Manalastas, Jimbo P.

Section 3

The Wizard of Lies

This movie is very relevant now especially in every businesses. We know that there
are some employees who can access business information and they can misinterpret it,
so the people who can access may commit fraud. That beside the company’s weak
internal control. There are many issues nowadays related to business activities that’s
why there are many changes in some standards and policies to improve the reliability of
every information. The managers have become more responsible of employees but we
can’t ensure that every managers in each company can work perfectly in his/her job.
With regards to the movie, fiscal report fraud background financial articulation
misrepresentation is probably the greatest sort of extortion in the present business
world. The unpredictability and system of budget report misrepresentation brought the
consideration of auditors and controllers.
I think that this was very emotional towards the end but every movie have its own
message and it shows how our ethics and code of conduct should be acted to prevent
problems. Business with effective moral conduct or ethics can accomplish predominant
execution since what we need in handling a business is how each person or employees
act with integrity.
The music seems scary but the content is realistic. The structure of "The Wizard of
Lies" can be a bit of disappointing as the film jumps back and forth in time, organized
around a prison meet with Madoff done a long time after the place of cards crumbled,
and investing a staggering measure of energy in the insights regarding how precisely
the plan unwound. Based on my readings for this movie for further information, there's a
superior rendition of this film that is thirty minutes shorter, and I needed a greater
amount of scenes like two key flashbacks: one to a sumptuous gathering that shows
how much everybody around Bernie profited by his malevolence, and one in which
Bernie essentially needed to play swindler to keep cash coming in when the market
smashed. For the most part, "The Wizard of Lies" is a film of phenomenal acting beats
the way Pfeiffer catches a mother picking spouse over children; the manner in which
Nivola's suspicion works as he understands the open abhors him as well; the self-
evident actuality choices of a self-destruction endeavor by the Madoffs when they saw
no other way out.
An author once contrasted Madoff with Ted Bundy, and the fact of the matter is
neither saw the estimation of human life. Madoff never worried about the effect his
conduct had on the individuals around him, and the really miserable thing is that the
individuals he harmed above all else were the ones who confided in him totally, his
family. The most entrancing is the means by which well Rober De Niro depicts a man
continually rationalizing or making excuses. He guarantees that his financial specialists
and the administration would not like to look too hard on the grounds that they were
bringing in cash. It's additionally unafraid to depict Madoff as an eager butt face, the sort
of fellow who kept his children in obscurity and destroyed their possible professions,
coercing them into remaining in an unlawful activity as opposed to proceeding onward
to authentic ones.