Notes From the Fieldby Martin Weil

January 6, 2016

The Big Short – a good story well told

The film of Michael Lewis’ book of the same name brings to the screen one of the best overviews of how people really behave on Wall Street since Margin Call. The interplay in particular between the hedgies and their bank risk manager in the new film is spot on.  And what to say about Christian Bale’s bravura performance?

The Big Short does not dumb down the mind-numbing complexities of the CDOs and CDS’ that were central to the financial crisis, apart from several way too cutesy little cameo inserts that I suppose on final cut must have seemed necessary.  It may be too “inside baseball” for the average viewer but The Big Short is highly recommended to anyone with an interest in the investment markets or the housing crisis.

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