The 10 Best Finance and Wall Street Movies

The financial world, in all its incarnations, makes for great cinema. Tragedy, comedy, ingenuity, catastrophe, and redemption are all present in the many finance movies that Hollywood has produced over the years.

While most finance movies portray financial professionals in a less than flattering light, the unbelievable stories of excess, risk-taking, and, of course, greed all make for compelling cinema. They are required viewing for anyone thinking of, or already working in the business.

The 10 finance and Wall Street movies below, in no particular order, were chosen for their financial and stock market storylines plus their “plucked from the headlines” resonance.

10. Wall Street (1987)

One finance movie every professional should consider seeing is the Oliver Stone classic that got thousands of college graduates to utter the immortal phrase “Blue Horseshoe loves Anacott Steel” as they rushed to their Series 7 exams.

Originally crafted to show the excess and hedonism associated with finance, “Wall Street” still wields power as a recruiting tool for traders, brokers, analysts, and bankers nearly 30 years after it was made.

Although the Wall Street movie serves to warn us about the dangers of insider trading, let’s face it, who wouldn’t want to be Bud Fox or even Gordon Gekko and indulge a bit in our greedy side? After all, it was Gekko who famously said, “Greed is good.”

9. Wall Street: Money Never Sleeps (2010)

Oliver Stone’s 2010 sequel, Wall Street: Money Never Sleeps, set against the backdrop of the 2008 financial crisis, speaks to the dangers of unchecked speculation and financial bubbles.

Stone reintroduces, now “reformed,” Gordon Gekko, after his release from prison for insider trading. In an effort to rebuild his empire, Gekko hawks his book and warns of a looming financial collapse. Not truly reformed, Gekko finds himself re-entangled with the rat race.

While it never reached the iconic status of the original, Money Never Sleeps offers a timely reminder, especially since most investors still vividly remember The Great Recession, that greed never really sleeps—especially on Wall Street.

8. Barbarians at the Gate (1993)

This 1993 TV movie centers on the leveraged buyout (LBO) of RJR Nabisco, and it’s based on the 1989 book of the same name by Bryan Burrough and John Helyar. While the movie does take some creative liberties in portraying this real-life event, audiences may be shocked and amused at the incompetence and greed of Nabisco’s CEO, F. Ross Johnson, and the behind-the-scenes negotiations and skullduggery around this famous LBO.

7. Glengarry Glen Ross (1992)

An acclaimed big-screen adaptation of a David Mamet play, this infinitely quotable movie focuses on a team of downtrodden real estate salesmen whose morals have been utterly eroded after years of working for their unscrupulous company.

The movie showcases the greed and underhanded tactics that those in financial product sales positions may be exposed to. It underscores the unremitting pressure exerted on salespeople by their superiors who have sales goals to meet. 

While the entire cast is top-notch, Alec Baldwin’s motivational speech steals the whole movie. It brings to light the best and worst aspects of working in the financial industry under enormous stress.

6. Rogue Trader (1999)

This movie tells the true story of Nick Leeson, a trader who single-handedly caused the insolvency of Barings Bank, the world’s second-oldest merchant bank.

A rising star on the Singapore trading floor, Leeson blew up as quickly as he rose, covering enormous losses from his superiors in carefully hidden accounts. His actions eventually lead to the mother of all failed trades with a short straddle position on the Nikkei, which ends up experiencing a large sigma move.

While the movie is entertaining, it’s Leeson’s story itself that makes for a great lesson in risk management and financial oversight.

5. Enron: The Smartest Guys in the Room (2005)

Though the events contained in the documentary “Enron: The Smartest Guys in the Room” occurred more than 20 years ago, they still have the power to shock.

Based on the best-selling book of the same title, the film relies on a trove of video footage, congressional hearings testimony, and interviews with Enron executive Mike Muckleroy and whistle-blower Sherron Watkins, to argue that Enron, far from being a stellar energy corporation that lost its way, was actually a con game almost from the beginning.

In one of the more stunning revelations, the film lays out how the California energy crisis of 2001 was a sham created by Enron traders, who are overheard asking plant managers to “get a little creative” in closing plants for “repairs.” Enron shut down at least one power plant on false pretexts, according to sources, which illegally manipulated the state’s energy supply and relentlessly drove up the price of electricity.

4. The Wolf of Wall Street (2013)

This Martin Scorsese-helmed biopic chronicles the rise and fall of a famous stock scammer, Jordan Belfort. It features excellent performances by Leonardo DiCaprio and Jonah Hill.

“The Wolf of Wall Street” is based on real-life events. This finance film looks at the infamous Stratton Oakmont, an over-the-counter brokerage firm, and a pump-and-dump scheme that helped launch the IPOs of several large public companies during the late 1980s and 1990s.

3. Boiler Room (2000)

While “Barbarians at the Gate” takes place in the glitz and glamour of a corporate boardroom, “Boiler Room” is set on the absolute lowest rung of the financial firm ladder: the pump-and-dump scheme.

The term refers to unscrupulous firms boosting the price of a security with misleading and sometimes false statements. They then sell their own holdings of the security, leaving investors with stock that’s lost its value.

“Boiler Room” is a work of fiction, but pump-and-dump firms are very real, as are the pain and suffering they inflict upon their victims.

This finance movie serves as a warning for those starting to invest in the stock market to stick to transparent, solid companies and to invest based on sound fundamentals. Viewers of “Boiler Room” won’t soon forget the adage “If it sounds too good to be true, it probably is.”

2. Margin Call (2011)

Perhaps the most financially accurate movie on the list, “Margin Call” takes place over the span of 24 hours in the life of a Wall Street firm on the brink of disaster (modeled closely after some of the bulge bracket banks).

“Margin Call” does little to hide its contempt for the reckless risks taken by some of the largest banks in the run-up to the 2008 financial crisis. It highlights the trading of complex derivative instruments that investment banks themselves barely understood.

A poignant scene in the movie features two main characters talking about the catastrophe that is soon to be unleashed upon not just their firm but the whole unsuspecting financial community of companies and investors as well, as a janitor stands between them, completely oblivious to what is going on.

1. The Big Short (2015)

Based on the nonfiction book “The Big Short: Inside the Doomsday Machine” by Michael Lewis, this movie follows a few savvy traders as they become aware—before anyone else—of the housing bubble that triggered the financial crisis in 2007-2008.

The movie is known for how it cleverly presented explanations of sophisticated financial instruments. For example, it has actress Selena Gomez explain what synthetic CDOs are at a poker table and actress Margot Robbie explains mortgage-backed bonds in a tub with champagne.

The Bottom Line

Reading books and watching films about the financial world can help to illustrate broad financial topics. These movies are a must-see for any prospective financial pro. Even if you aren’t thinking of a career in the field, these films can provide a bit of insight into the wild and sometimes absurd world of finance.

As the saying goes, “truth is stranger than fiction,” and as events like the 2007-2008 financial crisis, the fall of Enron, and the Madoff scandal show, real life can be far more unbelievable than any tale Hollywood can craft.