Even if it is systemic corruption, those who are punished are still working

Deja 2021-10-18 19:53:04

Since the subprime mortgage crisis, this subject has been present every year. I was so cute that I even dubbed a documentary to introduce what was going on. The better-looking ones are Kelvin Spacey's Margin Call, and Xiao Lizi's Valkyrie Wolf. There are many unsightly ones. Van Diesel has one...

Closer to home, it is serious to start spoiling : a few "geniuses" They are all bearish on the subprime mortgage market, hoping to make a fortune. As a result, it was discovered in the investigation that in fact, there are not a few people who know the huge bubble (or fraud) in the subprime mortgage market. It’s just that bullishness is faster and more profitable than bearishness...Even in the event of a massive default on subprime mortgages, the valuation of its claims has gone up further (you can never wake up a person who pretends to be asleep)... The angry male protagonist also knows that these executives will not be punished in any way (yes, all systems are like this, from top to bottom is called punishment, from bottom to top is called revolution, but who will punish himself? ?). The fact is also true. Almost all the executives who caused this kind of systemic fraud took off in golden parachutes (only one unlucky person was taken into custody, but the righteous protagonist was harassed by the FBI several times... You know that a certain magical continent has a bearish end, but fraud is allowed...). Angry pig's feet, but can only cash out 200 million yuan (the golden parachute causes a lot of profits more than the protagonist. Don't think about it, the system you are in must be like this, work earns less risk and is in a scapegoat)... What remains is a deep resentment towards the top leaders on Wall Street...The

film shows a restrained endorsement of the protagonists' behavior in squeezing the subprime mortgage bubble and reflecting the real market. It is particularly worth mentioning that these protagonists can walk out of the office and go deep into strip clubs in the fields, and obtain first-hand information through in-depth exchanges with women who have missed their feet. This spirit and attitude of go to gemba is worth learning...

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Extended Reading

The Big Short quotes

  • Casey: What am I supposed to do? Write a piece called "We're all fucked"?

    Charlie Geller: Yes! That's a perfect title!

  • Vinnie Daniel: How are you fucking us?

    Jared Vennett: When you come for the payday, I'm gonna rip your eyes out. I'm gonna make a fortune. The good news is Vinnie, you're not going to care cause you're gonna make so much money. That's what I get out of it. Wanna know what you get out of it? You get the ice cream, the hot fudge, the banana and the nuts. Right now I get the sprinkles, and ya - if this goes thru, I get the cherry. But you get the sundae Vinny. You get the sundae.

    Vinnie Daniel: All right. I buy that. Thank you.