The Big Short Movie (Movies We Can Learn From)
2008 Worldwide Financial Collapse. The host for this show is George Casen.
This movie relates the true story of Dr. Michael Burry (played by Christian Bale) who discovers that the numerous subprime home loans will imminently collapse, sending world financial markets into a tailspin. Lewis Rainieri had developed a scheme to increase profits with lower risks since he assumed almost all borrowers were paying their mortgages on time. Dr. Burry throws more than $1 billion of his investors’ money into credit default swaps. His actions come to the attention of some other financial operators. They all make a fortune during the financial collapse.
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