'The Big Short: Inside The Doomsday Machine'

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For this assignment, I decided to review the movie The Big Short. Based on the book by author Michael Lewis, “The Big Short: Inside the Doomsday Machine”, the film was released in 2015. Directed by Adam Mckay and written by Mckay himself and Charles Randolph, the film is rated as an American biographical comedy-drama. The film had a large cast of A-list actors such as Christian Bale, Brad Pitt, Steve Carell, and Ryan Gosling, and. Overall, the movie had a $133.4 million box office revenue on a budget of $28 million. The film focuses on three separate storylines that follow the actions from it in the years that lead up to the collapse of the 2007 housing market. The Great Recession was from December 2007 to June 2009, where unemployment was …show more content…

It’s what you know for sure that just ain’t so.” Then as the movie progresses, one of the main characters by the name of Jared Vennett played by Ryan Gosling, starts off by breaking the “fourth wall” where he reveals to the audience on how the world of banking was “boring” until things changed when a man by the name of Lewis Ranieri created a plan that changed the world of banking. The plan that was created by Ranieri was for mortgage backed securities to ensure bigger profits with lower risks since everyone was paying their mortgage …show more content…

He is one of the few that understands Burry’s plan and quickly acts on it. By a simple misplaced phone call, Vennett is introduced to Mark Baum who is played by Steve Carrell. Baum is Front Point hedge fund manager. Vennett’s witty pitch to Baum and his team is a comedic where he explains on why the housing market will crash. According to WIKI, “Vennett explains that the market collapse is being further perpetuated by the packaging of subprime loans into collateralized debt obligations (CDOs) large enough to be considered AAA

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