Coda to this. When I bought my first home in 2004, four years before the official start of the financial crisis, there was no way I could scrape together 20% for a down payment

No worries though, I could get an 80/15/5. For those unfamiliar with this configuration, because hopefully it doesn't exist anymore, it's 80% traditional mortgage, 15% some other loan, usually home equity line of credit, 5% cash

I was young and naive but even then I was like...so you're telling me 3/4 of my legally required 20% down payment is...another loan? From the same bank? I assumed I just didn't understand how this all works and this made sense in a way I couldn't see

It was only years later, probably watching this film, that I understood...no that was in fact actually crazy

#TheBigShort

We watched The Big Short last night, which, by the way, is an incredible film. You should absolutely watch it if you haven't already. Especially if you're an American or someone living in America

But here's what I was not prepared for

When we first watched it, presumably when it came out in 2015, about 7 years after the start of the 2008 financial crisis, it was like, whoa...that shit was crazier than I remember. We went through a crazy period!

But watching through the lens of today was like...well fuck. We've been planting the seeds of the dystopia we're currently living through for a long fucking time

It was so much heavier in the context of present day society, seventeen years after the "start" of the '08 financial crisis, than it was back in 2015

#TheBigShort

“And then they blamed immigrants & poor people… and this time, even teachers.” #TheBigShort

It was clear before, it us clear with evidence now. This is not just a coup, it’s a heist. Expect it to happen again. This is #TheBigShort, part of Trump’s and his friend’s #GreatAmericanGrift.

RE: https://bsky.app/profile/did:plc:vcu43wx7eanikezcsayulz2n/post/3lmg7n6rk7c2m

The Big Short is a true story. It’s the true story of a director, a screenwriter, and several producers who set out to do a transparent The Wolf of Wall Street knockoff that was one hour shorter but felt at least twice as long.
#TheBigShort #MovieReview #Comedy #Drama #Film
https://ninetypercentcrapmoviereviews.wordpress.com/2025/04/04/the-big-short/

"How do you know the bonds are worthless? Aren't they filled with fucking thousands of pages of mortgages?"

"I read them!"

"You *read* them?"

"Yes!"

"No one reads them! Only the lawyers who put them together read them."

"I don't think *they* even know what they've made."

This exchange from The Big Short just keeps feeling more and more relevant, honestly.

#quotes #movies #TheBigShort

#happybirthday #christianbale #actor #brucewayne #batman #batmanbegins #thedarkknight #terminator #salvation #thepaleblueeye #amsterdam #thorloveandthunder #americanhustle #americanpsycho #empireofthesun #littlewomen #reignoffire #equilibrium #themachinist #theprestige #vice #thebigshort #thepromise #hostiles #fordvferrari

“Hey Siri. Play When the Levee Breaks by Led Zeppelin.”

#Nite #HomePod #Music #LedZeppelin #TheBigShort

Apple Music: https://music.apple.com/gb/album/when-the-levee-breaks/580708175?i=580708184

Spotify: https://open.spotify.com/track/05f8Hg3RSfiPSCBQOtxl3i

I love The Big Short film. Here’s a 7-minute clip about CDOs.

https://youtu.be/k3DNWufdRHQ

#Film #TheBigShort

#NYC #NeubergerBerman #HedgeFund anti-hero , Steve Eisman , (who inspired Steve Carell's caustic character in #TheBigShort film), ruffles feathers and retracts prediction of #DJT re-election #victory in 2024 #PresidentialElection, then deletes #verified X account after #Tweet celebrating civilian deaths in #Gaza

https://on.ft.com/4dmKkje #FT #SharedLink #FreeLink #PaywallLift

#MoviesAndSeriesBasedOnATrueStory #FilmMastodon
#TheBigShort (2015)
In 2006-2007 a group of investors bet against the United States mortgage market. In their research, they discover how flawed and corrupt the market is.
#ChristianBale #RyanGosling

we need more entertainments like margin call, the big short, succession and etc. etc. to chill out our brains.....
https://youtu.be/Hhy7JUinlu0

#movies #financeMovies #marginCall #theBigShort #succession

The Big Short 📉 Dive into the gripping world of finance with The Big Short! This film, directed by Adam McKay, brilliantly unravels the 2008 financial crisis through the eyes of a few savvy investors. It's a must-watch for anyone interested in economics, drama, and dark comedy.
🍅 Rotten Tomatoes: https://www.rottentomatoes.com/m/the_big_short

🎥 IMDb: https://libremdb.iket.me/title/tt1596363

🍿Trailer: https://yt.drgnz.club/watch?v=vgqG3ITMv1Q

FallbackLink:

https://youtu.be/vgqG3ITMv1Q

#TheBigShort #movierecommendation

@pbump The most important customers of polling services are the major media, 90% of which are owned by five companies.

These companies are in it for the money, EOS. (Which means they are using every asset to put Trump in the White House where he’ll let them do whatever the hell they want.)

Q: what protects polling services from the kind of market pressure that led some rating agencies to affix AAAs on Wall Street's subprime mortgage bonds in the run up to the 2008 crisis?

#Polls #TheBigShort

#truthsocial #thebigshort So I have been wondering this last couple of days on something that happened with the meme sticks and how they could now come together to do the opposite of the truth(sic) social stocks. I understand that the amount of sick available to short is less. But still could they start the collapse of this, frankly, crooked platform?

I'm still shocked it's not fallen apart, and I can only imagine trump has done shady deals going on that mean he will, or has, sold stock...

When the rating agency is paid by the groups it is rating... Hmm, how did that work out for the banks and bond markets in 2008? #TheBigShort https://www.nytimes.com/2024/01/06/us/college-rankings-us-news.html

"This is Wall Street, Dr Burry. If you offer us free money, we are going to take it."

#GreatLines

Scene in #TheBigShort. Goldman banker Lucy (played brilliantly by #VanessaCloke) making fun of #MichaelBurry's offer to trade against the 2007 housing bubble.

Burry was right, of course, and Lucy was wrong.

The irony: #Goldman made money regardless. They traded on both sides and extracted themselves out of their own mistakes, letting their clients take the hit.

#GlobalFinancialCrisis

The Big Short (2015) ★★★★★★★★☆☆ https://trakt.tv/movies/the-big-short-2015 #TheBigShort #trakt

Mi recomendación de cine para este finde
#TheBigShort #LaGranApuesta sobre las causas del crack de 2007

New release review: BlackBerry

#TheBigShort #Cinemastodon