subprime loans are loans issued by banks to people with low incomes, whose repayment ability is very low. For example, the film mentions that strippers can borrow money to buy 5 houses. The more funds that were lent, the harder it was to recover them. So banks packaged these into bonds. Because of the high return on subprime bonds, investment banks and funds bought them. Of course, everyone is buying up. The premise for everyone to make money is that housing prices continue to rise. However, through the investigation of Steve Carell’s group, many houses are actually empty. The housing market is not just what everyone thinks. Rise and not fall. The film Ribel first discovered this problem through analysis. So I found a bank to develop a new financial tool, that is, the housing market collapsed. As long as the housing market does not collapse, Bell will have to pay the bank monthly, but as long as the housing market collapses, Bell will receive 10-20 times the compensation. This is crazy enough to think of, when will it crash? As long as it doesn't crash, you have to lose money. So Bell's boss and many investors thought he was crazy and wanted to divest. Commander Gao overheard his colleague that Bell had bought a product from their bank, so he brought in Steve Carell to buy and sell. There are also two newcomers in the financial world who accidentally saw the news and pulled Brad Pitt to retire.
The process is endless suffering. Bald has withstood the pressure of all parties and continued to invest, and even paranoidly sent emails to investors saying that no divestment was allowed.
In the end, the housing market collapsed. Although the protagonists of the film made money, the government used taxpayers' money to bail out the market, so it was the ordinary people who were unlucky.
In order to explain incomprehensible financial terminology, the film often jumps out of the screen and simply invites celebrities to explain it.
There is also an irony that the head of the Standard & Poor's rating agency has bad eyes and wears a strange sunglasses. But the one who first discovered this trend was blind.
Okay, this is the plot I understand. It seems to understand but I still don't know anything about finance.
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