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What is the real story behind 'The Big Short'?

2024-12-12 21:02
2 answers

The 'The Big Short' is based on the real - world events of the 2008 financial crisis. It's about a group of investors who saw the impending collapse of the housing market. They noticed the flaws in the mortgage - backed securities system. These investors bet against the market, which was an extremely risky move at that time. Their actions were considered short - selling, and they were among the few who predicted the huge financial meltdown that occurred in 2008.

Well, the real story of 'The Big Short' involves several key elements. For starters, the housing market in the early 2000s seemed to be booming, but there were underlying problems. Banks were giving out mortgages to people who couldn't really afford them. The investors in the story realized this. They dug deeper into the complex financial instruments like CDOs (Collateralized Debt Obligations). They saw that these were built on shaky foundations. Michael Burry was one of the main figures. He was an outsider in many ways, but his analysis led him to bet against the housing market, and ultimately he was proven right when the market crashed and the financial crisis ensued.

Substitute Marriage: Reborn As The Top Big-Shot

Substitute Marriage: Reborn As The Top Big-Shot

[Number one romance novel in the universe—face slapping, scum-torturing, power couple!] Isabella Thompson, who was abandoned in a village was suddenly brought home by her rich parents. Her father: You are different from your sister. She has a bright future ahead and is destined to be a phoenix who would soar the skies! There's no way she would marry a cripple! You are getting off easy here! Her mother: The Yu family is rich and powerful. Standing in for your sister in marriage is your food fortune! Know what's good for you! Theodore Yu used to be a famous prodigy, but lost his glow after a car accident and didn't even make it to high school. With one being a poor village bumpkin and the other a well-known piece of trash, they were a match for each other. But while everyone was waiting for Miss Thompson to make a fool of herself, she and that piece of trash appeared at a banquet where big shots gathered. Isabella Thompson: I came to work as a waitress. Theodore Yu: What a coincidence, I'm here to work part-time as well. Hence, everyone watched as they carried trays around for the whole night. *** On the day of their marriage, every important figure in the capital attended. Big Shot One: I'll help make arrangements for Mr. Yu's grand wedding! Big Shot Two: Welcome back to the capital, Miss Thompson! Big Shot Three:... Seeing those big shots who persistently made headlines, Grace Thompson was filled with regretful tears.
3.3
1745 Chs
Big Shot Little Jiaojiao Breaks Her Persona Again

Big Shot Little Jiaojiao Breaks Her Persona Again

The daughter of the Chi family has been living in the mountains for sixteen years. Suddenly, she returns to the White City. However, it's soon found out that this missy’s image is a little off. On the first day, the paparazzi catches her having a meal with one of the best actors. The photographs quickly top the hot searches. Best Actor: Don’t make wild guesses. She is my boss and I am her underling. Netizens: As if we would believe you! The next day, the paparazzi catches a financial tycoon tying her shoelaces in the middle of the street. This goes onto the hot searches once again. Some financial tycoon: Don’t make wild guesses. She is my boss and I am her underling. Netizens: (⊙…⊙) On the third day, the Chi family’s missy dominates the hot searches again with paparazzi photos of a big shot in the medical field sending her to school. Big shot in the medical field: I’m sorry, but she is my boss. Netizens: Where is the pretty-face Jiaojiao we were promised? Her image is collapsing. Just as the netizens are gradually getting used to Chi Jiao’s antics, the paparazzi catches her walking into the Civil Affairs Bureau with the head of the Quan family, Quan Jue. Many say that the strategies employed by Quan Jue are brilliant, sly in nature, and brutal. He's an extremely ruthless figure. Quan Jue: I would like to introduce you all to my wife, Chi Jiao. Jiaojiao has been weak and sickly since young. Do not bully her. Netizens: Master Quan, I think you have some misunderstandings about your wife. Chi Jiao suffered a violent death in her previous life. Her soul witnessed that man kiss her remains and perish together with the person who killed her. Only then did she realize that the illegitimate son living in her household had humbled himself because of his love for her. The reincarnated Chi Jiao’s main mission this lifetime is to woo Quan Jue, and become the Little Jiajiao in his heart.
4.6
1627 Chs
I Turned Wild After Being Doted On By The Big Bosses

I Turned Wild After Being Doted On By The Big Bosses

After she wakes up from being reborn, she becomes the little pitiful girl who is sent into a mental hospital by her biological elder brothers. Her biological elder brothers only dote on the fake young miss, the ‘younger sister’ who is switched at birth. She despises her in any possible way. So, Pei Yunge makes trouble and deals with the fake young miss, waiting for them to tell her to scram. However, the brothers’ attitudes are extremely strange. President Qin sneers. “My younger sister destroyed a shop? Buy the entire mall for my younger sister to trash!” Best Actor Qin raises an eyebrow. “She sent herself to the casting couch? What am I then, dead?” God Qin’s expression is dark. “You repeatedly played tricks and bullied Ge’er. Did you think I was blind?” Pei Yunge: “?” #Scum brothers have days when they’re abnormal too# … After returning to eight years ago, before the Qin family goes bankrupt, the brothers only cares about their biological younger sister that died so terribly because of them. So what if she is talentless and stupid? She remains the apple of their eye, one they swear to protect and love! Just as the brothers take determined steps and find Pei Yunge… “My Yunyun got first place in the world championship again. What a good girl.” The refined and dignified man smiles charmingly. After her real identity is exposed, she is seethes with rage. She grabs the man and bites him. “Don’t even think about humoring me home.” The three biological brothers: “?” #What is with this strange development and wild man# [Doted on by everyone + Identity Reveal] [An extremely cool and foxy boss and a President wolf in sheep’s clothing]
4.7
1584 Chs
Ms. Tan Is The Real Boss

Ms. Tan Is The Real Boss

Tan Rou only learned that she wasn’t the Tan family’s daughter when she was seventeen years old. She went from being a rich young lady to living in the slums. The parents she adored belonged to someone else, and this series of knockdowns was hard for a seventeen-year-old girl to accept. She wailed like a child for the sake of proving this was all a lie. The vicious words she spouted had hurt her biological family but she didn’t notice. She thought the Tan family was her real family despite them seeing her as an eyesore, and was even naive enough to want to befriend the Tan family’s real daughter, Tan Jing. Alas, the latter drugged her drink and arrange for a thug to rape her. Tan Jing even brought their classmates along to catch them in the act so Tan Rou was now tainted for life. After being reborn, she looked down at the man she was stepping on. Tan Rou swore not to be a useless wretch in this life or be bullied to death. She would stomp on those who wronged her and make it up to her real family. They wouldn’t have had to die tragically on the streets in the past life had it not been for her. Tan Rou turned completely evil after crawling back out of Hell. Everyone claimed that the real young lady was educated and talented, while the fake young lady was arrogant and incompetent. Tan Rou scoffed upon hearing this. She held back her brother from trying to stand up for her. “We have all the time in the world. Let’s just wait and see.” Just as everyone was waiting for Tan Rou to make a fool of herself… A top-class perfumer, a top scholar, a world champion… The fake young lady’s multiple identities kept getting exposed one after another, bumping her up to number one on the trending search, shocking the world. Wait, where was the promised humiliation?
4.4
1573 Chs

What is the real story behind the housing crisis in 'The Big Short'?

1 answer
2024-11-23 07:41

The real story of the housing crisis in 'The Big Short' is quite complex. There was a widespread belief that housing prices would never fall. So, mortgage lenders became very aggressive in their lending. They offered adjustable - rate mortgages to borrowers with little regard for their ability to pay when the rates adjusted. Meanwhile, investment banks packaged these risky mortgages into collateralized debt obligations (CDOs). Credit rating agencies, which were supposed to assess the risk accurately, failed miserably. They gave high - ratings to these CDOs, which made them seem like safe investments. Hedge funds like those in 'The Big Short' started to notice the flaws in this system and bet against the housing market. Eventually, as the housing market crashed, it became clear how all these factors had contributed to the massive housing crisis.

What is the real story behind 'the big cigar'?

2 answers
2024-10-28 00:34

I'm not entirely sure specifically which 'big cigar' story you are referring to. It could be a nickname for someone, or it might be related to a particular event or item in a specific context.

What is the real story behind the Big Shaker Mansion?

2 answers
2024-11-26 18:33

The 'Big Shaker Mansion' real story might involve its construction by a wealthy family in the past. Maybe they had some unique traditions or secrets. There could have been events like big parties that led to various tales over time. It could also be associated with some historical events in the area, which might have influenced its reputation and the stories that surround it.

What is the real story behind big eyes paintings?

2 answers
2024-11-26 17:09

The 'Big Eyes' paintings are often associated with Margaret Keane. Her story is quite remarkable. She was the one who created these iconic paintings with the big - eyed children. However, for a long time, her then - husband took credit for her work. Eventually, she had to fight to prove that she was the true artist behind those big eyes. It was a story of a woman's struggle in a male - dominated art world.

What is the real story behind big eyes paintings?

1 answer
2024-10-28 14:46

Well, the big eyes paintings were made by Margaret Keane. The story goes that she painted these amazing works with the big - eyed subjects. But Walter Keane, her husband at the time, fraudulently took the credit. He capitalized on the popularity of the paintings, while Margaret was silenced. This situation lasted for a long time until Margaret finally decided to take legal action. In court, she demonstrated her ability to paint in the distinctive style of the big eyes paintings, and she was vindicated, and her true story as the creator was finally recognized.

Is there a real story behind a smile as big as the moon?

3 answers
2024-10-06 09:29

I'm not sure. Maybe it's just a figure of speech and not based on a true event.

What is 'The Big Short: The Real Story' about?

1 answer
2024-11-12 04:24

'The Big Short: The Real Story' is a tale of financial foresight and the chaos that ensued. It delves into the world of subprime mortgages and how they were bundled into securities. The main characters in the story were not the typical Wall Street bigwigs. Instead, they were mavericks who questioned the rosy picture of the housing market. They noticed that borrowers with poor credit were being given mortgages too easily. This was creating a bubble in the housing market. As these mortgages were packaged and sold as securities, the value of these securities was inflated. The protagonists of the story, through their own investigations, discovered this mispricing. They then took positions to short these securities. When the housing market finally imploded, they made huge profits while the rest of the financial world was in shambles. It's a story that shows how complex and sometimes corrupt the financial system can be.

What is 'The Big Short: A Real Story' about?

1 answer
2024-11-11 09:31

It's about the financial crisis. It focuses on those who bet against the housing market before the 2008 crash. They saw the flaws in the mortgage - backed securities and made huge profits when the market collapsed.

What is the real story in 'The Big Short' book?

1 answer
2024-11-06 02:06

The real story in 'The Big Short' book is quite fascinating. It's about a group of misfits in the financial industry. They were not the typical Wall Street bankers. Instead, they were independent thinkers. They noticed that the housing market was built on shaky foundations. Mortgages were being given to people who couldn't afford them, and these mortgages were then packaged into securities. The book follows how these individuals, through their research and intuition, decided to short these mortgage - backed securities. Their actions were like a canary in the coal mine, warning of the impending financial disaster. And when the housing market finally collapsed, their bets paid off, but it also led to a global financial crisis that affected millions of people.

What is the real story behind 'Sierra Burgess is a Big Loser'?

2 answers
2024-11-28 17:10

The movie 'Sierra Burgess is a Big Loser' is about a girl named Sierra who faces insecurities and high school drama. In the real story, it likely draws on the common experiences of teenagers dealing with self - image, bullying, and the struggle to fit in. Sierra's character represents those who may not conform to the typical 'popular' mold but have their own worth and charm.

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