• Why employees got fired before the big recession?

    1 month ago - By Movies Stack Exchange

    In the movie Margin Call , the opening scene showed people were being fired. In the consequent scene, Kevin Spacey, in his little pep talk says that 80% of your peers were let go.
    In the later part of movie, it is shown that the decision to sell by their firm is one of the firsts on the wall street and was anticipated to lead to market crash later on.
    So, since the recession hadn't begun during the opening scene, for what reason were 80% people fired?
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