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Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,461
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The Big Short
Good movie, well told though it doesn't include the Fed's role in interest rate manipulation that was a key part of the bubble.
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Join Date: Oct 2003
Location: Roseville, CA
Posts: 3,066
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I thought it was decent, wife couldn't have cared less.
They did as good a job explaining the whole thing as they could, it was just too complex to put it into lay terms. I have a hard time believing all the guys involved in the "short" really felt as bad as they made them out to be in the movie.
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1992 968 Polar Silver 2010 Toyota Highlander SE 2006 Lexus LS430 ML |
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Banned
Join Date: May 2006
Location: Dana Point, Ca
Posts: 55,591
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My wife and I liked it. I still don't know where all my money went.
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Join Date: Jul 2010
Location: Where ever I am
Posts: 4,221
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Quote:
This seems obvious evidence for the need for oversight in markets that are less than transparent. In my view, the crisis just redistributed money/value from regular folks in the decline in house values, to those that got bailed out. Seems the hedge funds made out well. as did most of the Wall Streeters.
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'86 944T black/red, chip, fuchs 8's and 9's- Sold '97 Boxster silver/red, big mistake - Sold '99 C2, silver/black, RoW M030 - sold "69 912 white w/ '86 3.2L (like the pic, just not the pic) |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,461
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Wall Street created some X trillion $ of theoretical debt. We the taxpayers paid that debt with real Dollars. Wall Street gave itself bonuses.
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non-whiner
Join Date: Aug 2012
Location: Slightly right of center
Posts: 5,235
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^This, unfortunately.
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Back in the saddle again
Join Date: Oct 2001
Location: Central TX west of Houston
Posts: 56,323
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I finally saw it the other day. Very good movie that was very well done.
I hadn't read the book, but I have read one of the guys other books, "The Flash Boys". It was very interesting.
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Steve '08 Boxster RS60 Spyder #0099/1960 - never named a car before, but this is Charlotte. '88 targa SOLD 2004 - gone but not forgotten
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Join Date: Aug 2006
Location: Waterlogged
Posts: 23,604
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Quite a commentary on the state of our political administration at the time.
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Mike “I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll. |
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Good movie. Probably more to the story, but this much was intriguing.
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Great movie - my wife loved it more than I did. I think it did as good of a job explaining the whole fiasco in layman's terms as is possible. I like how they framed some of the background as saying "yes, this is boring, but it's important, so listen up". That's a hard line to sell, regardless of how accurate it is, and they did it well.
But I think the highlight for me was Steve Carell's performance. I'm used to him in comedy roles, and he was absolutely stellar in this. Some of the best acting I've ever seen.
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Current: 1987 911 cabrio Past: 1972 911t 3.0, 1986 911, 1983 944, 1999 Boxster |
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RETIRED
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Liked it....
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1983/3.6, backdate to long hood 2012 ML350 3.0 Turbo Diesel |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,461
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Netflixed it recently, still my favorite scene, the entire meltdown explained in 2 minutes.
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Tru6 Restoration & Design |
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RETIRED
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Yep, turned Selena from Rocket Scientist to bimbo that dated Justin Bieber with the flip of one card.....loved it.
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1983/3.6, backdate to long hood 2012 ML350 3.0 Turbo Diesel |
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