ve seen Scorsese’s Taxi Driver, Raging Bull, or GoodFellas you know the director has a fondness for depravity over redemption.

The Wolf of Wall Street is not Billy Wilder’s classic The Apartment (1960) on steroids…or cocaine, quaaludes or even viagra. The stated theme seems to want to be “When the chickens come home to roost,” but comes across more like “Crime pays, and it pays well.” Maybe Scorsese and screenwriter Terence Winter (Boradwalk Empire, The Sopranos) were just being faithful to Belfort’s book that the movie was based on.

It’s hard to say the 3 hour movie (okay, technically 2 hours and 59 minutes) is missing anything but constraints, but I think TIME’s Richard Corliss says it best—”What’s missing is the broker’s acknowledgement of a wasted life — if not his, then his victims.”

Scorsese said he knows the The Wolf of Wall Street is not for “everyone’s taste” and added, “It’s not made for 14 year olds.”

But I believe that 14-year-olds are going to see this film. And for some The Wolf of Wall Street will be their ideal—their goal. Just as young Jordan Belfort said Gordon Gekko in Wall Street became his ideal, his goal after watching Wall Street. (And Wall Street was not the upside down, amoral world of The Wolf of Wall Street.)

Gordon (“Greed… is good”) Gekko is the #24 Villain on AFI’s 100 Year…100 Heroes & Villains. Ranked just ahead of Jack Nicholson’s character in The Shining (Here’s Johnny!). But the Gekko character may rank as the #1 villain that most people want to be like. Actor Michael Douglas said he was surprised at how many people over the years have told him they became stock brokers because of his Oscar-winning performance of what he called “the bad guy.” (And how many of those Gekko followers became players in the banking collapse of 2008? Movies reflect the culture they help produce.)

“As the years have gone by, it’s heartening to see how popular the film has remained. But what I find strange and oddly disturbing is that Gordon Gekko has been mythologized and elevated from the role of villain to that of hero.”
Wall Street co-screenwriter Stanley Weiser
Repeat After Me: Greed Is Not Good, 2008 LA Times

“I’d just say anyone who took away that greed is good has missed the point. The movie speaks for itself. People who walk out of the movie and think ‘[Gekko’s] such a great guy,’ they need to think and ask themselves on what terms am I willing to do that?”
Oliver Stone, Wall Street director and co-screenwriter
Oliver Stone: Life after Wall Street by Telos Demos/ CNNMoney

Wall Street was closer in ideals to It’s a Wonderful Life than The Wolf of Wall Street. More Bedford Falls than Pottersville. More the ’80s Miami of Scarface than the ancient Roman orgies of Caligula.

Perhaps the ongoing battle is the way the world is versus the way we want it to be. But what do I know? Well, I do know one thing—that Jordan Belfort’s speaking fee just went up.

P.S. A movie that’s said to have influenced Stone’s Wall Street was Executive Suite (1954) directed by Robert Wise from a script by Ernest Lehman from a novel by Cameron Hawley.

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Raging Bull vs. Martin Scorsese
“Study the Old Master.”—Martin  Scorsese
The Heart of “Hugo” (Part 1)
The Heart of “Hugo” (Part 2)
Hugo & The Artist
Writing Good Bad Guys (Tip #85)

Scott W. Smith

 

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“Film makers can’t get enough of Adolf Hitler. I think it’s because he’s the perfect villain.” Arnold Pistorius

Once upon a time in Hollywood…1941-1976

So in a sweeping look at American film history today we’re going to clip off 35 years.  Again one of the reasons for this brief look back at film history is to see how change has been a constant throughout the business and to see how we are in another major shift.

Hollywood had enjoyed its greatest decade through the 1930s in the short history of the film industry. (Some still believe that era was the greatest movie decade of all-time.)

1940 & 1941 continued the Golden Era of cinema. But then on December 7, 1941 the world changed for Americans with the bombing of Pearl Harbor. The United States was coming off The Great Depression which started with the crash of Wall Street in 1929.

Hollywood actors and directors lended a hand in making training and propaganda films . And then there were movies about the war and its lingering effects back in the states.

So Proudly We Hail, 1943
Best Years of Our Lives, 1946

But I think the biggest lingering effect of Hitler and the Nazi’s is it created a world of fear. I’m not sure we’ve ever recovered from the idea that one man could cause so much pain and destruction in the modern world.

“The motion pictures made during World War II deeply affected Steven Spielberg, and movies about the war remain fertile ground for numerous filmmakers during subsequent decades. One reason for the continued popularity of these sages, and for movies about different wars as well, is the panoply of visual pleasures such conflicts offer.” “Citizen Spielberg”: by Lester D. Friedman

Europe exported existential thought and a new wave of movies that we free morality standards in the American film industry.

Much has been written about the prosperity that followed World War II, but many films reflected a period of questioning human existence and sometimes landing on nihilism or some for of despair. And themes that followed from World War II were prevalent for at least the next 30 years—and maybe until the present day. (The names and fears have just changed over the years)

Look at some of the top films of the 50s:

Rebel Without a Cause
On the Waterfront
Sunset Boulevard
Rear Window
War of the Worlds
Death of a Salesman

Sci-Fi films with end of the world themes were popular:
It Came From Outer Space
The Thing
The Invasion of the Body Snatchers
The Day the Earth Stood Still
Them

Hilter may have been gone but there were plenty of worries beyond wondering how Jerry Mathers was going to break in his baseball glove on Leave it to Beaver. (The Korean War, Soviets, the Bomb, communists, etc.)

And then into the 60s President John F. Kennedy was assassinated, Bobby Kennedy and Martin Luther King, Jr were shot and killed, there were riots in Chicago,  L.A. and other cities. Viet Nam War.  And if things werem’t bad enough TIME Magazine’s cover on April 8, 1966 asked, “Is God Dead?”

Some of the more well known movies of the 60s were:

Dr, Strangelove; or how I stopped learning to Love the Bomb
They Don’t Shoot Horses Do They?
Easy Rider
Psycho
Butch Cassidy and the Sundance Kid
Bonnie & Clyde
Cool-Hand Luke
Midnight Cowboy
2001 A Space Odyssey
The Wild Bunch
The Manchurian Candidate

The pessimistic trend  continued into the early 1970s in politics with Viet Nam & Watergate as well as at the movies:

M*A*S*H
One Flew Over the Cuckoo’s Nest
Deliverance
Five Easy Pieces
The Last Picture Show
The Godfather
Chinatown

Sure you had Disney movies and light musicals during all these years but these films represent much of the best films of the era.

Bruce became the catalyst for change. Bruce was a mechanical shark on the set of the 1975 film JAWS who didn’t work as well as desired.  But he worked well in the edit bay and the $7 million film went on to make over $400 million worldwide. Sure there was blood and guts, but it had a happy ending.

The tent pole movie was born (or maybe just perfected). And once that genie was out of the bottle everybody in Hollywood was shooting for the  $100 million boxoffice goal.  By this time Viet Nam was over and Americans were ready to get on with life and the bicentennial celebration of the United States in 1976.

And Rocky was there toward the end of the year to give audiences something to cheer about. I do believe the one-two punch of JAWS & Rocky had a huge impact on the future of the film business. More thills per minute and a somewhat happy ending that would make a lot of money.

Once Upon a Time in Hollywood (Part 5)

Scott W. Smith

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