Oliver Stone Doesn’t Need to Know What a CDO Is to Know What One Feels Like


Oh yeah, that was impossible,” director Oliver Stone tells the Daily News today, about the difficulty of basing his upcoming movie, Money Never Sleeps, on a Wall Street crisis that stemmed from complex financial instruments. “How do you explain a credit default swap? ‘Moral hazard’ is mentioned in the movie; so are ‘CDOs’ [collateralized debt obligations]. But you know what? At the end of the day, we don’t need to know. You sense it emotionally; you get it from the actors.” [NYDN]