![the big short trailer the big short trailer](https://www.desktopbackground.org/download/1280x1024/2011/06/02/212631_the-big-short-trailer-debuts-collider-youtube_1920x1080_h.jpg)
After reading Burry’s findings, they also make a series of successful bets and profit off the downfall of the economy.
![the big short trailer the big short trailer](https://i.ytimg.com/vi/8SgxdMpkseA/maxresdefault.jpg)
We also follow the stories of banker Jared Vennett, hedge-fund specialist Mark Baum, and two younger investors – Charlie Geller and Jamie Shipley – who work with retired banker Ben Rickert. Wall Street investor Michael Burry realised that many subprime home loans packaged in the bonds were in danger of defaulting, and bets against the market with one billion dollars in credit default swaps. The film is presented as three concurrent stories about the investors who realised the risk of the subprime housing bubble and predicted the 2007 housing market crash. Once the bonds failed, the value of billion-dollar securities dropped to nothing, which bankrupted major investment banks and forced a government bailout to prevent economic collapse. The danger was hidden such that only a few players predicted the collapse and used it to “short” the market. “The Big Short” directed by Adam McKay and based on the best-selling book by Michael Lewis, explains how the subprime housing bubble, caused by increasingly risky subprime mortgage bonds, lead to the 2008 financial crisis. Through a compelling storyline, the complexities of the financial market – including CDOs, mortgage backed bonds, and the reckless trading of complex derivative instruments – lead to the subsequent financial collapse of the US housing market. The film “The Big Short” recounts the subprime housing bubble which lead to the financial crisis in 2008. This article written by Marie POFF (ESSEC Business School, Global Bachelor of Business Administration, 2020) analyzes the The Big Short film.
![the big short trailer the big short trailer](https://www.desktopbackground.org/download/1440x900/2011/06/02/212655_the-big-short-2015-trailer-christian-bale-steve-carell_1920x1080_h.jpg)
Entertainment media – such as films or books – are useful in this aspect as case studies they provide students with an organisational frame of reference to better understand both situational contexts, and importantly, the human dimension behind financial numbers. Instead, a contributing factor is that the teaching of finance and other business disciplines presents the challenge of linking theories and conceptual models to the “real world”. However, the ethical lapses often associated with finance are not always intentional. A pervasive moral stigma follows the financial sector, which has a dogged reputation for unethical and illegal behaviour.