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The Big Short is a 2015 American biographical crime comedy-drama film directed by Adam McKay and co-written by McKay and Charles Randolph. The film is based on the 2010 book The Big Short: Inside the Doomsday Machine by Michael Lewis, and shows how the 2007–2008 financial crisis was triggered by the United States housing bubble. [4]
Sep 6, 2024 · Explore the true events behind 'The Big Short'. Learn how real-life investors like Michael Burry foresaw and profited from the 2008 housing market crash, unraveling one of the biggest financial crises in modern history.
Jun 18, 2024 · The Big Short’s conclusion contrasts the success of its main characters, the underbelly of the broken economic system, and how the crash impacted U.S. citizens, all while providing a warning for the future.
In 2008, a group of savvy financiers sensed the looming threat of a subprime mortgage crisis concealed in the subtle warning signs of the mortgage-backed real estate market. Despite the risk, these investors took a bold step and bet against the housing market, reaping immense profits.
The Big Short describes several of the main players in the creation of the credit default swap market who sought to bet against the collateralized debt obligation (CDO) bubble and thus ended up profiting from the financial crisis of 2007–08.
- Michael Lewis
- 2010
Synopsis: 'Four outsiders in the world of high-finance who predicted the credit and housing bubble collapse of the mid-2000s decide to take on the big banks for...
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Aug 17, 2023 · ‘The Big Short’ is based on a true story. The movie is an adaptation of Michael Lewis’ bestselling non-fiction book ‘The Big Short: Inside the Doomsday Machine,’ which centers upon the 2007-08 mortgage housing crisis that left millions of American people penniless.