Wednesday 1 January 2020

No.148 : The Laundromat (2019)



This is bound to be good; Steve Soderbergh directing Meryl Streep in a film about losing socks and using the wrong type of fabric conditioner.

What? It’s a metaphor for the financial system? Well, OK then.

The film starts with Gary Oldman and Antonio Banderas giving us a pretty patronising lecture about the nature of money. This is well done as they wander past cave men and end up in a fancy nightclub. It’s not clear who there are or why they are adopting funny accents but more will be revealed.

The film proper opens with Meryl and her husband James Cromwell going on a nice lake cruise, but things go quickly awry when the boat sinks leaving James at the bottom. Guess they shouldn’t have had the T1000 Terminator run the excursion! Meryl isn’t after the money but she’s shocked when she finds the insurance, which had been arranged by Ross off of ‘Friends’ wasn’t valid. There followed a seemingly dull section about reinsurance, but I quite enjoyed it as that’s my line.

The film is divided into various sections with cool graphics and title cards, and we follow where the insurance premium went and how the system is totally corrupt. Meryl gets a small settlement and advice to take a holiday. She does, but only to Nevis where the shell company who provided the reinsurance is based. She runs into the company owner, Jeffrey Wright, who is too busy working on his terrible Jamaican accent to give her any time. Meryl was wanting to buy a flat in Vegas off Sharon Stone but can’t because of a lack of cash and due to Russians gazumping her with a massive cash bid.

We start to delve deeper into the shady world of shell companies and meet Gary and Antonio in their real form as corrupt bankers. They run thousands of paper companies which have their secretaries as signatories and who have zero ethics or responsibilities. When one secretary dies of a consequence of a dodgy road begat of a corrupt financing scheme another steps into her shoes - this one looks and sounds a bit familiar though? Actually she looks like the Bo’ Selecta version of Lorraine Kelly, but I’m sure it’s just an unusual looking actress.

A further layer of the corrupt world plays out with an African bribe merchant who is having family troubles, owing to him getting friendly with the daughter’s room mate. Surely nothing will bring down this elaborate web of financial dubiety?

I only watched this Netflix film as it started with an ‘L’ but I was glad I went in unaware of its pedigree and subject matter. It was good fun to see a lot of familiar faces albeit in smaller roles that demanded funny accents. It was only after about 70 minutes that the penny dropped and I realised the ‘based on actual secrets’ opening caption may actually have been true for once.

The production was slick from the exotic locations, stellar cast and funky graphics. It covered a lot of similar ground to ‘The Big Short’ but was far more interesting than that. Streep was the back bone of the film and came across well as the swindled widow. Maybe less good in a second role however.

The only problem for me was the preachy end piece with Streep giving an impassioned plea for change. All very good but if I wanted politicking I’d watch panorama!

The film wasn’t scared to break the fourth wall with Oldman and Banderas wandering in and out of scene to explain stuff and show their shady influence. I also liked them breaking the fourth wall to reveal that director Soderbergh had five companies of his own. This kind of undermined the premise of the film as those involved are no doubt in the 1% paying the very least amount of tax that they can get away with.

It was however entertaining and revealing and well worth a look.

THE Tag Line : What’s in Your Wallet? 75%




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