[VIDEO] REWIND: ‘The Big Short’ and the 2008 Financial Crisis
Posted: November 4, 2016 Filed under: Economics, Education, History, Mediasphere | Tags: Academy Awards, Deutsche Bank, Dodd–Frank Wall Street Reform and Consumer Protection Act, Dow Jones Industrial Average, Financial crisis of 2007–08, Hillary Clinton, Netflix, New York Stock Exchange, Royal Bank of Scotland Group, Streaming media, United States, United States Department of Justice, Wall Street 1 Comment
The arrival of The Big Short in 2015 – available on streaming services now – and its subsequent nominations at the 88th Academy Awards, has reignited interest in the causes of the 2008 financial crisis.
[Armond White Reviews The Big Short]
The film would have you think that private greed on Wall Street and a lack of regulation caused the economic crash. While stories like this might make for a fun movie, The Big Short fails to align with the facts.
[The Big Short Spins Historical Lead into Oscar Gold]
Learn more about the 2008 financial crisis in Peter’s book “Hidden in Plain Site: What Really Caused the World’s Worst Financial Crisis and Why It Could Happen Again“
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