{"id":16061,"date":"2016-01-05T20:15:01","date_gmt":"2016-01-06T01:15:01","guid":{"rendered":"http:\/\/olduvai.ca\/?p=16061"},"modified":"2016-01-05T20:15:01","modified_gmt":"2016-01-06T01:15:01","slug":"the-big-short-is-a-great-movie-but","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=16061","title":{"rendered":"The Big Short is a Great Movie, But&#8230;"},"content":{"rendered":"<h3><a href=\"http:\/\/www.zerohedge.com\/news\/2016-01-05\/big-short-great-movie-but\u2026\" target=\"_blank\">The Big Short is a Great Movie, But&#8230;<\/a><\/h3>\n<p>&nbsp;<\/p>\n<p>Paris &#8212; Michael Lewis is the chronicler of Wall Street. \u00a0He takes the complexity behind which the inhabitants of the financial world hide and weaves a tale that is both understandable and compelling. \u00a0Starting with the classic\u00a0<a href=\"http:\/\/www.amazon.com\/Liars-Poker-Norton-Paperback-Michael\/dp\/039333869X\/ref=pd_bxgy_14_img_3\">\u201cLiars Poker\u201d<\/a>\u00a0(1989), Lewis has produced a number of books about the financial markets including\u00a0<a href=\"http:\/\/www.amazon.com\/Flash-Boys-Wall-Street-Revolt\/dp\/0393351599\">\u201cFlash Boys: A Wall Street Revolt\u201d<\/a>\u00a0(2014) and\u00a0<a href=\"http:\/\/www.amazon.com\/gp\/product\/0393338827\">\u201cThe Big Short: Inside the Doomsday Machine\u201d<\/a>\u00a0(2010). \u00a0Working with director Adam McKay and some great actors and screen writers, Lewis has managed to produce what is perhaps the most accessible and relevant treatment of the mortgage boom and financial bust of the 2000s, and the subsequent 2008 financial crisis.<\/p>\n<p>The beauty of \u201cThe Big Short,\u201d both as a movie and a book, is that it provides sufficient detail to inform the general audience about events and issues that are not part of everyday life. \u00a0Wall Street is a secretive place, but \u201cThe Big Short\u201d manages to convey enough of the details to make the story credible as a journalistic effort, yet also enormously entertaining. \u00a0Lewis does this with two essential ingredients of any film: a simple story and compelling characters.<\/p>\n<p>Images of greed and stupidity are presented like Italian frescos in \u201cThe Big Short,\u201d pictures that are memorable and thought provoking. \u00a0Indeed, what many people know and remember years from now about the 2008 financial crisis will be shaped by creative efforts such as \u201cThe Big Short\u201d for the simple reason that Lewis has simplified the description into a manageable portion. \u00a0Unlike hedge fund manager Michael Burry (played by Christian Bale), most people lack the patience and expertise to sift through and understand reams of financial data.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Big Short is a Great Movie, But&#8230; &nbsp; Paris &#8212; Michael Lewis is the chronicler of Wall Street. \u00a0He takes the complexity behind which the inhabitants of the financial world hide and weaves a tale that is both understandable and compelling. \u00a0Starting with the classic\u00a0\u201cLiars Poker\u201d\u00a0(1989), Lewis has produced a number of books about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[952,29,11504,10661,1719,1626,3623,1769,11502,1907,200,305,8189,2340,7506,6654,5415,505,6910,3139,7477,11503,4919,11505,5894,7577,11506,11507,11510,7288,11251,11508,11509],"class_list":["post-16061","post","type-post","status-publish","format-standard","hentry","category-economics","tag-alan-greenspan","tag-apple","tag-arthur-levitt","tag-bear-stearns","tag-bond","tag-cds","tag-commodity-futures-trading-commission","tag-corruption","tag-countrywide","tag-credit-default-swaps","tag-default","tag-federal-reserve","tag-gretchen-morgenson","tag-housing-market","tag-institutional-investors","tag-lehman","tag-lehman-brothers","tag-market-share","tag-meltdown","tag-michael-lewis","tag-morgan-stanley","tag-mortgage-loans","tag-nasdaq","tag-new-century","tag-new-york-stock-exchange","tag-otc","tag-otc-derivatives","tag-program-trading","tag-rcwhalen","tag-subprime-mortgages","tag-the-big-short","tag-wachovia","tag-washington-mutual"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16061"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16061\/revisions"}],"predecessor-version":[{"id":16062,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16061\/revisions\/16062"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}