Tagged: Global Financial Crisis

Review – The Big Short (2015)

Director: Adam McKay

Starring: Steve Carrell, Christian Bale, Ryan Gosling, Rafe Spall, Hamish Linklater, Jeremy Strong, John Magaro, Finn Wittrock, Brad Pitt

Big Short

Seeing Adam McKay, the writer-director best known for his comedies with Will Ferrell (Anchorman, Talladega Nights and Step Brothers), as the Oscar nominated director of a Best Picture candidate about the housing market crash might seem strange to some. However, it is actually quite a logical extension of his talents. In a previous life McKay was a writer on Michael Moore’s series The Awful Truth and has written pieces for The Huffington Post. And anyone who saw the end credits of his comedy The Other Guys – effectively a PowerPoint lecture on Ponzi schemes and Bernie Madoff – will know this obviously is a subject about which he has strong views.

Based on Michael Lewis’s book, The Big Short: Inside the Doomsday Machine, the film follows a handful of stock traders, all loners and outsiders, who saw the 2008 housing market crash coming and managed to spin it to their advantage. Eccentric, mildly autistic, flip-flop wearing money manager Michael Burry (Christian Bale) is the first to spot that the housing market is being propped up by an increasing number of bad mortgages and is heading towards a cliff. Continue reading