Title: The Big Short - Trailer Source:
[None] URL Source:[None] Published:Apr 6, 2016 Author:The Big Short Post Date:2016-04-06 01:24:35 by Pinguinite Keywords:None Views:982 Comments:10
I watched this movie last night. I wasn't sure I'd actually do more than see the beginning but it grabs you. It goes beyond outlining the collapse of the housing market in 07-08 by illustrating the complete failure of the PTB's to do the right thing in preventing it. From the big banks having monopolizing control, the SEC with compromised personnel, self-serving fund managers, real estate agents rewarded more for selling sub-prime mortgages and even the ratings agencies all had a financial motive not only to look the other way in the years leading up to the crash, but even continue to do so as the crash was unfolding.
Most ominous is the final note of the movie that the same practices that lead to the 07-08 crash are being repeated.
It's informative and decently entertaining. A bit longer than most movies at a bit over two hours long but worth a watch.
A bit longer than most movies at a bit over two hours long but worth a watch.
What for? Haven't we all lived too painfully through this period? Besides it appears that the film leaves out the real villain here, the real cause of the bad behavior within the private sector.......the DRat Party that de facto legislated sub-prime mortgages and held a gun to the head of the banks to make bad mortgage decisions to uncreditworthy people. Once the Fed opened the floodgates greed within the private was off to the races.
Besides it appears that the film leaves out the real villain here, the real cause of the bad behavior within the private sector.......the DRat Party that de facto legislated sub-prime mortgages and held a gun to the head of the banks to make bad mortgage decisions to uncreditworthy people.
Besides it appears that the film leaves out the real villain here, the real cause of the bad behavior within the private sector.......the DRat Party that de facto legislated sub-prime mortgages and held a gun to the head of the banks to make bad mortgage decisions to uncreditworthy people.
Oh hell, both parties own it.
True enough but the Slickster and Bwarney Fwranks led the charge. The REPS just jumped on the gravy train.
