Posted: 5/24/2011
Too Big to Fail
Last night I watched HBO’s new film “Too Big to Fail,” an account of the financial crisis circa October 2008 and the government’s attempt to prevent a total financial meltdown. The movie was both entertaining and largely accurate, which it should be as the movie is based on Andrew Ross Sorkin’s excellent book by the same name. However, with Ed Asner playing Warren Buffett, I have to agree with the reviewer who called it “The Poseidon Adventure of Wall Street” given the recognizable actors playing real-life figures, like then-Treasury Secretary Paulson (William Hurt), Fed Chairman Bernanke (Paul Giamatti) and then-NY Fed President – now Treasury Secretary – Geithner (Billy Crudup).