8/13/2019 Summery of the Movie

1/2

SUMMERY OF THE MOVIE

WALL STREET, MONEY NEVER SLEEPS

The story of the movie revolves around the Wall Street market and their bankingsector during financial crises, in this movie it is all about the financial crises which two

biggest institutions of Wall Street faced and due to these two institutions many other

banks also faced the crises. These two institutions were KZI (Keller zabel investments)

and the CS (chirchill Schwartz). There were two reasons that created financial crises,

1- High interest rate charged by these institutions2- Leverage

The KZI (keller zabel investments) was the institution who faced the financial crises ,

more than 15000 employees were working with this institution around the world at that

time and due to this crises their job were at the stake, the managing partner of the KZI

Louis zabel approaches to the Federal Reserve Bank of the new York, he demanded the

monetary support from the federal reserve bank , because if government didnt support

the KZI than with the KZI many other financial institutions will also be bankrupted. The

financial institution CS (chircill Schwartz) bought the shares of the KZI. The CS (chirchill

Schwartz) offered that they will buy 2$ per share, before a month the price of these

shares were 79$ per share. Many other banks also wanted to bailout the KZI but they

want the special guarantee from the federal reserve bank of New York that this will nothappened again. KZI faced this situation because they invested in the fields where they

charged high interest rates from the borrowers and due to the high interest rate the

people were not able to suddenly pay the loans which they got from the these

institutions. The KZI invested billions of dollars in the new house projects in the united

states, and during this investment the stock market of wall street declines sharply and

this cause the decrease in the per share price of the different companies stock. High

interest rate created the difficulties for the people to pay their loan suddenly and they

were not able to pay the loan because their houses were under construction and they

dont have money.Another reason of the financial crises was leverage.

The 2nd

institution who faced the financial crises was the CS (chirchill Schwartz) it was

the famous and biggest institution in the Wall Street market and CS was supporting

many other financial institutions and they have goodwill in the Wall Street market. But

despite of the fact they also faced the same situation which was faced by the KZI (Keller

zabel investments), suddenly the stock market of the Wall Street declines 500 points,

because of this decline the loss CS (chirchill Schwartz) bared was 70 trillion dollars. With

the CS (chirchill Schwartz) More than 17 other banks and financial institutions were also

facing this financial crises. The CS (chirchill Schwartz) also approaches to the Federal

8/13/2019 Summery of the Movie

2/2

Reserve Bank of New York, they demanded the financial support from the government

because if the government didnt support the CS (chirchill Schwartz) than the CS

institution will be bankrupted and the same thing will happens with the other financial

institutions. After the hourly discussion the CS (chirchill Schwartz) demanded the 800

billion dollars from the treasury in order to eliminate financial crises it was the highestamount which was demanded by any financial institution in the history of the America.

Government involvement was the only hope of the CS (chirchill Schwartz) because

without the involvement of the government they alone cannot eliminate the financial

crises.

Both the institutions KZI (keller zabel investments) and CS (chirchill Schwartz) were

following the policy of the leverage and they were also charging highest interest rates

from their borrowers, these high interest rates looks very handsome to the institutions if

the market is stable and people are able to pay these high interest rates but in the stock

market declining situation where people have no income then it was difficult for the

people to pay that loan immediately, and this was the situation which happened with

these two financial institutions. Both the high interest rate and leverage were the

reason of financial crises which occurs in the wall street of America.

THE END