TV & DVD Review: The Moneychangers (NBC)

Dec 11, 2019 | Business, Home Entertainment, Television

The Moneychangers, a four-part 1976-1977 winter miniseries that aired on NBC, is based on the bestselling novel by Arthur Hailey, who also wrote Airport and Hotel. The miniseries has a varied broadcast history as it’s been re-broadcast in a few incarnations, having been split into shorter or longer segments of varying lengths. I watched the approximately eight-hour series on DVD.

The television drama is better than I’d expected. Combining subplots that feed into the history, conflict and survival of an American bank, which is what makes this miniseries appealing, The Moneychangers shows how general consumer banking works. How many TV series, then or now, revolve around the boardroom discourse, daily operations and profitability of a bank? I’ve never read the novel, though I’ve read some of Hailey’s fiction, which I’ve enjoyed as light industrial or business-themed entertainment.

Buy the DVD

The Moneychangers, produced by Ross Hunter, who’d previously adapted Hailey’s Airport into one of Hollywood’s first major blockbusters in 1970, makes me want to read the novel. With a musical score by Henry Mancini (The Pink Panther, “Moon River” from Breakfast at Tiffany’s), a cameo by Marla Gibbs (Florence on The Jeffersons), a radical, anti-profit Elizabeth Warren-type character and leading performances from Christopher Plummer (The Sound of Music) and Kirk Douglas (Paths of Glory) as two bankers competing for the bank’s top executive position, the miniseries has potential.

The Moneychangers bundles its variety, potential and possibility for good drama, or at least melodrama. Especially with pre-Dynasty Joan Collins as an upscale prostitute on a crooked banker’s (post-Bonanza Lorne Greene) payroll. Look for Robert Loggia (The Jagged Edge), Stan Shaw (Scared Straight) and Patrick O’Neal (The Doris Day Show) as a crime boss, young black activist and advertising crony.

Timothy Bottoms (The Last Picture Show) plays a handsome young bank employee who embezzles the bank, gets caught, tried and convicted. He then serves time in prison. After he’s gang raped, he succumbs to an interracial same-sex relationship for protection. Later, upon his release from prison, the bank gives him an opportunity for a fresh start but it involves going underground to bust a counterfeit ring, with help from a single Latina mother and bank teller with whom he falls in love.

So, this is not typical mid-Seventies network television programming. Anne Baxter (All About Eve) co-stars as a top notch bank executive. Hayden Rorke (Dr. Bellows on I Dream of Jeannie) and Ralph Bellamy (Roots) also star in key roles. Look for Helen Hayes (the Boeing 707 stowaway in Airport) as an empathetic doctor.

The central plot involves the contentious rise of the two bankers seeking the bank’s top position after a grandson of the bank’s founder announces that he’s been diagnosed with terminal cancer. Add to this a run on the bank, the “social justice” warrior (Susan Flannery), class and racial strife, a terrorist bombing, a mentally incapacitated spouse, suicide and a crime syndicate and The Moneychangers moves briskly with a sense of purpose. Unfortunately, the theme’s not an endorsement of capitalism. But, for a pre-high technology, pre-mergers and acquisitions showcase of banking, as with Airport and Hotel, I found the dramatization of the industry fairly accurate, relevant and absorbing.

Kirk Douglas is relatively subdued for a change, not hamming up every scene, gritting teeth and overacting, though he does show off his muscles. This is some of Douglas’s best acting. Plummer strongly plays a Puritanical second-hander and pulls off a powerful climax. The late Percy Rodrigues, in the best acting performance and role of his enduring career, plays the bank’s security chief. He catches the Bottoms character in crime and serves one of the The Moneychangers’ best performances and subplots. Anyone who works in banking or wonders what’s involved (or was in the mid-70s) in money-making, saving and changing will probably find something here to appreciate and enjoy, even if half-naked Collins and some of the cast are cheesy in that melodramatic acting style.

The Moneychangers does not depict high finance. But it entertains.

 

Movie Review: The Current War

Nov 7, 2019 | Movies

The Current War, The Director’s Cut, a strange 2017 movie, finally debuted this fall. It had been languishing in the aftermath of the Me, Too movement that annihilated the movie studio that made The Current War.

The newly released movie, produced by an uncredited Harvey Weinstein (The King’s Speech) and Martin Scorsese (Taxi Driver) among many others, features Michael Shannon (The Shape of Water) as George Westinghouse, Nicholas Hoult as Nikola Tesla and Benedict Cumberbatch (War Horse) as Thomas Edison. This should be an amazing movie.

But it isn’t and, after everything but the kitchen sink was hurled at this movie regardless of merit and through no fault of its own, one can only hazard a guess as to why it is not as good as it might have been.

The Current War is not amazing. It’s barely interesting, though it is interesting — how could it not be, given its subject? — and it gets better as it goes along. 

Beginning with the sound of winter’s wind as a blindingly white snowstorm engulfs one man in black, depicting a world in white and black in desperate need of color and light, The Current War comes up with a fast and dizzying array of scenes that zip and do not linger. But it becomes clear without proper exposition that Edison in 1880 has arrived “to give light” with a patent application. 

Details are hard to make out. Director Alfonso Gomez-Rejon, working with playwright Michael Mitnick’s screenplay, opted for a hurried first half for reasons that remain unclear. The Current War, which essentially depicts electricity competition within a 13-year span when America had the closest the world’s ever known to having a purely capitalist economy — that is, with some statism but without near-total government control of economics, such as anti-trust law, an income tax, Social Security, Medicare, ObamaCare and control of utilities as monopolies — morphs from man to man contest over electrical currents into a more benign account of both mens’ characters. Like The Founder, The Current War can’t decide where it stands on the morality of a capitalist, let alone capitalism.

Ultimately, it sort of apologizes for their supposed excesses and ruthlessness in the subsidiary character Hoult portrays, Nikola Tesla, whose academic presentation to a small gathering at Columbia College on May 20, 1891 marks a turning point. Immigrant Tesla as the eccentric futurist fits Texas native Gomez-Rejon’s and Pittsburgher Mitnick’s theme that capitalists can do good and bad alike, so the notion which emerges is that capitalism represents both the potential for promoting life and hastening death; it could make peace or it could start war.

This undeveloped theme has certain possibilities, largely unrealized here. By the time the film’s climax comes to Chicago for each capitalist’s presentation to the cronies that control the Columbian Exposition of 1893, both men have compromised themselves to a certain degree, though, arguably, Westinghouse comes off as more principled. The best line of this historically based movie, which plays with the lights and probably the facts a bit too much, is when a question is put to Tesla after he proposes a new idea: “Are you serious?” Tesla deadpans: “Almost always.” 

The Current War might’ve been grand. Shannon and Cumberbatch are in fine form as always. Hoult is very good as Tesla. There are glimpses of a vision. But it moves too fast, shows too little and emits the quality of one of those non-fiction programs on a cable channel that dramatizes historical reenactments. Diehard fans of Edison, Westinghouse, Tesla and members of the cast and crew may find something here to appreciate and enjoy. But there’s not enough of a driving sense of purpose to power The Current War.