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.
The housing crisis in 'The Big Short' began with the loosening of lending criteria in the mortgage market. Lenders were giving mortgages to almost anyone. These mortgages were then grouped together and sold as securities. As the housing market started to show signs of weakness, borrowers began to default on their loans. This led to a downward spiral in the value of the mortgage - backed securities. Since financial institutions all over the world had invested heavily in these securities, the whole financial system was at risk. As the defaults increased, the housing prices plummeted, and the crisis fully unfolded.
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.
The real story could be a combination of factors like market competition, poor management decisions, or negative publicity.
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.
One major aspect of Pakistan's education crisis is the lack of access in rural areas. Many children, especially girls, have to travel long distances to reach schools, which are often poorly equipped. There are also issues with teacher shortages. Without enough trained teachers, the quality of education suffers. And poverty plays a role too. Families can't afford to send their kids to school as they need them to work and contribute to the family income.
The real story could be the market trends. If the market is shifting away from the brand's product or service during the crisis, it shows that the brand may not be adapting quickly enough. For instance, if a brand is selling DVDs and the market has moved to streaming, that's a big part of the real story.
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.
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.
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.
I'm not sure. Maybe it's just a figure of speech and not based on a true event.