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10 Stock Market Scams from the Movies

10 Stock Market Scams from the Movies

Christopher Campbell
By Christopher Campbell posted 5 months ago
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The original film of The Taking of Pelham One Two Three was quite representative of New York City in the mid-1970s. Tony Scott’s remake, which opens this weekend, doesn’t have that same sense of space, but even worse than its lack of local relevance is its out-of-date plot, which has John Travolta causing panic on Wall Street in order to make hundreds of millions in a stock scheme. Never mind that the economy is currently in such a state that the terrorist’s plan may be fruitless. Even before the recession this should have seemed antiquated. As David Edelstein writes in New York magazine, “Why would he need to do something so…so…1974 as hijacking a subway train to do what a lot of hedge-fund managers do before breakfast?”

The plot is also tremendously unoriginal, enough to assume Travolta’s character is a huge James Bond fan. But someone familiar with 007 villains, or any other would-be economic terrorists, would have to realize his own scheme would fail. To illustrate why it’s useless to attempt this kind of thing, we present you with ten classic films involving stock market scams, most of which are unsuccessful.
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Werner Herzog’s Bad Lieutenant. Trade Roughage 05/14/08

Karina Longworth
By Karina Longworth posted 1 year ago
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  • You know how sometimes, things happen and you can’t really believe they’re happening, and you wonder if maybe you’re in a dream, or if maybe the universe folded in on itself and you got caught in some kind of warp in space and time that allows things to happen that wouldn’t be allowed on an ordinary plane? Um. Werner Herzog is remaking Abel Ferrara’s Bad Lieutenant. With Nicolas Cage in the Harvey Keitel role.
  • Tommy Lee Jones will “adapt, direct, produce and star” in a feature based on Ernest Hemmingway’s Islands in the Stream.
  • James Garner, who is 80, is said to be recovering from a stroke. He had surgery on Sunday and his publicist says it went “great.”