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From my point of view this film is full of controversy. First the firm hire another human resource team to lay off almost 80% of the employees. It was really insensitive to lay off all those workers without any warning and they were ask to leave the firm immediately. Even though they were offered with compensation but they lose their job. One of the employee that had been lay off is Eric Dale. Even he was the head of risk management department and had work with the firm for 19 years still he get fired without any notice.
The firm only aim is to protect itself and the shareholders.
Second, at the time of lay off Eric Dale has been analyzing some of the company's data and found inconsistencies. However, there is nothing he can do but he was considerate enough to hand over the data to Peter Sullivan and warn him about the crisis because he know Peter Sullivan will continue to analyze his data.
I feel that Eric Dale is a wise and considerate person as he still concern about the firm and client at that time.
Third, as senior risk analyst, Peter Sullivan was responsible to complete Eric Dale job. He spent the whole night to go through the data he was given while others were outside celebrating their success of escape the layoff. This is a responsible decision. He could have chosen to ignore the warning he was given by Eric Dale but he choose to complete the research and finds out that the company will face a big loss in the near future.
Fourth, head of the investment division, Jared Cohen come up with an idea to clear off the firm's book by selling off all the company's volatile assets. The idea was accepted by the group even though Sam Roger did not agree to it because they will lose their customer once anyone outside the company discovers the assets are valueless. This gives a good picture of how the top-level managers view the firm and what influence their decisions. Their decision to sell those assets shows that they do not care about the losses that buyers will face but to save the company from losses.
Fifth, Sam Rogers as the head of the trading floor told his traders those who sell the most assets will be given bonuses. However, he does not inform them that the assets are valueless and that they will lose their long-term relationships with clients. He knows he is making a mistake but continue to support the decision to protect the firm and his income source. He did think of resign at the end of the day but accepted John Tuld offer and continue to help the company with a heavy load on his shoulder due to guilt.
Controversy in Film: Company Layoffs Lead to Unsettled Feelings. (2019, Dec 05). Retrieved from https://studymoose.com/margin-call-essay
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