Much broader in scope and better explained than the Hollywood financial crisis movies like The Big Short and Margin Call. Illuminating the role of the IMF in then Asian Financial Crisis and the cover up of the officials in the government. Touching plot line about the effect on a smaller business owners.
Plot summary
Si-hyun (Kim Hye-su),the monetary policy manager at the Bank of Korea, predicts a massive national financial crisis and reports it to the Director. The Director doesn't schedule an emergency summit until 10 days later and does it without notifying the public of the situation. Si-hyun urges for the crisis to be announced in order to warn people of the looming disaster, but her plea is ignored. The summit is held behind closed doors. Jung-hak (Yoo Ah-in),a financial consultant, notices Korea is suddenly hemorrhaging foreign funds, and he learns the reason is that international finance firms have ordered an all-out investment withdrawal from the country, which has caused its credit rating to plummet. He hands in his resignation and decides to play the odds on what he's sure is a coming crisis. He secretly starts gathering investors willing to do the same. Gap-su (Joon-ho Huh),a family man who runs a small tableware factory, has a big break and wins a contract with a department store. The fact that the price settlement terms equal to little more than a promissory note concerns him only briefly, and oblivious to the looming financial upheaval, Gap-su signs the contract. The Managing Director of the IMF (Vincent Cassel) comes to Korea just one week before the country goes bust, and that is when those who try to prevent the crisis, those who seek to take advantage of it, and those only trying to protect their livelihood are caught in the wake of a national bankruptcy.
Uploaded by: FREEMAN
Director
Top cast
Movie Reviews
Illuminating story
interesting
And new knowledge about south korean history, their 1997 financial crisis, a government pushing the economy down the loo and becomes bait for the imf and according to the film the usa.won they still have allthough ive seen its inflating tendencies, they couldnt take that away from them...
its a good film, very nice production quality and score, though a bit stretcehed out playtimewise, but its absolutely a recommend, by the grumpy old man
When a Tiger stumbles...
If you are a global financial news/history enthusiast, then you'll enjoy this film. Though the film tends to oversimplify the actual events, it is still informative and entertaining. Very good production, good performances from key members of the cast, and well placed newsreels from the actual crisis give the film a realistic feel without coming across as a documentary.