JAI SHAH BIG ESSAY 2

The firm therefore plans on liquidating its assets to

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Unformatted text preview: lace the benefit of their own commission above what profit is made for the client. By doing this they also fail another important job that is expected of them: they neglect their role in maintaining a stable economy for the nation. So by working selfishly, they are sacrificing their socially acceptable morals. The most evident scene of bankers placing their own wealth above those of their clients in Margin Call is when Sam Rogers, a director, is explaining the tactics of the fire sale, which is taking place because turmoil in the markets in the foreseeable future is inevitable. The firm therefore plans on liquidating its assets to avoid greater loss in the future. Although it is not stated explicitly, it is implied that the selling of value- less assets will bankrupt customers and ruin relationships that the clie...
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This document was uploaded on 03/02/2014.

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