Junior risk analyst Seth Bregman (Penn Badgley), his more senior colleague Peter Sullivan (Zachary Quinto), and trading desk head Will Emerson (Paul Bettany) watch as a contracted temporary human resources team, hired by their firm, conducts an unannounced mass layoff action, right on their trading floor, at the start of an otherwise normal business day. One of the fired employees is Peter and Seth's boss, Eric Dale (Stanley Tucci), who heads risk management on the floor. In his exit interview, Dale attempts to tell his now former employer that the firm should look into what he has been working on. The contracted human resources staff have no interest other than his quickly leaving the building. While Dale is being escorted out, he gives Peter a USB memory stick with a project he had been working on, telling him to "be careful" just as he boards the elevator.
That night, Sullivan finishes Dale's project and discovers that current volatility in the firm's portfolio of mortgage backed securities will soon exceed the historical volatility levels of the positions. Because of excessive leverage, if the firm's assets in mortgage-backed securities decrease by 25%, the firm will suffer a loss greater than its market capitalization. He also discovers, that given the normal length of time that the firm holds such securities, this loss must occur. So Sullivan alerts Emerson, who calls floor head Sam Rogers (Kevin Spacey). watch more
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