Tags » Mortgage Crisis

The Big Short

In the final moments of The Big Short, the intelligent and stylized argument that filmmaker Adam McKay slowly builds from the opening frame — an argument that effectively unmasks, not simply the unethical, but the institutionalized criminality that exists at the epicenter of global financial markets — is completely lost. 1,049 more words

The Big Short: A Movie Every Economic Developer Should See

Much of what occurs on Wall Street and within the global financial world is Enemy #1 of local economic development. Don’t believe me? See the movie The Big Short.   262 more words

2007 Great Recession

Take a Load Off Fannie - Salvaging the Mortgage Giants Without Bankrupting the Taxpayers

Fannie Mae and Freddie Mac own or guarantee nearly half the $12 trillion U.S. mortgage market. Not long ago, they were the darlings of Wall Street, ranking next to U.S. 2,560 more words

"The Big Short" is Big Entertainment

I don’t like a lot of movies a lot, but I’d say I love “The Big Short” were I not prone to understatement.

In case you don’t know, it is about the collapse of the housing market in 2008 and under most circumstances it would never have become a movie.  366 more words

Truth/Trust/Spin

Doris Dungey Remembered

The lady who got the housing bubble correct. Joe Weisenthal and Tracey Alloway, Bloomberg

Bill McBride of Calculated Risk gets a lot of credit, too. But Tanta was a star.

Drag me to Hell: movie in review

I just watched Drag me to Hell last night. Not my first screening, but the first since it was released back in 2009. And you know what, the movie is still entertaining. 1,021 more words

Horror

Is the Government Ready to Crack Down on Criminal Bankers?

While promoting his new book, former Federal Reserve Chairman Ben Bernanke told USA Today that he believes the federal government should have prosecuted more bankers responsible for the financial crisis of 2008. 817 more words

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