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In 2005, eccentric hedge fund manager Michael Burry discovers that the United States housing market, based on high-risk subprime loans, is extremely unstable.Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from adjustable-rate mortgages, he proposes to create a credit default swap market, allowing him to bet against, or short, market-based ...
Trump complains that the federal government is investigating his real-estate mogul father, Fred Trump, for discrimination against African-American tenants; Cohn offers to help. After Cohn blackmails the lead prosecutor with photos of him with a cabana boy, the prosecutor settles the case for little, despite evidence of racial discrimination.
The film traces Trump's journey from his beginnings as a 27-year-old playboy serving as vice president of his father's real estate firm in 1973 to his emergence as a formidable real estate magnate ...
The film follows Trump's rise as a real estate tycoon in New York City. Abbasi discusses how hard it was to find a distributor for the film after getting a cease-and-desist letter from Trump.
Controversial Donald Trump Movie 'The Apprentice' Made a Splash in Cannes. ... The film depicts Trump’s rise from an insecure real estate wannabe in the 1970s to a self-professed “killer ...
The Big Short describes several of the main players in the creation of the credit default swap market who sought to bet against the collateralized debt obligation (CDO) bubble and thus ended up profiting from the financial crisis of 2007–08. It also highlights the eccentric natures of people who bet against the market or otherwise "go against ...
The movie, which received mixed reviews and was released prior to the US election on 5 November, received strong backlash from Trump himself, branding the people involved “human scum”.
The stock market continues falling until 2009 when it finally stabilizes, signaling the end of the crisis. An epilogue notes that the banks made little use of the loan money to ease credit conditions as intended, while Wall Street compensation continued to rise, reaching $135 Billion by 2010.