Categories Billions Print Media Review

Fifty Billion Shades of Gray – Aug 24, 2018

Billions: Integrating Mental Health, Finance, Silicon Valley Industries and Law and Order, with a Little Yonkers-Secret-Recipe-Pizza

by Anna Kornbluh | Los Angeles Review of Books | August 24, 2018

Ten years ago, the collapse of Lehman Brothers triggered the global financial crisis of 2008. Democrats were eight years in power, and their failure to prosecute the corporate criminals behind the crisis surely ranks as their biggest legacy. That failure was the condition of possibility for the anti-elite narrative that inspired the white working class and the white upper class to support a genuinely fascist insurgency before and beyond November 2016. It was also the condition of possibility for Billions.

Across its three seasons on Showtime, Billions explores the aftermath of Lehman’s and Obama’s 2008 peaks, tracking the waning and waxing faculty of elite professionals to steer their careers and helm the most powerful country in the world. The show is built around an extended parallel between outer-borough upstart Bobby Axelrod (Damian Lewis), principal of the wildly fruitful hedge fund Axe Capital, and Manhattan WASP Chuck Rhoades (Paul Giamatti), US Attorney for the New York Southern District and hero of a counterfactual recent past in which 81 bankers and traders were successfully prosecuted for their outlaw engineering of toxic asset slides. Rhoades fancies himself a just warrior, fighting against “[these] Teflon corporations that defraud the American people on a grand scale.” As the series opens he levels his gaze at Axe, the Moby-Dick of parkour finance.

Continue reading Fifty Billion Shades of Gray – Aug 24, 2018

Categories Billions Print Media Review

Billions: Super Antiheros – April 24, 2018

The Superhero Show About Finance and the Tale of Two Warring Goliaths

by Rachel Syme | The New Republic | April 24, 2018

Billions reckons with the inflated egos and muddled ethics of Wall Street.

The first season of Billions premiered in January 2016— eight years after the collapse of the subprime mortgage market and eleven months before a self-proclaimed billionaire was elected president. This was the sweet spot, timing wise, for a bombastic prestige drama about the world of money. In 2011, the sharp and enraging documentary Inside Job, which charted the corruption that led to the financial crisis, won an Oscar. In the winter of 2016, The Big Short—a sermonizing, big-budget Hollywood comedy about reckless bankers—was nominated for Best Picture. The mea culpas had been issued, the bad actors identified, and although only one person officially went to jail, the coast looked clear for new stories of Wall Street and wealth.

Of course, in the wake of the crisis, a showrunner could not simply rehash the old Gordon Gekko formula for a modern audience. Slickness was no longer glamorous but gross; very few Americans had an appetite for captains of industry slurping down midday martinis at the Capital Grille. Instead, the three creators of Billions—the longtime writing team of Brian Koppelman and David Levien, along with The New York Times’ financial reporter, Andrew Ross Sorkin—took a populist genre and grafted it onto the honeyed, moneyed lives of the rich and infamous: They made a superhero show about finance.

Continue reading Billions: Super Antiheros – April 24, 2018

Categories Billions Fashion and Style Print Media

How To Dress Like a Billionaire – April 23, 2018

Now on its third season, Showtime’s dramedy “Billions” masterfully captures the changing dress codes of the finance world

by Jacob Gallagher | Wall Street Journal | April 23, 2018

Bobby “Axe” Axelrod (next to his wife Lara, played by Malin Akerman) wearing his trademark hoodie. Source: Showtime – Photo by Jeff Neumann

TYPE “BOBBY AXELROD” into Google and the first recommendation that pops up is “Bobby Axelrod hoodie.” So, to satisfy your curiosity: Mr. Axelrod, the cool-as-an-ice-cube-in-Alaska protagonist of Showtime’s series “Billions,” wears Loro Piana zip-ups. They’re cashmere and just in case you’re really interested in dressing like the man who makes the billions on “Billions,” each one costs $2,295. For a glorified sweatshirt, they’re a needlessly expensive indulgence, which makes them perfect for a show that is the embodiment of what wealth looks like today.

Now on its third season, the drama unfurls a cat-and-mouse chase between Mr. Axelrod (played by Damien Lewis), an ethically flexible Manhattan hedge fund manager, and Charles “Chuck” Rhoades Jr. (played by Paul Giamatti), an ethically flexible United States attorney for the Southern District of New York. The plots weave stock swapping and legal loopholing with fist-bumping bros, strip-club sushi lunches and even an excursion to a BDSM dungeon. In short, the show is glorious, greedy fun.

More than that though, what “Mad Men” did to immortalize the style of 1950s ad agencies, “Billions” is doing for post-Great Recession financial firms. Aside from his used-Camry-priced hoodie, Mr. Axelrod dresses more or less like the guy who sold me my coffee this morning, with his simple, dark A.P.C. jeans and egalitarian Puma sneakers. Gordon Gekko would mistake Bobby Axelrod for an intern.

Continue reading How To Dress Like a Billionaire – April 23, 2018