Post by swurveman on Dec 31, 2015 14:04:07 GMT -6
I'd read almost every book about the financial collapse of 2008, including "The Big Short" by Michael Lewis. So, going in I understood the subject matter. Nevertheless, I think the film makers do an amazing job of explaining what happened strategically by the mortgage lenders and Wall Street traders and explaining complex financial instruments -like collateralized debt obligations, tranches, synthetic debt obligations, credit default swaps etc.- in an easy to understand way.
Personally, I think this film should be shown and taught as a staple in civics classes in high schools. If "Wall Street" glamorized finance, that illusion has been completely stripped away by "The Big Short". There is nothing glamorous about "The Big Short". It is a very sad film, but one everybody would do well to see.
Personally, I think this film should be shown and taught as a staple in civics classes in high schools. If "Wall Street" glamorized finance, that illusion has been completely stripped away by "The Big Short". There is nothing glamorous about "The Big Short". It is a very sad film, but one everybody would do well to see.
