When a small group of outsiders saw what the media, big banks and government refused to acknowledge, they had an idea. The housing market wasn’t as stable as the banks liked people to believe and when these outsiders realised that, they invested and bet against the banks – if they were right it would lead to big money for them but it would also mean the end to capitalism as we know it.
There’s four groups of people who realise what’s going to happen to the housing market and they very rarely cross each other’s paths. Michael Burry (Christian Bale) is the eccentric hedge fund manage who makes the discovery that the US housing market is incredibly unstable and figures out a way to make money from that. His pitch is then discovered by trader Jared Vennett (Ryan Gosling) and he decides to get in on the action and one misplaced phone call alerts hedge fund manager Mark Baum (Steve Carell) to his plans and Baum and his team is convinced to join Vennett. The final set of characters The Big Short follows are young investors Charlie Geller (John Magaro) and Jamie Shipley (Finn Wittrock) who become involved with the credit default swaps with the help of retired banker Ben Rickert (Brad Pitt).
All these characters were interesting and determined with what they believed in even when other thought they were crazy. Baum and his small team were brilliant, they were all jaded by the banking system, though Danny Moses (Rafe Spall) is the optimist of the bunch, and the way they bounce off each other make them feel like real people who have been working together for years. (more…)