Arriving with very little fanfare on Amazon Prime, the Italian TV series “Devils” is easily the most penetrating narrative drama on “banksters” I have ever seen. Set mostly on the trading floor of New York London Investment Bank, an obvious fictional version of Goldman Sachs, it stars Alessandro Borghi as Massimo Ruggero, who manages the hedge fund group and is in line to become the next co-CEO. He is opposed by a rival for the position who views Massimo’s cutthroat tactics as inimical to British banking’s glorious past, when the bank supposedly served the average citizen rather than speculators only interested in making a fast buck. He is not shy about telling Massimo to his face that Italians don’t belong in leading positions in such an august institution like NYLIB.

This 10-part series is based on the novel “Diavoli” that was written by Guido Maria Brera, an Italian who worked for a number of years in the financial industry. His experience help gives the book a palpable reality of the sort that makes ex-attorney John Grisham novels about law firms so compelling. Saying that, it is necessary for those viewing “Devils” to be prepared for financial industry minutiae, especially selling short—Massimo’s specialty. Showing little concern for the consequences of its impact, he left behind ruin everywhere he decided to make profits off ordinary peoples’ losses.

full: https://louisproyect.org/2021/06/18/devils/



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