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The Big Short is a 2015 American biographical crime comedy-drama film directed by Adam McKay and co-written by McKay and Charles Randolph.The film is based on the 2010 book The Big Short: Inside the Doomsday Machine by Michael Lewis, and shows how the 2007–2008 financial crisis was triggered by the United States housing bubble. [4]
The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, [ 1 ] excessive risk-taking by global financial institutions, [ 2 ] a continuous buildup of toxic assets within ...
In 2005, Housing construction number 1.66 million achieved; In 2006, a public housing development project was launched (Pangyo, Sungnam City). In 2007, Housing Construction reached 1.95 million; In 2007, First Public Enterprise Department Organizational Reform; In 2007, Korea's Best Housing Service Awards (Best of Green Section)
The Fair Housing Act was passed at the urging of President Lyndon B. Johnson. Congress passed the federal Fair Housing Act (codified at 42 U.S.C. 3601-3619, penalties for violation at 42 U.S.C. 3631) Title VIII of the Civil Rights Act of 1968 only one week after the assassination of Martin Luther King Jr.
The Robert C. Weaver Federal Building is a 10- story office building in Washington, D.C., owned by the federal government of the United States. Completed in 1968, it serves as the headquarters of the United States Department of Housing and Urban Development (HUD). [4] Built by the General Services Administration, it is a prime example of ...
The Rental Assistance Demonstration is a federal housing program that was enacted as part of the Consolidated and Further Continuing Appropriations Act, 2012, [ 1 ] and is administered by the U.S. Department of Housing & Urban Development (HUD). Broadly, the purpose of the Rental Assistance Demonstration (or RAD) is to provide a set of tools to ...
2006- Public housing in New Orleans is reduced by 85%. [13] 2007- The U.S. Department of Housing and Urban Development Secretary announced that by July 2007, 100 of the eventual 500 houses would be built, as part of a development dubbed the "New Desire" or "Abundance Square." Archived September 30, 2007, at the Wayback Machine
A Life Interrupted (2007) – biographical crime television film depicting events in the life of sexual assault victim Debbie Smith, which led to the passage of the Debbie Smith Act [5] A Mighty Heart (2007) – biographical drama film based on the 2003 memoir of the same name by Mariane Pearl, covering the 2002 kidnapping and murder by ...