October 19th, 2012
01:08 PM GMT
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Director Nicholas Jarecki tells CNN's John Defterios that his new film Arbitrage shines a light on the often shadowy world of the hedge fund manager – a figure demonised in the wake of the 2008 global financial crisis.

"What I enjoy in my entertainment is the identification with the flawed character because I can see the flaws in myself. Every failing this character has I have."

The main character in the film has drawn comparisons with disgraced American financier Bernard Madoff, who is now serving 125 years in prison for running a multi-billion dollar fraudulent Ponzi scheme.

However Jarecki says the comparison is not entirely accurate – and that his character does not set out to do wrong.

"I read actually an interview from jail where [Madoff] said 'forget my victims, I carried them for 25 years and now I'm doing 125 years'.

"So I thought that's a sociopath, and in film terms it would be good for a short film but beyond that it would be kind of a boring character because he's mentally ill, he doesn't care about anything, there's nothing to do there.

"What I wanted to do is take a character who was more of a good man who had principles who had ideas but had became corrupted over time."

Filed under: Global Exchange


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About Global Exchange

Global Exchange explores how emerging markets are impacting and influencing the global financial community, at a time when business is a vital driver of the international news agenda.

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