Showing posts with label Nicholas Jarecki. Show all posts
Showing posts with label Nicholas Jarecki. Show all posts

Friday, November 9, 2012

Arbitrage (Nicholas Jarecki, 2012)

To pinpoint the moment Arbitrage ceases to be plausible is to assume it ever established any kind of suspension of disbelief at all. And when Richard Gere fails from the start to make his billionaire hedge fund manager, Robert Miller, look remotely in his element with business talk, the commentary Nicholas Jarecki wishes to tie to his evil money-handler does not work. Hell, Gere's utter ineptness is but one of several early giveaways of the lack of care paid to the film. Unconvincing as a hedge fund guru, Gere is equally out of place with his family, with whom he has an unironically loving relationship yet looks like a total stranger around them. Perhaps that can be explained by his affair with an Italian artist, who enjoys the financial support of her lover yet lives in a flat that looks like an IKEA showroom.

Like the privileged child of a 1990s movie, the mistress throws a fit when Miller gets caught in a meeting and misses her important exhibition. After she gesticulates for a bit, the two head out and Miller passes out briefly at the wheel, leading to an absurdly oversized single-vehicle accident that leaves the woman dead and Miller terrified. Or maybe just extremely annoyed. Hard to say. Jarecki uses this involuntary manslaughter as a fatuous analogy. The man covers up his company's books to keep up appearances as the great hedge fund scheme implodes with exponentially increasing speed, and now he has to cover up his physical crime. This is an obvious, and common, method of tying more abstract, technically legal financial chicanery to that which people universally consider a violation of the law, and ostensibly it should make Miller seem doubly a villain.