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The Big Short

ronorono
in Off-Topic
Howdy folks,

Wifey and I went a saw The Big Short. Good movie but it helps to have a bit of a financial background to follow the story.

Note that while WS had a huge role in the real estate meltdown, in all fairness, the blame can be placed at all the different players. Uncle Sam wanted everyone to own a home, would be homeowners having a chance to own a home, real estate brokers making a buck, mortgage companies making a buck, wall street . . . , rating agencies, pension fund demanding AAA paper, ad nauseam.

All y'all will enjoy the movie.

peace,

rono

Comments

  • TedTed
    @ MFO Members: Here is the trailer for the movie "The Big Short", along with author Michael Lewis on Stephen Colbert Show.
    Regards,
    Ted



  • davidrmorandavidrmoran
    Is naked shorting mentioned anywhere? Hard to believe no prosecutions came from that activity.
  • Sven
    That is what being well connected and having an army of lobbyist can do for you. Got to to have love that your and my tax dollars being used to bail out the banks while the banks still collect fat bonus.
  • hawleyl
    The following links describe how markets really work. These videos were posted in early 2008 indicating to me how perceptive comedians can be. Note: these presentations are by English comedians; the term “vest” in English refers to an undershirt, not the third piece of a three piece suit.

    How markets really work

    More on markets
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