First, Lewis of Salomon Brothers introduced the prospects of mortgage-backed securities before the PPT, emphasizing that after packaged securities, profits have risen but risks have fallen, and they are still rated 3A. All fund managers agree that the real estate market is stable and healthy, and everyone will repay their mortgages and will not break the contract.
It's really ironic!
Second, Dr. Barry, the one-eyed fund manager, sold CDS contracts at Goldman Sachs, betting on a real estate market crash. The mentality of both parties is vividly expressed.
When Dr. Barry left the meeting room, the three Goldman Sachs elites laughed together. Once again mocking those elites from famous schools, under the clever appearance is a greedy heart.
Third, at the annual meeting of the Securities Forum in Las Vegas, no experts could foresee the risks of subprime loans and still promised the public the soundness of the financial system. This picture seems to appear on various occasions and in various countries. Didn't they find out? Or is it blinded by greed?
Fourth, when the real estate market collapsed, all the banks went wrong. Forget credibility and responsibility! The face of capitalism is unobstructed.
Fifth, when Pete was selling 200 million securities in a country bar, the reaction of people around me made me laugh for a long time! Trading Wizards are just that powerful.
At the end of the film, no one took responsibility for the crisis, and everything was business as usual. It is the poorest people at the bottom that suffer the most.
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