The Big Short
The Big Short is a movie about the housing collapse in 2008. It shows a story of Michael Burry and how he saw major loopholes in the housing market only a few people saw. He investigates into the housing bonds and realizes they are not what they seem. Most of the AAA bonds which are suppose to be secure and less likely to fail are full of mortgages that are not secure. They were not secure and did not even have income verification.
Many people were affected by this and lost their homes. In the movie they have a scene where they approach a renter and they ask for the home owner and they say his name and ask for him and the renter says your looking for his dog? What that basically says is that anybody could get a home at that time and the banks were making money from selling homes that they would sell them to people who could not afford them and they would all lose them at some time.
The movie also shows Mark Baums perspective. He hates the banks. He thinks they screwed us over on student loans that we can never get out of. He discovers Jared Vennett over a wrong number phone call. Jared Vennett sells them an idea that the housing market will collapse and that they should invest in him and he could make them money but they do not believe him off the bat. They do further research and discover that what Jared was talking about was true.
In the end the housing market did collapse and Mark Baum, Jared Vennett, and Micheal Burry all shorted the housing market and made money off it. They all hate the banks and know that they put the blame on poor people, and lowered level workers.