The Laundromat had its world premiere at the Venice Film Festival on September 1, 2019,[2] and was released in select cinemas on September 27, 2019, before its streaming release on October 18, 2019, by Netflix. The film received mixed reviews from critics.
Plot
Lawyers Jürgen Mossack and Ramón Fonseca introduce themselves, along with the concept of money and credit. The pair serve as narrators for three stories of people around the world who are adversely affected by the machinations of their company, Mossack Fonseca. While the story has been somewhat fictionalized, the names of the law firm at the center of the scandal,[3] along with those of its founders, were not.[4]
Characters Ellen Martin and her husband, Joe, are on a pleasure boat, the Ethan Allen at Lake George, New York, when it capsizes, drowning Joe and many others. When Ellen tries to get compensation from the boating company for Joe's death, she cannot because the reinsurance company that the boat company's owner and son, Matthew, bought their policy from, was sold to another company based out of Nevis. The Nevis-based company is actually a trust of one of Mossack's shell corporations, which is under investigation by the Internal Revenue Service (IRS) for fraud.
When her attempts to contact Mossack and the Nevis-based company are unsuccessful, Ellen travels there to confront Malchus Boncamper, the manager of the trust. When Ellen bumps into Malchus, not knowing who he is, she asks questions about his firm's location. He lies and walks away. When Malchus travels to Miami he is arrested by IRS-CI Special Agents at the airport.
The second story is about Simone, who is the daughter of Charles, an African billionaire. When Simone discovers her best friend is having an affair with Charles, he offers her shares (supposedly worth $20 million) in one of his investment companies to keep her silence. She accepts his offer, but when she travels to Mossack's offices in Panama City to claim the shares, they turn out to be worthless because they are actually part of a shell company under Mossack that only exists on paper.
The third story is a dramatization of the death of Neil Heywood, part of the Wang Lijun incident. Heywood (renamed "Maywood" in the film), is an intermediary for wealthy Chinese looking to funnel money abroad. He visits a Chongqing hotel to meet Gu Kailai. Maywood demands and pressures Gu for a much higher price if she wants him to continue laundering money for her family through a shell company Mossack owns. Gu responds by poisoning Maywood's drink. Gu discloses the incident and reports Maywood to Chongqing police chief Wang Lijun who secretly records the conversation; he then reports her to the Chinese government. The story ends with the arrest of Gu and her husband Bo Xilai for Maywood's murder and for corruption.
The film ends with the leaking of the Panama Papers and subsequent police raids on Mossack Fonseca, the brief imprisonment of Mossack and Fonseca, and the shutdown of the firm. Mossack and Fonseca, along with Meryl Streep as herself, remind viewers that many such companies still exist, and the practice of money laundering and corruption using fake trusts and shell companies based in tax havens is still widespread. Streep closes the film with a statement about the immediate need for campaign finance reforms in the US before adopting the Statue of Liberty's pose.
In a 2019 interview with Risa Sarachan in Forbes, Steven Soderbergh described his goal for the take away from this film: "... my response is two-fold. One, well, in terms of policy you might want to think about supporting people who believe this is an issue that needs to be addressed. And do a little dive into how they think it should be addressed. Part two is to look around you and realize to what extent we are all touched by it. Whenever you think about, well, who owns this block? Who owns the real estate in my neighborhood? Who owns the real estate where I go shopping? It's sort of like the dark matter of our socio-economic life, these companies that behave like this. This is everywhere, and just being aware of it - I think if you're being inoculated to think that way or look at things that way, that's better than being oblivious or ignorant."[5]
On review aggregatorRotten Tomatoes, the film has an approval of 41% based on 177 reviews, with an average rating of 5.4/10. The site's critical consensus says: "The Laundromat misuses its incredible cast by taking a disappointingly blunt and unfocused approach to dramatizing the real-life events that inspired it."[19] Based on 37 critics on Metacritic, the film's weighted average score is 57 out of 100, indicating "mixed or average reviews".[20]
Todd McCarthy of The Hollywood Reporter wrote: "there's a kind of off-putting effrontery about Soderbergh's approach here that rather sours the whole experience. The tone is brittle, the attitude arch, the performances by a savvy and diverse cast uneven."[21]
Richard Roeper of the Chicago Sun-Times called it "a muddled, meandering, hit-and-miss social satire and political commentary that's too heavy on the latter category and often lacking in the former."[22]Alonso Duralde of TheWrap wrote: "The Laundromat flails about, with an excess of bad ideas that undercut the justifiable outrage over the events depicted."[23]
Owen Gleiberman of Variety gave it a positive review and wrote: "The Laundromat is Soderbergh at his most playful, and also Soderbergh at his most wonkish, and damned, in this case, if the two don't chime together."[24]A.O. Scott of The New York Times wrote: "Soderbergh and his top-notch cast (Sharon Stone shows up, as do Jeffrey Wright and Matthias Schoenaerts) keep things lively, playing out parables of betrayal and deception with pulpy, TV-movie flair."[25]
Accolades
Award
Date of ceremony
Category
Recipient(s)
Result
Ref.
California on Location Awards
December 15, 2019
Location Team of the Year - Independent Feature Film
Ken Lavet, Leslie Thorson, Rachel Nelson, Anna L. Coats, Lee, Matthew Bolin, Lee David, Peter Cubas, Neil Dave
The film was criticized for its use of brownface, casting Streep in a secondary role as a Panamanian woman called Elena.[26][23][27][28] Soderbergh acknowledged the controversy, but felt that in the context of the story the dual role was justifiable. He also felt that as a comedy trope it was acceptable and compared it to Oldman's impression of a German person, and that there are different rules for comedy.[26]
On October 16, 2019, weeks after its limited theatrical release and just two days before its scheduled streaming release, the two Mossack Fonseca law firm partners at the center of the film, Jürgen Mossack and Ramón Fonseca, sued Netflix in an attempt to block the film's release.[29][30] They argued the film defamed them. Netflix responded the next day, calling the suit "laughable," and argued the film was "constitutionally protected speech."[31] A Connecticut judge denied the injunction and moved the case to California, allowing the film to be released as planned.[4][32] The Panamanian government also expressed strong objections to the film's release. In December 2019, a U.S. District Court Judge ruled that the film did not defame Mossack and Fonseca; and was protected under the First Amendment to the United States Constitution as free speech.[33][34]
Panama's vice president José Gabriel Carrizo pledged that Panama would do everything in its power to "fix" the country's image worldwide.[35][36]
Because the movie involves disgraced Chinese politician Bo Xilai, and the sensitive topic of organ harvesting of Falun Gong practitioners, it was blocked from release in China and its Douban entry deleted.[citation needed] The film is mentioned in the Douban entries of Meryl Streep and Gary Oldman.[37]
