• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Arts & Entertainment

Jodie Foster Says ‘Money Monster’ Isn’t About Jim Cramer

By
Joe Neumaier
Joe Neumaier
Down Arrow Button Icon
By
Joe Neumaier
Joe Neumaier
Down Arrow Button Icon
May 13, 2016, 8:00 AM ET
George Clooney (center) stars as Lee Gates in TriStar Pictures' MONEY MONSTER.
George Clooney (center) stars as Lee Gates in TriStar Pictures' MONEY MONSTER.Photography by Atsushi Nishijima ©2016 CTMG, Inc. All rights reserved. **ALL IMAGES ARE PROPERTY OF SONY PICTURES ENTERTAINMENT INC. FOR PROMOTIONAL USE ONLY. SALE, DUPLICATION OR TRANSFER OF THIS MATERIAL IS STRICTLY PROHIBITED.
Add Fortune on Google for similar content.

The explosive relationship between people and their financial identities — our inner bulls or bears, nice guys vs. NYSE guys — is the crux of a new Hollywood film, Money Monster. Opening May 12 and premiering at the Cannes Film Festival, the financial thriller features George Clooney as a Jim Cramer-type who glibly offers stock tips on his TV show. When a young, hard-working man (Jack O’Connell) loses his family’s savings on one of those tips, he takes Clooney’s character, Lee Gates, hostage on live TV, makes him wear a suicide vest and demands answers.

Director Jodie Foster said that the film is not meant to be a polemic against capitalism. “We’re not saying in this film that the system is wrong. But what we are saying is that there are abuses to the system that are built into human nature,” she told Fortune. “Many of our ideas of value about ourselves are unfortunately commingled with ones or zeros: ‘If I’ve got more zero’s [in my bank account], I’m more valuable. If you have less zero’s, you’re less valuable.’”

In doing research for the TriStar Pictures $30 million film, Foster said she met with “hedge fund managers, brokers, traders, regular investment guys. I went to the floor, the whole thing. We ran the gamut.” She said she also got live TV tips from behind-the-scenes production teams at CBS, which let Foster film the movie’s interiors at its west side facilities in Manhattan.

Clooney’s Gates is like a carnival barker ringing the Opening Bell. Holding court on the set of his show — which is also titled “Money Monster” — Gates dons a gold top hat and does a hip-hop grind when he’s got a hot tip, and throws around prop axes and wild-man shtick while his producer, Patty (Julia Roberts), talks to him through his earpiece. Yet Gates has no answers when confronted by the young man, Kyle, whose investments in a shady stock went south due to a “glitch.”

Cramer, the host of CNBC’s “Mad Money,” in 2008 told his viewers that “Bear Stearns is not in trouble … Don’t move your money from Bear,” five days before the brokerage firm’s stock fell a whopping 92 percent. Which led to a celebrated, 2009 takedown by The Daily Show host Jon Stewart.

Foster insisted she had never watched Cramer when she read the “Monster” script several years ago — nor did she model it on Cramer and his show. “I didn’t know Cramer then, and Cramer would [likely say], very heatedly, ‘This is not based on Jim Cramer!’ There are a lot of financial hosts, he’s just the most famous,” she said, adding, “We saw the character of Lee Gates as somebody who likes martinis, mahogany bars and Dean Martin, an old-fashioned, retro guy in this new technology world. Jim Cramer is definitely not that!”

Still, her critique of Gates’ character is not that far from what Stewart said in his 2009 interview with Cramer. “Gates represents, in general, a lack of responsibility to —not celebrity, that’s the wrong word — but to the ‘cult of personality,'” Foster said. “People need to be conscious of the fact that this kind of stuff is involving people’s lives.” Stewart was a bit blunter, saying what CNBC and Cramer had done was “disingenuous at best and criminal at worst.”

Money Monster paints an overheated but not unrealistic depiction of back-room shenanigans and the tech-based dangers of algorithmic trading. When the stock, Ibis Clear Capital, mysteriously collapses due to a “glitch,” an unscrupulous CEO played by Dominic West indicates he may know what caused the glitch that was Kyle’s undoing.

“We didn’t make the idea of a ‘glitch’ up,” Foster says, noting in 2012, a trading software “technology issue” at the financial services firm Knight Capital Group sent incorrect orders in securities, resulting in the company’s $440 million pre-tax loss. “When Knight Capital went down in 2012 over the course of, like, 20 minutes, the entire company collapsed in one day.”

Foster acknowledges that, in 2016, “Money Monster’s” edgy, “Dog Day Afternoon”-style intersection of media overload and failed American Dream seems easy to believe. “Kyle is a guy who did everything right. He worked hard, he saved his money and listened to a TV expert and took that person’s advice for what is safe — and that’s why he’s enraged,” she said. “He basically got swindled. Twenty years ago, if I’d pitched this story, people would have said, ‘Oh, wow, it’s a satire, right?’ But not so much anymore.”

Joe Neumaier is a New York-based film journalist. He’s the on-air critic for WOR-710AM and has written for Time, the New York Times, EW, and the New York Post. He was formerly the Chief Film Critic and Film Editor at the New York Daily News.

 

 

About the Author
By Joe Neumaier
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Arts & Entertainment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Arts & Entertainment

European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
Startups & VentureSports
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
By Catherina GioinoJuly 31, 2026
12 hours ago
chad
Arts & EntertainmentLaw
The Black Panther’s tragic coda: Chadwick Boseman’s brothers want his widow removed from his estate — and held in contempt
By Reid Kress Weisbord, Naomi Cahn and The ConversationJuly 31, 2026
16 hours ago
cuban
Arts & EntertainmentMark Cuban
Mark Cuban’s Las Vegas A’s investment is his ‘Sports 2.0’ Dallas Mavericks playbook all over again — with one key change
By Joshua HongJuly 31, 2026
16 hours ago
‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years
SuccessRetirement
‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years
By Nick LichtenbergJuly 31, 2026
17 hours ago
Young Gen Z content creator films videos
Successinfluencers
More than half of Gen Zers want to become influencers—so now Arizona State University is offering a content creation degree for $142K
By Emma BurleighJuly 31, 2026
17 hours ago
The rise of ‘conspicuous waiting’: The 19th-century economic theory that explains why Gen Z posts their place in line
RetailGen Z
The rise of ‘conspicuous waiting’: The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
1 day ago

Most Popular

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
1 day ago
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
Personal Finance
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
1 day ago
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Big Tech
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
By Alexei OreskovicJuly 30, 2026
1 day ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
3 days ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
3 days ago
This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI
AI
This Dutch bookseller thought a request for 3,000 copies was 'spam or phishing.' Instead, AI companies are scanning and destroying books to train AI
By Tatiana SatauaJuly 31, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.