Spoiler alert-o-meter: Mild to medium spoilers ahead.
The Company Men perfectly encapsulates a very specific American moment, the months of late 2008 and early 2009 when the economy tanked and companies went bankrupt and homebuyers realized they had shitty mortgages and the big banks made like sneak thieves with taxpayers’ dough.
The movie follows three men who work for GTX, a multi-billion dollar shipbuilding conglomerate based out of Boston, chronicling how each is affected by the economic downtown. Ben Affleck plays Bobby Walker, a smooth alpha-salesman for GTX who takes home well over a hundred grand a year. He lives in a tony suburb with his blue-collar wife and two kids, drives a Porsche, and plays golf at the club. When he gets the axe, he can barely believe it. Not having a high-paying gig does not fit in with his lifestyle.
But he’s not the only employee at GTX to get laid off. When news spreads that Bobby’s been fired, his secretary’s first question is “Did they say anything about me?” The film outlines Bobby’s descent into denial as he continues to drive the Porsche and keep up appearances to friends, neighbors, and family. He doesn’t want to stink of loser while struggling to find work.
Meanwhile, we get to know Chris Cooper’s Phil Woodward, one of GTX’s first employees who started out working 60-hour weeks as a daredevil spot welder. Now, forty years on, he’s a wasted pencil pusher, sure that he’s next to fall. No one’s surprised when Phil finally gets his pink slip. He’s sixty and has worked at GTX all his life. But he can’t afford to retire. It’s painful to watch Phil as he goes to a job interview. His craggy face and grey hair stand out in shocking relief against a waiting room full of recent college grads competing for the same job, ready to work for half the salary.
Then there’s Tommy Lee Jones’ Gene McClary. He’s a tough talking, no bullshit vice president. The right-hand man to Craig T. Nelson’s James Salinger, GTX’s CEO. They started GTX together back in the day, and have reaped the financial benefits. Aside from Salinger, these men carry the doomed look of the already-fired or about to-be-fired. I got shudders watching these scenes of desperate men as their settled world drops out from around them.
After Bobby’s severance package runs dry, he has to sell his Porsche, and, finally, give up his huge house and move in with his parents. This may sound trite and beg the question: who cares about the rich getting screwed? But director John Wells (who worked as a writer and producer on shows like China Beach, E.R., The West Wing, and Southland) brings the swift pacing and careful characterization of riveting TV drama and makes you care for these white collar workers. We care because we know they are only the first off a sinking ship of many.
Bobby starts working for his contractor brother-in-law, Jack—effectively played by Kevin Costner, all New England-y, thickened, and a hell of a long way from Dances with Wolves. Bobby doesn’t know a thing about hammering nails, but he can learn, and he needs the money. He learns to be grateful for the small stuff, like working a physically demanding job and rediscovering the pleasure of shooting hoops with his son.
Most of the plot points The Company Men hits are laid out in the movie’s trailer like a flowchart. But, regardless of whether or not you can see how the movie ends even before you see it, just go see it. It’s a satisfying blend of corporate greed, white collar paranoia, and the simple but riveting story of how these men recover (or don’t) from the shock of unemployment.
The performances are worth the ticket price alone. Affleck doesn’t make Bobby too much of a cliché, but just enough so that, after Jack offers Bobby a job doing construction and Bobby says, “I just can’t see myself building houses,” Jack whispers to his sister, “You’re husband’s such a dick,” and you know just how he feels. Costner’s part isn’t much more than a cameo, but he acquits himself well, even with an overcooked Boston accent.
Craig T. Nelson lends gusto to Salinger, a character who adheres to the bottom line while overlooking the human cost of layoffs. Tommy Lee Jones and Chris Cooper all do a great job bringing out the frustration, difficulty, and in some cases resignation as old men in a new world where changes to America’s manufacturing infrastructure are quantified in layoffs and site closures.
The movie ends on a hopeful note, but it’s impossible to forget that what came before was an all-too-real situation for many Americans, white or blue collar. In some ways The Company Men is the flipside to last year’s incendiary documentary Inside Job, which painstakingly mapped how the bottom dropped out of the American financial sector. Although slated for release last year (it still carries the 2010 copyright) this movie should be remembered next year at this time when the Oscars for 2011 movies are announced.
Stats:
Theater location: Woburn Showcase, Sunday, January 23rd, 2:25 matinee. Price $7.50. Viewed with Liz. Snacks--Peanut Butter Builder's Bar.
Coming Attractions:
The Adjustment Bureau. Matt Damon stumbles upon an concurrent reality where exists the adjustment bureau, a league of fedora-wearing men who control to the flow of daily events. But Matt met a woman he shouldn't have, and now he and Emily Blunt are running for their lives. Or something like that. Inception lite.
Liz and I decided to see the goriest, scariest, most shocking horror movie we could find for a pleasant Halloween afternoon. Inside Job, a documentary about the 2008 financial catastrophe and its continuing aftermath, fit the bill.
The film starts by showing what a mess bank deregulation made of Iceland’s idyllic financial structure, creating a massive credit bubble that eventually burst. This foreshadows things to come here in the states as the U.S. government systematically deregulated banks.
The film does an excellent job of introducing all the players, those who made the decisions, those who tried to alert and stop those decisions, and those who, directly or not, enabled and supported those decisions. This includes the CEOs of the big financial institutions like Citigroup, Goldman Sachs, Morgan Stanley, Lehman Brothers, and Bear Stearns, Bush’s and Clinton’s finance teams, finance lobbyists, finance journalists, former bankers who have 'gone straight', social advocates, and even a psychologist to the Wall Street bankers.
Also, and most surprisingly, a passel of economists and theorists in positions of power at distinguished business schools like Harvard, Yale, and Columbia who are exposed as paid shills for lobbyists, banks, and even, in one case, the chamber of commerce of…wait for it…Iceland.
Inside Job covers all the trend points of the market's downward spiral: dismantling of the Glass–Steagall Act, deregulation, the lax oversight of Wall Street's derivatives market, the rise of criminal lending practices that caused almost immediate mortgage defaults and subsequent home foreclosures across the country, the failure of big banks, and the collapse of the company that insured most of the above, AIG. Not to mention the fact that we borrowed money from other countries to bail out our own. And much much more.
The maddening reality of all this is that nothing has changed. CEOs are still compensated with extreme amounts of cash for essentially failing to do anything and the money in D.C. is still funneled to the right politicians because the laws have barely changed. Looking at America from the view of other countries, our culture of greed from the top down sends a message that our own bloated needs will be our undoing.
While filled with talking head interviews and basic animated flowcharts, Inside Job is far from boring. Featuring damning footage from various sources, its message is backed by an array of concise facts presented in follow-the-dots chronology.
The movie is almost two hours in running time, and by the 60-minute mark much of the audience in my theater were vocally seething. But maybe we need to get angry, to get mad. Maybe a general public that knows the truth is the only way to propel more fearless politicians into office.
See Inside Job, and get seething.
Now, a word about the theater. We went to the Coolidge Corner Theater in Brookline. Inside Job isn't in wide release, and the Coolidge is one of the few art house/repertory cinemas in the Boston area. So it's worth the drive from Lowell. It's also across the street from the Brookline Booksmith and Peet's Coffee, so if you go be sure to make an afternoon or evening of it.
Stats:
Theater location: Coolidge Corner Theater, Brookline. Moviehouse II. Sunday afternoon, 2:50 matinee. Price $7.00. Viewed with Liz.
Snacks—Panda All Natural Raspberry Liqorice
