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The Big Short is a 2015 American biographical 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 2008 financial crisis was triggered by the United States housing bubble. [4]
The film chronicles the 2008 financial crisis, focusing on the collapse of Lehman Brothers investment bank and the subsequent ripple effects on the global economy. As the firm's negotiations with potential buyers fail due to toxic assets and regulatory obstacles, the firm declares bankruptcy, triggering market chaos.
The 2008 financial crisis, also known as the global financial crisis, was a major worldwide economic crisis, centered in the United States, which triggered the Great Recession of late 2007 to mid-2009, the most severe downturn since the Wall Street crash of 1929 and Great Depression.
The man who introduced us to the Roy family is diving back into the world of big business for HBO. Succession creator Jesse Armstrong is writing an original movie for HBO centered on a global ...
Spoiler: Although these flicks focus on money management, ironically, they'll also teach you how not to handle your money.
Swiss bank UBS is set to shell out more than $1.4 billion to settle accusations of “historic” fraud relating to its role in the 2008 financial crisis. The European banking giant has agreed to ...
The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock, on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate ...
The Eurozone recession has been dated from the first quarter of 2008 to the second quarter of 2009. [2] In the eurozone as a whole, industrial production fell 1.9% in May 2008, the sharpest one-month decline for the region since the Black Wednesday exchange rate crisis in 1992.
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