Financial Thriller
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Financial Thriller
Financial thriller is a subgenre of thriller fiction in which the financial system and economy play a major role. History The novel '' The Financier'' (1912) by Theodore Dreiser displays elements of a financial thriller and is an early example of the genre. Paul Erdman helped popularize the modern financial thriller, with ''The Billion Dollar Sure Thing'' (1973). The former president of a Swiss bank, he penned the novel while in jail awaiting trial on fraud charges related to speculating in the cocoa market. Overview In many cases the protagonist of a financial thriller is a financial professional such as Christian Slater’s character in the 2005 film '' The Deal'', or John Kent in Martin Bodenham's 2011 novel, ''The Geneva Connection''. Often, the plot centers on a financial crime. It may be a crime that merely enriches a small number of individuals as with ''The Millionaires'' by Brad Meltzer, or one that threatens the entire financial system, as in Tom Clancy’s ''Debt of ...
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Thriller (genre)
Thriller is a genre of fiction, having numerous, often overlapping subgenres. Thrillers are characterized and defined by the mood (psychology), moods they elicit, giving viewers heightened feelings of suspense, Psychomotor agitation, excitement, Surprise (emotion), surprise, anticipation (emotion), anticipation and anxiety. Successful examples of thrillers are Alfred Hitchcock filmography, the films of Alfred Hitchcock. Thrillers generally keep the audience on the "edge of their seats" as the plot builds towards a climax (narrative), climax. The cover-up of important information is a common element. Literary devices such as red herrings, plot twists, unreliable narrators, and cliffhangers are used extensively. A thriller is often a villain-driven plot, whereby they present obstacles that the protagonist must overcome. The most common genres that overlap with the thriller genre include crime fiction, crime, horror fiction, horror and detective fiction. Characteristics Writer Vla ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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Footnotes
A note is a string of text placed at the bottom of a page in a book or document or at the end of a chapter, volume, or the whole text. The note can provide an author's comments on the main text or citations of a reference work in support of the text. Footnotes are notes at the foot of the page while endnotes are collected under a separate heading at the end of a chapter, volume, or entire work. Unlike footnotes, endnotes have the advantage of not affecting the layout of the main text, but may cause inconvenience to readers who have to move back and forth between the main text and the endnotes. In some editions of the Bible, notes are placed in a narrow column in the middle of each page between two columns of biblical text. Numbering and symbols In English, a footnote or endnote is normally flagged by a superscripted number immediately following that portion of the text the note references, each such footnote being numbered sequentially. Occasionally, a number between brack ...
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Boiler Room (film)
''Boiler Room'' is a 2000 American crime drama film written and directed by Ben Younger and starring Giovanni Ribisi, Vin Diesel, Nia Long, Ben Affleck, Nicky Katt, Scott Caan, Tom Everett Scott, Ron Rifkin, and Jamie Kennedy. The film was conceived when screenwriter Ben Younger interviewed for a job at brokerage firm Sterling Foster. Younger said, "I walked in and immediately realized, 'This is my movie.' I mean, you see these kids and know something is going on." The film was nominated for several awards including a Black Reel Award, a British Independent Film Award, and two Independent Spirit Awards. It won the Special Jury Prize at the 2000 Deauville Film Festival. Plot In 1999, Seth Davis, a 19-year-old Queens College dropout, runs an unlicensed casino in his home near the campus, catering to college students. Although he earns a successful living, he is a disappointment to his father, Marty, a New York City federal judge. One night, his cousin Adam stops by the casino to p ...
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Money Monster
''Money Monster'' is a 2016 American crime thriller film directed by Jodie Foster, with a screenplay by Jamie Linden, Alan Di Fiore, and Jim Kouf from a story by Di Fiore and Kauf. The film stars George Clooney (who also co-produced), Julia Roberts, Jack O'Connell, Dominic West, Caitríona Balfe, and Giancarlo Esposito. It follows financial television host Lee Gates and his producer Patty Fenn, as they are put in an extreme situation when an irate investor takes them and their crew as hostage. ''Money Monster'' had its world premiere at the 69th Cannes Film Festival on May 12, 2016, and was theatrically released in the United States on May 13, 2016, by Sony Pictures Releasing. Despite receiving mixed reviews from critics, the film was a box office success, grossing over $93 million. Plot Flamboyant television financial expert Lee Gates is in the midst of the latest edition of his show, ''Money Monster''. Less than 24 hours earlier, IBIS Clear Capital's stock inexplicably crat ...
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Rogue Trader (film)
''Rogue Trader'' is a 1999 British biographical drama film written and directed by James Dearden and starring Ewan McGregor and Anna Friel. The film centers on the life of former derivatives broker Nick Leeson and the 1995 collapse of Barings Bank. It was based on Leeson's 1996 book '' Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World''. Plot ''Rogue Trader'' tells the true story of Nick Leeson, a young employee of Barings Bank who after a successful spell working for the firm's office in Indonesia is sent to Singapore as General Manager of the Trading Floor on the SIMEX exchange. The movie follows Leeson's rise as he soon becomes one of Barings' key traders. However, everything isn't as it appears – through the 88888 error account, Nick is hiding huge losses as he gambles away Barings' money with little more than the bat of an eyelid from the powers-that-be back in London. Eventually the losses mount up to well over £800 million and Nick, alon ...
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Wall Street (1987 Film)
''Wall Street'' is a 1987 American drama film, directed and co-written by Oliver Stone, which stars Michael Douglas, Charlie Sheen, Daryl Hannah, and Martin Sheen. The film tells the story of Bud Fox (C. Sheen), a young stockbroker who becomes involved with Gordon Gekko (Douglas), a wealthy, unscrupulous corporate raider. Stone made the film as a tribute to his father, Lou Stone, a stockbroker during the Great Depression. The character of Gekko is said to be a composite of several people, including Dennis Levine, Ivan Boesky, Carl Icahn, Asher Edelman, Michael Milken, and Stone himself. The character of Sir Lawrence Wildman, meanwhile, was modelled on the prominent British financier and corporate raider Sir James Goldsmith. Originally, the studio wanted Warren Beatty to play Gekko, but he was not interested; Stone, meanwhile, wanted Richard Gere, but Gere passed on the role. The film was well received among major film critics. Douglas won the Academy Award for Best Actor, and ...
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USA Today
''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virginia. Its newspaper is printed at 37 sites across the United States and at five additional sites internationally. The paper's dynamic design influenced the style of local, regional, and national newspapers worldwide through its use of concise reports, colorized images, Infographic, informational graphics, and inclusion of popular culture stories, among other distinct features. With an average print circulation of 159,233 as of 2022, a digital-only subscriber base of 504,000 as of 2019, and an approximate daily readership of 2.6 million, ''USA Today'' is ranked as the first by circulation on the list of newspapers in the United States. It has been shown to maintain a generally center-left audience, in regards to political persuasion. ''US ...
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The Big Short
''The Big Short: Inside the Doomsday Machine'' is a nonfiction book by Michael Lewis about the build-up of the United States housing bubble during the 2000s. It was released on March 15, 2010, by W. W. Norton & Company. It spent 28 weeks on ''The New York Times'' best-seller list, and was the basis for the 2015 film of the same name. Summary ''The Big Short'' describes several of the main players in the creation of the credit default swap market that sought to bet against the collateralized debt obligation (CDO) bubble and thus ended up profiting from the financial crisis of 2007–08. It also highlights the eccentric natures of people who bet against the market or otherwise "go against the grain". It follows people who believed the housing bubble was going to burst—including Meredith Whitney, who predicted the demise of Citigroup and Bear Stearns; Steve Eisman, an outspoken hedge fund manager; Greg Lippmann, a Deutsche Bank trader; Eugene Xu, a quantitative analyst who c ...
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The Big Short (film)
''The Big Short'' is a 2015 American biographical crime comedy-drama film directed and co-written by Adam McKay. Co-written by Charles Randolph, it is based on the 2010 book '' The Big Short: Inside the Doomsday Machine'' by Michael Lewis showing how the financial crisis of 2007–2008 was triggered by the United States housing bubble. The film stars Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt, with John Magaro, Finn Wittrock, Hamish Linklater, Rafe Spall, Jeremy Strong, and Marisa Tomei in supporting roles. The film is noted for the unconventional techniques it employs to explain financial instruments. Among others, it features cameo appearances by actress Margot Robbie, chef Anthony Bourdain, singer-songwriter Selena Gomez, and economist Richard Thaler, who break the fourth wall to explain concepts such as subprime mortgages and synthetic collateralized debt obligations. Several of the film's characters directly address the audience, most frequently Gosling's, ...
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Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ...
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