Written By GingersnapComments Off on Your Spoiler-Filled Preview of the New Season of Billions – March 23, 2018
Axelroad and Rhoades Take a Break, Sort Of
by James Tarmy | Bloomberg | March 23, 2018
For filmmakers who want to dramatize the finance industry, one of Wall Street’s main appeals is that most people don’t understand how it works. In The Big Short, actress Margot Robbie explains subprime mortgages while sipping champagne in a bubble bath. Other movies—Margin Call and Wall Street come to mind—use fast-talking men in power suits screaming into cell phones to accomplish their exposition.
Typically, very little of the actual mechanics of working in finance ever come into play. (To be fair, it would be hard to dramatize an earnings call, and to be clear, nobody should try.)
When Showtime’s Billions first aired two years ago, one of its initial draws was that it talked the talk. The story was woven around a surprisingly sophisticated debate about the parameters of insider trading, and the show gave a fairly accurate depiction of a hedge fund’s workplace culture, with analysts and traders and managers and compliance officers. There were even Bloomberg Terminals.