Saturday 12 November 2016

The Big Short (2015) ‐ Paramount Pictures





Two people separately mentioned this movie in the last few days so I downloaded it this evening. It's very good and brings to life Collateralized Debt Obligations, Sub Prime Mortgages and Credit Default Swaps to life in way I didn't think possible 8 years after the last daylight robbery paid for by the people, who by and large haven't even figured out that the printers of money are private concerns.

There's a scene in the movie where the protagonists attend a securitization conference in Vegas and in the background there's Dolly Parton on a screen with a Monarch Butterfly fluttering around her. The story of reality is a lot deeper than just this movie which is excellent.