General World News

"The Big Short" Reinforces a Widespread Misperception About the Financial Crisis

This highly rated movie is about a few sharp operators who saw the financial crisis coming and decided to profit from their insight by shorting the private mortgage-backed security market. “Shorting” means to sell at the current inflated price but not deliver until later when the price of buying the security will be lower.

Most reviews of the movie that I have read have been favorable, based on the usual criteria used by movie reviewers: its plausibility, whether the story line held their interest, whether it engaged their emotions in a favorable way, the quality of the acting, and read more >>>

Source : HuffingtonPost.Com