Actual Anarchy Podcast
Episode 20 - The Big Short (1:50:41)
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 1:50:39
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Sinopsis
We bring on a special guest, Daniel J., to discuss the allegedly true (hence the asterisk) story behind the housing bust and subsequent financial crisis of 2008 as depicted in The Big Short (also a book of the same name by Michael Lewis) . There is a lot going on here, and we don't even get to the asymmetrical aptitudes of the players vs. the regulators, or the scandal involving the regulators spending their time looking at porn, or the alarm-bells being sounded by the likes of Brooksley Born that went unheeded.Here is the marketing spin on the movie:"Based on the true story of four outsiders who saw what the big banks, media and government refused to: the global collapse of the economy. A bold investment leads them into the dark underbelly of banking, where everyone and everything is in question.In 2008, Wall Street guru Michael Burry realizes that a number of subprime home loans are in danger of defaulting. Burry bets against the housing market by throwing more than $1 billion of his investors' money into