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The Big Short

The Big Short The movie is about how what was declared by one and all in the financial industry as triple “A” quality—that is, top notch; throughly reliable—was actually “dog shit wrapped in cat shit”—the worst imaginable quality, and how the entire American financial system was leveraged upon this “pillar.” It is about how everyone in the financial sector was out to make dizzying amounts of money, and how almost everyone was caught in the trance-belief that it was impossible for there to be anything deeply wrong while ostensible “adults” in the industry—the upper echelon at well-established firms like Bear Stearns—rest unconcerned. You could come up with the craziest schemes for repackaging the same old investments into new ones—make an actually frozen environment seem ever-spawning and fecund—and so long as the execs at the like of Bear Stearns saw nothing of concern, there was ostensibly no way it could backfire. If you worked within the financial industry and never reall...