The 'Big Short' Gets It Right
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Photographer: Tony Avelar/BloombergOne of the most widely anticipated films of the holiday season was released to big audiences and wide acclaim. It tells the tale of an epic battle between the forces of light and darkness, filled with arrogant but lovable characters, some of whom, despite their obvious flaws and shortcomings, redeem themselves by taking on and winning against an evil empire.
I refer not to “Star Wars: The Force Awakens,” but to the film adaptation of Michael Lewis’s book, “The Big Short.” It chronicles how a motley crew of assorted traders and fund managers came to understand the impending housing implosion, and discovered a novel way to make a bet on it. It isn’t a spoiler alert to say that the financial world collapses, the protagonists get rich and no one lives happily ever after.
