Hedge Fund Move Debuts At Cannes To Mixed Reviews

May 29 2012 | 8:26am ET

At last week's Cannes Film Festival, much of the buzz surrounded a hedge fund manager.

Not a real hedge fund manager, of course, but the hedge fund manager played by "Twilight" heartthrob Robert Pattinson in "Cosmopolis." And much of the buzz might lead a real hedge fund manager to short the film, big time.

"Cosmopolis" debuted to decidedly mixed—to be generous—reviews at Cannes, where it competed for, but did not win, the prized Palme D'Or. It tracks a 28-year-old hedge fund billionaire—Pattinson—in his journey across Manhattan to get a haircut, featuring visits to his limo from his analysts, proctologist, art adviser/mistress, Wall Street protesters and a former employee.

The film was directed by David Cronenberg and based on a 2003 Don DeLillo novel of the same name.

"It's very easy to say that this character, Eric Packer, is a vampire or werewolf of Wall Street, but really that's fairly superficial," Cronenberg said, alluding to the films that made his star a megastar. "This is a real person with a history and a past, and the history and the past is not 'Twilight,' it is 'Cosmopolis.'"


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