What do you call a bunch of Australians tossed down a hole? A good start. I kid of course – “a mediocre movie” is more like it. And that’s precisely what you get with Alister Grierson’s Sanctum a 3D thriller in which a crew of cave divers struggle to survive after a monsoon-driven flood pins them thousands of feet underground.
Sanctum is set in Papua New Guinea but was mostly shot in the sprawling caves of South Australia. The cast is dominated by local actors many of whom will prove unrecognizable to moviegoers residing above the equator – which frankly isn’t all that much of a hindrance since the lot of them will be killed off long before the closing credits roll.
The cast’s lone non-Aussie – and the film’s most familiar face – is Welshman Ioan Gruffudd who plays Carl a gratingly cocky American industrialist whose wealth funds the whole caving (the word “spelunking” is never used much to my chagrin) expedition and whose extreme-tourist bent compels him to come along for the ride. He also brings his girlfriend Victoria (Alice Parkinson) whose strong-mindedness you just know is going to become a liability when the sh*t hits the fan.
The sh*t in the case of Sanctum is an apocalyptic storm that arrives days before it’s supposed to triggering an avalanche of boulders that effectively seals off all possible exits. With the water level rising and a near-zero chance of rescue the group’s hardened no-nonsense leader Frank (Richard Roxburgh) decrees that their best hope of survival lies in finding an alternate means of escape via an unexplored stretch of tunnels thought to lead to the ocean.
The situation grows gradually more desperate and characters succumb one by one to the hazards of the deep in fairly predictable disaster-flick order. (The aging female is first to go followed by the ethnic guy etc.) Sanctum cycles through a series of grisly fatalities – including one delightful bit in which a shock of hair caught in a climbing apparatus results in an impromptu scalping – until finally the last man standing is Frank’s son Josh (Rhys Wakefield) a moody 17-year-old who has heretofore spent most of the film acting out with childish spite toward his neglectful dad. Out of supplies exhausted but with his exquisite surfer-dude haircut thankfully still intact Josh must complete the remainder of the harrowing journey alone.
Director Grierson packs Sanctum with some truly breathtaking visuals. The underwater cinematography shot with 3D cameras Grierson spent six-plus years developing is particularly stunning. But the film’s script clearly didn’t receive as much care and attention as its cameras. The action is occasionally gripping but the story lacks suspense and its tone largely fails to evoke the gnawing claustrophobia that presumably festers in such a dark musty subterranean labyrinth. Moreover it’s littered with truly execrable dialogue made worse by ADR that sounds as if it were recorded in a cozy basement studio.
Executive producer James Cameron is featured prominently in Sanctum’s advertising campaign but the film itself bears scant evidence of his involvement save perhaps for the splendid underwater scenes. I half-suspect he viewed the project as a tool to develop and test his 3D technology in preparation for his amphibious Avatar sequel. He certainly didn’t use it to brush up on his storytelling skills.
Much has changed in the world of finance since Oliver Stone first explored its grubby innards in 1987’s Wall Street a film that netted Michael Douglas a Best Actor Oscar for his iconic portrayal of scheming corporate raider Gordon Gekko. Technological advances regulatory changes a terrorist attack a global economic meltdown and the emergence of China as a dominant player have combined to transform the securities industry in the two-plus decades since Gekko paraphrasing Ivan Boesky first captured its more sinister aspects in those famous words “Greed is good.”
What hasn’t changed is Stone who remains every bit as hubristic and heavy-handed as ever. With his sprawling spotty follow-up Wall Street: Money Never Sleeps he has once again taken it upon himself to put forth the definitive portrait of the culture of money and the film suffers badly for it. Set in 2008 in those halcyon days just prior to the subprime mortgage crisis and its subsequent leveling of financial landscape the film is told through the wide eyes of young Jake Moore (Shia LaBeouf) the 21st-century heir to Bud Fox’s mantle. (Charlie Sheen who portrayed Fox in the first film resurfaces in a fun but ultimately pointless cameo in the sequel.)
Jake we are told is a successful proprietary trader but his countenance more closely resembles that of a venture capitalist. (The risky practices and alleged conflicts of interests of prop traders are widely believed to be among the causes of the financial collapse; the Obama administration has recently proposed their ban.) Though he’s as profit-driven as any other young Wall Street turk he also boasts something of an idealistic streak and hopes to use his position at the prestigious investment banking firm of Keller Zabel to further the cause of a cutting-edge green energy startup. No doubt it’s this noble trait that appeals to his girlfriend Winnie (Carey Mulligan) a progressive pixie who runs a muckraking leftist blog and who also happens to be Gekko’s estranged daughter.
Jake’s bright future takes a dark turn when rumors of over-exposure to “toxic assets” swallow up first his company Keller Zabel and then its founder Lou (Frank Langella) who opts to retire beneath a speeding subway train after the Federal Reserve denies his request for an emergency bailout. Devastated by the suicide of his boss and mentor Jake vows to exact revenge upon the slithery brute he believes to be the source of the poisonous rumors: Bretton James (Josh Brolin) a prominent partner at Churchill Schwartz (read: Goldman Sachs) Keller’s chief rival.
And where exactly does Gordon Gekko figure in all of this? After the opening sequence during which he emerges from a lengthy prison stay to find no one waiting to greet him Gekko doesn’t re-enter the story until about the 30th minute and lurks mainly on its periphery for much of his screen time. In the years since his incarceration for the various misdeeds chronicled in the first film he’s rebranded himself as a sort of populist crusader against speculator avarice hawking a book about the ills of the financial system entitled Is Greed Good? (“You’re all pretty much fucked ” he instructs a lecture audience.) Gekko’s got a grudge of his own against Bretton his one-time protege turned state’s witness in his securities fraud conviction and he agrees to supply Jake with crucial insider info in exchange for help in brokering a reconciliation with his daughter Winnie.
All of this is set against a backdrop of the collapses and bailouts of the 2008 financial tumult — a topic that could easily warrant its own film. (Indeed HBO is currently readying its adaptation of Aaron Ross Sorkin’s book about the crisis.) His ambition outstripping his ability Stone labors awkwardly to integrate the macro of the crisis with its many backroom deals and soap-opera intrigues and the micro of Jake’s increasingly complex relationship with Gekko. Mulligan’s character meant to serve as the film’s emotional anchor as well as its conscience is ultimately little more than a distraction diverting us from the story’s more compelling elements. The last third of the film which focuses on Gekko’s reemergence as a Wall Street player feels tacked-on as if driven by data from test audiences dissatisfied with his relatively minor presence in the early goings.
There are moments in Money Never Sleeps where Stone successfully invokes the heady verve of the 1987 film but for a story dealing with such titillating subject matter its pace too often drags to a near-halt as it wallows excessively in Gekko family melodrama. (The performances it should be noted are all terrific though LaBeouf is an exceedingly tough sell as a would-be BSD.) And a topic as sexy as money should never ever be boring.