Too Big to Fail (2011)

Actors

• Jon Stewart (actor)
• Ronald Reagan (actor)
• Bill Pullman (actor)
• Michael O'Keefe (actor)
• Billy Crudup (actor)
• Tony Shalhoub (actor)
• John Heard (actor)
• Matthew Modine (actor)
• William Hurt (actor)
• Paul Giamatti (actor)
• Edward Asner (actor)
• Dan Hedaya (actor)
• Bill Clinton (actor)
• Patrick Michael Strange (actor)
• Patrick Michael Strange (actor)

Genres

• Drama
• Drama

Quotes:

Henry Paulson: [TIREDLY] The Fed can lend to non banks under unusual and exigent circumstances, we're thinking of taking over 80% of the company.::Jim Wilkinson: [INSISTENTLY] Hank we can't! This morning we were lecturing the entire country on moral hazard.::Henry Paulson: [INCREASINGLY ANGRILY] AIG has collateral, they have assets, Lehman didn't, we couldn't lend into a hole, its not the same story!::Jim Wilkinson: [PLEADINGLY] Nobody is going to care, its another bailout, with no legislation, the Hill is gonna go crazy, the country is gonna go crazy.::Henry Paulson: [ANGRILY LECTURING] The plane we flew in on this morning leased from AIG, construction downtown AIG, life insurance 81 million policies with a face value of $1.9 trillion. Billions of dollars in teachers' pensions. You want "too big to fail" here it is! You got a better idea -the suggestion box is wide open!

Mack's Assistant: Tim Geithner's calling again.::John Mack: Cover your ears. You tell Tim Geithner to fucking blow me. I'm trying to save my company.

Michele Davis: They almost bring down the US economy as we know but we can't put restrictions on how they spend the $125 billion we're giving them because... they might not take it! [the Assistant Secretary of the Treasury for Public Affairs upon hearing that the 9 bank CEOs may refuse to take free money from the federal government if they had to be held accountable for how they spent it]

Richard Fuld: [on the phone with Neel Kashkari] Last February, we were at 66 a share. Lehman Brothers is *not* Bear Stearns. We have a great business. Real estate will come back. I am not *fucking* giving this company away!

Ben Bernanke: I spent my entire academic career studying the Great Depression. The depression may have started because of a stock market crash, but what hit the general economy was a disruption of credit. Average citizens unable to borrow money, to do anything. To buy a home, start a business, stock their shelves. Credit has the ability to build a modern economy, but lack of credit has the ability to destroy it, swiftly and absolutely. If we do not act, boldly and immediately, we will replay the depression of the 1930s, only this time it will be far, far worse. We don't do this now, we won't have an economy on Monday.

Ben Bernanke: I don't really understand why there needs to be so much tension about this. The country is facing the worst economy since the Great Depression. If the financial system collapses, it will take every one of you down.

Michele Davis: I hate to do this right now, but I'm going to have to have a press call first thing, and I don't know what I'm going to tell them.::Jim Wilkinson: Okay, here's how you explain it. Wall Street started bundling home loans together - mortgage-backed securities - and selling slices of those bundles to investors, and they were making big money. So they started pushing the lenders saying, come on, we need more loans.::Henry Paulson: The lenders had already given loans to borrowers with good credit, so they go bottom feeding, they lower their criteria.::Neel Kashkari: Before, you needed a credit score of 620 and a down payment of 20%; now they'll settle for 500, no money down.::Jim Wilkinson: And the buyer, the regular guy on the street assumes that the experts know what they're doing. He's saying to himself, if the bank's willing to loan me money, I must be able to afford it. So he reaches for the American Dream, he buys that house.::Neel Kashkari: The banks knew securities based on shitbag mortgages were risky...::Henry Paulson: - you'll work on 'shitbag'...::Neel Kashkari: - so to control their downside, the banks started buying a kind of insurance. If mortgages default, insurance company pays. Default swap. The banks insure their potential losses to move the risk off their books, so they can invest more, make more money.::Henry Paulson: And while a lot of companies insured their stuff, one was dumb enough to take on an almost unbelievable amount of risk.::Michele Davis: AIG.::Jim Wilkinson: And you'll work on 'dumb.'::Michele Davis: And when they ask me why they did that?::Jim Wilkinson: Fees!::Neel Kashkari: Hundreds of millions in fees.::Henry Paulson: AIG figures the housing market would just keep going up. But then the unexpected happens.::Jim Wilkinson: Housing prices go down.::Neel Kashkari: Poor bastard who bought his dream house? The teaser rate on his mortgage runs out, his payments go up, he defaults.::Henry Paulson: Mortgage-backed securities tank. AIG has to pay off the swaps. All of them. All over the world. At the same time.::Neel Kashkari: AIG can't pay. AIG goes under. Every bank they insure books massive losses on the same day. And then they all go under. It all comes down.::Michele Davis: [horrified] The *whole* financial system? And what do I say when they ask me why it wasn't regulated?::Henry Paulson: No one wanted to. We were making too much money.

Richard Fuld: [on the housing crisis] You know, people act like we're crack dealers. Nobody put a gun to anybody's head and said, "Hey, nimrod, buy a house you can't afford, and you know what? While you're at it, put a line of credit on that baby and buy yourself a boat."::Joe Gregory: [chuckles] You heard anything from Buffett?::Erin Callan: He's asking for preferred shares at 40, with a dividend of nine percent.::Richard Fuld: [annoyed] We were just at 66. What the fuck?::Joe Gregory: Maybe it's just an opening gambit, Dick.::Richard Fuld: Sounds more like a goddamn insult!::Erin Callan: Dick, we're at 36 right now. We haven't been anywhere near 66 in months. The markets like Buffett. His name will push the price up overnight.::Richard Fuld: You know, I don't care who he is. I am not spending $360 million a year for the pleasure of doing business with him. Real estate will come back.::Joe Gregory: Koreans have been sniffing around.::Richard Fuld: There you go. And they won't steal us blind. I've seen this before: CEOs panic and they sell out cheap. Right now, the Street's running around with its hair on fire, but the storm always passes. We stand strong, and on the other side, we'll eat Goldman's lunch.::Erin Callan: So what do we do about Buffett?::Richard Fuld: Screw Warren Buffett.

Ben Bernanke: [Having breakfast with Henry Paulson] Lehman's down another 10%.::Henry Paulson: You are not gonna let me get down a single bite, are you?::Ben Bernanke: This is why I have oatmeal.

Chris Flowers: Make sure Fuld's not keeping any bad news out of the mix.::Rodgin Cohen: It's "open kimono", to quote Dick.::Chris Flowers: There's a revolting image.

See Arnold Run (2005)

Actors

• Lee Holdridge (composer)
• Suzanne C. Swindle (miscellaneous crew)
• Stu Segall (producer)
• Nora Dunn (actress)
• Mary Carey (actress)
• Paul Dixon (editor)
• Adam Rudder (actor)
• Mariel Hemingway (actress)
• Nick Stellate (actor)
• Alex Hyde-White (actor)
• Charley Rossman (actor)
• Gerald W. Abrams (producer)
• Jürgen Prochnow (actor)
• Matt Dorff (producer)
• Delia Fine (producer)

Genres

• Biography
• Comedy
• Drama

Taglines:

The totally pumped-up original movie of one man's American Dream.

Quotes:

Beach Girl #1: Hey Arnold, Franco. Are you guys going to the Pump House tonight?::Arnold Schwarzenegger: We are the pump house, right Franco? You girls make me hot. I gotta cool off. Let's go! C'mon ladies! Let's go. C'mon! [Runs into the ocean]

Arnold Schwarzenegger: [looking at Lou Ferrigno's picture] I'm bigger, stronger, greater. I will win. I will conquer.::Arnold Schwarzenegger: [looking at Gray Davis's picture] I'm bigger, stronger, greater.

Buffett, Warren Filmography

• We're Not Broke
  2012, role: actor , character name: Himself - World's Second Richest Man
• Das Milliardenversprechen
  2012, role: actor , character name: Himself
• The University of Sing Sing
  2011, role: actor , character name: Himself
• Wall Street: Money Never Sleeps
  2010, role: actor , character name: Himself
• Der Schein trügt
  2009, role: actor , character name: Himself
• I.O.U.S.A.
  2008, role: actor , character name: Himself
• Buffett and Gates Go Back to School
  2006, role: actor , character name: Himself
• Woodstock for Capitalists
  2001, role: actor

Famous quotes by Warren Buffett:

"Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks"

"Our favourite holding period is forever."

"There seems to be some perverse human characteristic that likes to make easy things difficult."

"If a business does well, the stock eventually follows."

"You only have to do a very few things right in your life so long as you don't do too many things wrong."

"Only when the tide goes out do you discover who's been swimming naked"

"Wide diversification is only required when investors do not understand what they are doing."

"Risk comes from not knowing what you're doing."

"In the business world, the rearview mirror is always clearer than the windshield."

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."

"Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation."

"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years."

"Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value."

"There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it."

"If anything, taxes for the lower and middle class and maybe even the upper middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it."

"Someone's sitting in the shade today because someone planted a tree a long time ago."

"Your premium brand had better be delivering something special, or it's not going to get the business."

"If past history was all there was to the game, the richest people would be librarians."

"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."

"I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."