Submitted by CrackCody t3_10p5ozv in wallstreetbets
Comments
Weird-Status-287 t1_j6if4u6 wrote
I like that movie, (except that unnecessary Kevin spacey dog subplot that was not necessary) but damn was that guy a scumbag. Ethics? Nah we need to SURVIVE!
Starkydowns t1_j6ik6ok wrote
I hated the whole dog subplot the first time I watched it, but the more I think about it the more I feel like it explains his character a little more. Everyone else seems like they are fully invested in this company. Meanwhile, Stacey’s character is worrying about a dog. It compliments the scene where he says something it the effect “no I don’t want to hear this.. how do you think I’ve survived this whole time”. His character is somewhat aloof compared to the others, but that’s because he’s cynical to the industry and wants to get away. He only stays because “he needs the money”.
SchnitzelAndCholado t1_j6im5db wrote
What's the movie called?
Invesalius t1_j6in1xi wrote
Margin Call
[deleted] t1_j6in42p wrote
SchnitzelAndCholado t1_j6in4cv wrote
Weird-Status-287 t1_j6iqx0h wrote
Yeah I get it, I just thought it was shoehorned in there. Then at the end showing up at his ex wife's house, it was cringey I think. But I mean it's got alot of that stuff going on. I wish they explained a few things a bit more, just to fill in some peices.
The_Fake_King t1_j6ira9o wrote
The memestock crowd love to quote this movie as reasons why they're going to be rich someday by investing in failing businesses, but don't realize they're quoting the hedgefund perspective.
ihaveathingforyou t1_j6irn6p wrote
Cringy?
I think it was to show that he’s working to pay for his wife to live in a beautiful house. Prob got divorced because he works too much.
Lost-Aardvark-7182 t1_j6irp1n wrote
Good movie, the best part is where the risk manager says he used to be a civil engineer and designed a bridge that saved like billions of hours spent in traffic. What a guy
Starkydowns t1_j6iu4oz wrote
And the dog is all he had left
BedContent9320 t1_j6iuzzl wrote
And quote/reference wolf of wall street.
A movie about a guy who tricked idiots into buying trash so he could steal all their money.
odischeese t1_j6iylgu wrote
That’s why he gets paid DA BIG BUCKS. Why he’s on TOP.
Weird-Status-287 t1_j6iyplp wrote
I.... don't.... hear.... a.... thing.......
odischeese t1_j6izddc wrote
I’m dead 🤣🤣🤣🤣
hjugm t1_j6izo93 wrote
Jeremy irons masterclass in acting. He stole the show with the boardroom scene.
Mike_Ropenis t1_j6j0dam wrote
Davey Scatino would definitely be a regular here
armen89 t1_j6j0o10 wrote
Some people like the long way home.
armen89 t1_j6j0wq4 wrote
It was where he lived. The ex wife even says, “ Sam, you don’t live here anymore.”
armen89 t1_j6j12e0 wrote
It’s the best movie depicting wallstreet ever made. It’s also based on the 2008 collapse.
ihaveathingforyou t1_j6j1ef9 wrote
I’m aware, but he’s still paying for it, so his ex wife can now live there.
infected_scab t1_j6j1zl1 wrote
The Big Short is about short selling hedge fund managers.
Lost-Aardvark-7182 t1_j6j22u0 wrote
Ah! I remember that line. Quite iconic
Pandamonial t1_j6j2c1i wrote
It's a short pyramid all the way down
Unknownirish t1_j6j7o93 wrote
What's the name of the movie? I know I know I should probably not ask lol
NoMoassNeverWas t1_j6j7p2n wrote
My favorite scene is the trading morning, how they're selling everything off and the phone calls start out "Hell yeah I'll buy " to "you fuckin guys are selling me shit aren't you, why?"
NoMoassNeverWas t1_j6j7wfq wrote
I read that in his voice.
WroughtenPS2 t1_j6j7zru wrote
It's not that good really. A lot of the writing was clearly written by someone who doesn't know anything about the subject matter and it makes the "professionals" look like idiots. Happens often in finance movies.
thelundd t1_j6j82so wrote
Margin call. It’s on Netflix
Weird-Status-287 t1_j6j83b0 wrote
That's because I typed it in his voice
Unknownirish t1_j6j8567 wrote
I thought so. Thank you
Lost-Aardvark-7182 t1_j6j87q5 wrote
I mean yeah but i don’t really watch it for the realism it’s more for the ambience it evokes
WroughtenPS2 t1_j6j91wu wrote
Makes it unwatchable when one of the professionals is clueless about something basic.
[deleted] t1_j6j95tm wrote
Holy_Grail_Reference t1_j6jat3d wrote
I know I do. Only time I have to myself.
TKInstinct t1_j6jbsqy wrote
Stanley Tucci is one of those guys who's been in a million different things but you never remember his name. Which is a shame because he's never played a bad role IMO.
StupidWorthless2 t1_j6jc4es wrote
I'm pretty sure the OP was making fun of bulls buying at the top of a bear market rally.
ThatPizzaDeliveryGuy t1_j6jcbjv wrote
Haven't seen the movie, but wall street professionals being idiots seems pretty accurate to me
Meanie_Cream_Cake t1_j6jd2yl wrote
Literally just finished watching the movie.
WroughtenPS2 t1_j6jdvlv wrote
You have a point. But it's a different kind of cluelessness.
NoobCinema75SGF t1_j6jea11 wrote
Every single one of Yall would buy bags from the Lion King villain. No cap.
The_Fake_King t1_j6jg1bh wrote
I added onto it.
hideous_coffee t1_j6jgdvk wrote
He had that travel show about Italy and that drilled his name into my head forever.
AcSpade t1_j6jgwzy wrote
Imagine how he'd feel about work from home.
William_Dowling t1_j6jia4k wrote
As someone who's spent decades in board rooms like that I thought the exact opposite. Clearly someone who'd spent shitloads of time in that environment and needed to explain it in simple terms to non-pros. The head of Risk, Sales, Trading, the CEO, all spot on.
WroughtenPS2 t1_j6jinte wrote
It was among the traders who should have understood risk, not talking about the CEO or the people who didn't necessarily have that expertise. I don't remember the exact moments from this movie, but one that always stands out for me as the epitome of Hollywood finance is in the Big Short when a trader doesn't know what a credit default swap is.
Are_we_the_baddies_ t1_j6jk5rr wrote
Agreed. His dogs burial also seems symbolic to me. Is he burying some part of himself that existed before he crash? Is he finally burying his last connection to the outside world? He’s far more torn up about his dogs death than ruining the lives of other Wall Street traders, why (rhetorical q)?
Damn it’s like I’m in 7th grade English again
markets-sh t1_j6jl8vo wrote
So that we
Joey164 t1_j6jmcak wrote
Do you think they can hear the music still?
[deleted] t1_j6jmu20 wrote
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nsgarcia10 t1_j6joqf5 wrote
They do that because the audience is the ones that likely don’t know anything about finance.
It’s a way to exposition dump.
You’d lost 99% of your audience if you made it accurate
[deleted] t1_j6jr453 wrote
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Rim_World t1_j6jr91d wrote
I wish everyone in this sub watched this movie once every other month just to keep their bull bias in check in a time of financial instability.
kingdroxie t1_j6jssk9 wrote
The dog was meant to ground their perspectives.
The guy knowingly participates in the fire sale and subsequent economic collapse of the United States, but it still doesn't hang over his conscience more than his dead dog.
The movie ends with him burying his dog. At the end of the day, the death of his dog was more important to him than what he's done to the economy.
benji3k t1_j6jtg8p wrote
After reading the book recently it appears the product they used is more like buying calls on an inverse ETF except it either paid all or nothing to them with no strike price per say , not them actually doing the short selling. But I'm probably wrong honestly I'm regarded and can't read.
zombietampons t1_j6jvya4 wrote
just watched that scene two nights ago... never seen kevin so...
adamzzz8 t1_j6jy32b wrote
But that's there just so the world famous chef Anthony Bourdain can explain it to the audience who actually have no idea what that is.
MooFu t1_j6jz0j0 wrote
On second thought, how much for the cap?
Cody6781 t1_j6k00t7 wrote
"so that we may SURVIVE" was probably the most badass line in the movie tbh
gdgdagg t1_j6k0luy wrote
What’s the movie this is from? I don’t recognize the quote
Weird-Status-287 t1_j6k0xy7 wrote
I liked when Sylar was like "yeah bro I'm a rocket scientist" and The Mentalist was like "you aint smart". Then Jarvis was like Ono ima jump but not today".
parkranger2000 t1_j6k10ss wrote
They almost called it “Sell sell sell!” Few people know.
Weird-Status-287 t1_j6k13ir wrote
Yeah I get it i just didn't think it was fit in well that's all. I think without it the movie still stands on it's own.
parkranger2000 t1_j6k1dum wrote
Damn T-1000 really went downhill. Puts on cyberdyne systems
parkranger2000 t1_j6k1h7n wrote
Long live the king
kingdroxie t1_j6k1rjy wrote
The whole subplot is just a small comment. The movie stands well on its own, but that subplot further solidifies a smaller theme many people may not have picked up on without: the experienced and the leaders didn't really give a shit about the consequences.
parkranger2000 t1_j6k1ys6 wrote
Shrek 2: Thiccboi Shrek
ChippyChalmers t1_j6k2v5m wrote
Can't tell if you're joking but I ... bought it
wolf_9823 t1_j6k3tl5 wrote
The Tooch is the best! “Gird your loins!”
Worried-Title8760 t1_j6k53h5 wrote
I still think about that portion of the movie when anyone mentions it. Looking at how every tech CEO is doing layoffs now, it is clear not many have this ability to determine when things go south before others.
HOWARDDDDDDDDDD t1_j6k5d5b wrote
Good idea Brian!
wealth4good t1_j6k5gsz wrote
You know the easiest way to give money up to the Casino, right?
A. Take all of your money, and stuff it in a suitcase or bag. Then drive by the front door and drop it right off...!
Lomofre88 t1_j6k74ns wrote
MAY SURVIVE
InterstellarBlue t1_j6kfbyy wrote
I agree. At first, you might think that the dog is just a subplot and unnecessary to the character. But I think the dog is central to the story.
Spacey's character, throughout the movie, is the sort of moral foil to the other characters' moral atrociousness. His main role in the movie is to protest to the CEO against unloading the bank's position and causing a financial crisis. He's sort of the "good guy" of the movie.
But we see, as the movie ends, that he is slowly pulled in and corrupted. He's forced to go along with the CEO's plan. You can see it in the speech that he gives his team at the end. He says something about how everything they've done has been "for the greater good", but it's obvious both in his tone and his mannerisms that he doesn't believe it at all.
At the end of the movie, he feels completely sick and demands to leave the company, but then after the CEO talks to him, he realizes he is forced to stay because he needs the money.
Where does the dog come in? The dog is an extremely powerful symbol. It represents his moral character, his soul almost. His moral character gets sick and dies as the movie progresses, and the final shot is of Spacey's character burying the dog. He's fully aware that he will never leave the company, always coming up with new excuses for why he "needs the money" or something else. He's mourning the death of every good part of his moral character.
HOLDGMEBROTHERS t1_j6kfmg0 wrote
Sometimes I wonder what happens if ever we loose the dollar as global currency
HOLDGMEBROTHERS t1_j6kfnam wrote
HOLDGMEBROTHERS
Ready_Funny_6780 t1_j6kgb74 wrote
when the price will look like a phone 📱 number we can post this line hehet
MakeAUTurn t1_j6kj5al wrote
A subtle flex on how great he was with numbers, churning out calculations and projections in the millions from the top of his head as easy as counting to 10. Really underpinned the sheer stupidity of the firm for firing him. Literally saves their ass by passing on his model.
Parlayz4Dayz t1_j6kk7u4 wrote
anonymousperson767 t1_j6knbbj wrote
Forever the villain in Beethoven!
cl0wn_w0rld t1_j6kq1a7 wrote
Was this movie based on any real company during the financial crisis? Did any bank really see it last minute and dump all their shit? i know people were buying CDS, but i dont recall hearing about anyone triggering the MBS meltdown by unwinding their position in 1 day.
Ambitious_Toe_4357 t1_j6kqex2 wrote
I'm really interested in that cap now.
m1t0chondria t1_j6kqwhg wrote
“A man made a bet, and he lost! Then he made another one, and he lost again!”
m1t0chondria t1_j6kr2vp wrote
Directors cut?
m1t0chondria t1_j6krftl wrote
It’s a completely separate class of instruments, but yes with very loose analogy there were multiple all or nothing DOOM-like instruments out there that were wildly mispriced because the fees looked so damn good if you didn’t understand the model and especially the underlying assumption of statistical independence in underlying assets, which wasn’t true.
Ambiguousdude t1_j6ksjr0 wrote
Is this a serious question?
[deleted] t1_j6kskiu wrote
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[deleted] t1_j6kt1cv wrote
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cl0wn_w0rld t1_j6kv67j wrote
OrdinarySignature823 t1_j6kxdb2 wrote
Well I think he’s a real piece of shit
stanthemank t1_j6kxg0w wrote
Wasn’t the whole movie based on Goldman Sachs, who is contrast to the other major players, escaped the crisis relatively unscathed?
Bongressman t1_j6kxkvq wrote
Some people NEED the long way home.
jules13131382 t1_j6l0447 wrote
Lmaooooo
tslGUH t1_j6l4cy2 wrote
My loss is your gain
cheesenuggets2003 t1_j6l9tq2 wrote
That would have been a terrible name.
[deleted] t1_j6lblif wrote
bombombay123 t1_j6lilex wrote
"Further it may be appreciated that the credit rating of all of the Adani debt securities held by LIC are AA and above which is in compliance with the IRDAI investment regulations as applicable to all the life insurance companies," LIC said.
Existentialidiot83 t1_j6ljd5s wrote
Keep telling yourself that buddy 🤣🤣🤣
Geeman339 t1_j6lk5an wrote
I just watched this movie again today lol
[deleted] t1_j6lkug1 wrote
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parkranger2000 t1_j6ll0ro wrote
Yessssss I was hoping to get one crossover here who’d get my sick reference bro!!!
theworkinpumpkin t1_j6lmx0e wrote
Hey, my broker recommended me that movie too
Fausterion18 t1_j6lnh7g wrote
Layoffs generally happen at the end of a recession FYI.
Fausterion18 t1_j6lnkcc wrote
What ethics lol? All these IB guys are sharks, they just happened to eat the other sharks this time around.
It's not like their counterparties are grandma, it's big banks like Deutsch, Merrill, etc. What he did was sell securities that he thought was worth less than the current market price. No different from some wsber doing the exact same thing. This is literally what trading is.
Fausterion18 t1_j6lnzo4 wrote
Nothing the CEO did was morally wrong. Their counterparties were other investment banks, trading is a zero sum game.
Saying the fire sale was morally wrong is like saying bluffing other players in poker is morally wrong. Everybody in that movie was a shark, they just happened to be a smarter shark. What he did is no different from what people do every day on this sub - he bought and sold securities that he thought had a different true value than the current market price. That's literally what trading is!
The CEO is 100% that correct nothing they do could even slightly alter the course of the incoming economic shitstorm and all they can do is attempt to survive it. He did the right thing by fucking over the other sharks and giving his employees a fat severance.
MtnMaiden t1_j6low5d wrote
I need the money
Lost-Aardvark-7182 t1_j6lu2sm wrote
I like how he said this in reference to the risk manager guy having taken the long way home just moments before they met. Probably thinking how to break the news to the wife
Legitimate-Source-61 t1_j6lulvw wrote
The CEO knew the end of the boom was coming. He's been round long enough to know the music stopped way before "Spock" entered the scene. He probably was positioning his exit. Why do you think the Risk Management guy was fired? It was to keep the plates spinning a bit longer! The CEO just played along that he knew nothing. Haha
Legitimate-Source-61 t1_j6lv5en wrote
The risk manager was sacked so the plates could be kept spinning a bit longer. Until that pesky Spock found the data.... The CEO was well aware of the economic environment. He just played dumb. I would have liked to know if he cashed in his options even before all this. Plot twist... the firesale at the end was the sale of his remaining options. The CEO bought another Lambo after the film. Pro move.
[deleted] t1_j6lzn2m wrote
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cbauer1723 t1_j6m3edw wrote
Haha just watched it yesterday
Owner2229 t1_j6m6781 wrote
>movie
Did he also send you his new phone number? Something like $3 875 641
Dark_Tigger t1_j6m90mv wrote
Margin Call. It has like 6 REALLY great scenes. And the rest is incredibly boring.
jayyfo t1_j6ma7jc wrote
WHO'$ The Man Behind The Curtain?
MrULTRALONG t1_j6mdj7i wrote
I will netflix and chill till the market completely collapses sfter another jpow rate hike annoucement
AZAnon123 t1_j6mg1k5 wrote
What the fuck are you talking about options? You’re regarded.
iamthatmadman t1_j6mlm0t wrote
Fuck, i didn't see it from that perspective. I just thought LIC was keeping up with Adani for his big connections in government. That might be a reason too, but your reason is valid too
Diligent-Road-6171 t1_j6mnrjq wrote
> trading is a zero sum game.
thats not the case
Puzzleheaded_War6102 t1_j6mohj7 wrote
Scar was always the leader we needed. Brotherhood of Lions & Jackals was always the way. Simba rise was nepotism
JeremieB20 t1_j6mom81 wrote
Kittens, cats, sacks and wives, how many where going to St. Ives?
InterstellarBlue t1_j6mvko2 wrote
If you think that the movie was not intended as a criticism of some of the characters, you completely missed the point of the movie.
There are so many scenes that represent this, where characters regret spending their careers at the bank (Stanley Tucci's character talking about building a bridge and implicitly lamenting not spending more time doing something worthwhile, Kevin Spacey's character's speech to his team where he disappointingly assures his team that what they've done has been "for the greater good" when he of course doesn't believe it, Kevin Spacey's character "wishing" that he had spent his time digging trenches so that "at least there'd be some holes in the ground to show for it) where characters get fucked over and discarded (Stanley Tucci's character, Demi Moore's character), and other scenes (e.g. Zachary Quinto's character telling Kevin Spacey's character that his son is "a good person", strongly implying that many of the characters we've seen are not). Not even mentioning all the scenes that are meant to bring out the selfishness, ruthlessness, and greed (As Paul Bettany's character reminded us, "Whatever they do, this firm does not lose money.")
The tonal climax of the movie is Kevin Spacey's character protesting to Jeremy Iron's character about selling their securities and kickstarting the financial collapse during the board meeting. Just look at the scene right after the sale scene where Jeremy Irons's character literally goes through a list of disasters that were arguably caused by shortsightedness and greed, and literally saying something like "we never learn". Some of the best acting I've seen is Jeremy Irons trying to justify what they did, saying something like, "It's just money. It's not wrong". Cut to Kevin Spacey looking absolutely disgusted.
This movie was absolutely a moral indictment of the characters in it, and Kevin Spacey's character represented a protest to Wall Street greed, excess, and myopia. His dog dying represents his own corruption and the death of his conscience and soul, as he realizes he's never going to escape. Trading is absolutely a zero sum game and the movie was a criticism of it and everything Wall Street represents.
Weird-Status-287 t1_j6n04bb wrote
Ohhhh is there one? Lol
TheMetabrandMan t1_j6n0h29 wrote
Give time for the wife’s boyfriends to get dressed. Thoughtful.
TheMetabrandMan t1_j6n18e3 wrote
Fun fact:
Apparently, Sir Ben Kingsley was supposed to play the role of John Tuld but he had other projects at the time. So, it was offered to Jeremy Irons and he said yes 🙃
Glad he got it.
DeadFamilyMan t1_j6n3037 wrote
Absolutely false
dinglebarrybonds t1_j6n3bs6 wrote
Getting out ahead of time when things are good is a pretty rare ability
_almostNobody t1_j6n421n wrote
I got whachu need, what whachu need 🎶
cl0wn_w0rld t1_j6nhzbp wrote
thanks, i thought it was based on Lehman Brothers but there were some things in the movie that didnt match up, for one being the fact the company is implied to survive in the movie by being "first". Since Lehman didnt survive and was a major bag holder, it didnt match up.
However Fuld/Tuld seems pretty straightforward lol.
ChemistryRespecter t1_j6nwt9m wrote
It's supposed to be, but Tuld (Jeremy Irons' character) was a nod to Fuld, the then-CEO of Lehmann.
[deleted] t1_j6nywj5 wrote
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PhuckBigMoney t1_j6o0hhp wrote
We are selling to willing buyers at fair market prices....so are drug dealers. Now you know where investment banking stands on the list of valued industries in the world.
Fausterion18 t1_j6okhqv wrote
Cool story, the fact remains that the CEO is completely correct and the fire sale was not morally wrong.
That the director and writer didn't understand that is irrelevant.
Fausterion18 t1_j6okngu wrote
The derivatives they were trading are 100% a zero sum game.
Diligent-Road-6171 t1_j6ol7ja wrote
They were trading MBS, which is a perfectly useful and positive value financial instrument that gives both borrowers and lenders options they didnt have available to them.
Fausterion18 t1_j6oldmk wrote
It's pretty clear from the film he wasn't aware of the issue.
Risk management guy was fired because investment banks were having layoffs in 07 and early 08 due to downturn in business.
Fausterion18 t1_j6om8u1 wrote
They weren't investors, they were traders. From their perspective trading those were zero sum. Any gain they had was at the cost of the bank that traded with them.
Kinda like how leaps and synthetic longs are perfectly useful instruments for long term investing, but options trading is always zero sum.
InterstellarBlue t1_j6omepj wrote
It sounds like you're completely and deliberately missing the point. The greed, shortsightedness, and ruthlessness on Wall Street are 100% morally wrong. They cost American taxpayers trillions and are representative of how the wealthy wield disproportionate power in this country.
All of the things I pointed to, from the movie, in my comment above are criticisms of that. The whole movie worked to criticize Wall Street. It's like you're insisting that someone who wins at poker isn't doing anything wrong, and I'm trying to explain to you that the whole point is that the game is messed up and all the players in it are greedily trying to screw each other over, while costing the audience their money and livelihoods.
Fausterion18 t1_j6omllc wrote
Cool story, nothing you said is even remotely relevant to my post, which is the fire sale itself that Kevin spacey had so much trouble with was not morally wrong.
There is nothing "messed up" about trading, just like there's nothing wrong with poker. Otherwise why the fuck are you here? What they did is no different from what all of wsb does.
Diligent-Road-6171 t1_j6on8va wrote
2 things:
1 - The firm in the movie wasn't purely a trading firm. They were the originators of the MBS, and that's how they made money, there would be no MBS without them. In fact that's a core reason why they took too much risk and had to liquidate. It's a key plot point!
2 - Even pure traders are not zero sum. There is value in providing liquidity and in making the market more efficient.
Fausterion18 t1_j6onrgw wrote
-
Two separate departments. The trading desk was zero sum.
-
Yes they are lol. The gains and losses come purely at the expense of the counterparty. Liquidity and efficiency isn't relevant to whether the market is zero sum. This is like saying Texas holdem isn't zero sum because there's value in entertainment.
Diligent-Road-6171 t1_j6oovrm wrote
What a dumb fucking argument, do you think that they'd be originating the MBS if they couldn't sell them?
Fausterion18 t1_j6opilp wrote
They don't fucking sell the MBS to other investment banks through the trading desk dumbass. They sell directly to investors.
In the fire sale scene they even talk about this. The traders said things like "oh we bought too many, oh we bought this at 95, etc".
Diligent-Road-6171 t1_j6oqinf wrote
You dumb ass they were talking about the par value of the lots that compose the MBS.
They weren't just selling the MBS in the firesale, they were selling the mortgages they used to make the MBS
This is literally spelled out for you in the board meeting.
Fausterion18 t1_j6otu08 wrote
> You dumb ass they were talking about the par value of the lots that compose the MBS.
You dumbass the par value is always 100. The traders were lying and claiming they bought it at 97 or 95 whatever.
Goddamn you clearly don't know shit about bonds.
>They weren't just selling the MBS in the firesale, they were selling the mortgages they used to make the MBS
>
>This is literally spelled out for you in the board meeting.
You can't sell a mortgage over a trading desk like this idiot.
They were selling their own originated MBS and pretending like they bought them for trading purposes.
[deleted] t1_j6ou2qx wrote
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CrimsonGlacier t1_j6oueif wrote
“If people want to live like this– with their cars and their big fucking house they can’t even pay for… then Wall Street is necessary.
The only reason they all get to continue living like kings is because we’ve got our fingers on the scale in their favor.
If I take my hand off? The world gets really fucking fair really fucking quickly and nobody actually wants that. They say they do but they don’t.”
InterstellarBlue t1_j6p02dr wrote
Honest question. Do you think that the many individuals working at big banks during 2008 did something wrong? I think there is a huge difference between what individual retail traders do and what is done at the big banks on Wall Street.
This movie was an indictment of that. I'm surprised you're not seeing that. That is what my original point was in my first comment.
Fausterion18 t1_j6p2ugs wrote
Totally irrelvant, I'm only addressing the fire sale and the CEO speech.
> I think there is a huge difference between what individual retail traders do and what is done at the big banks on Wall Street.
There is zero difference from a wsber selling an option and one of the traders in that scene selling a bunch of mbs.
> This movie was an indictment of that. I'm surprised you're not seeing that. That is what my original point was in my first comment.
Your original point is a red herring.
VisualMod t1_j6ida8g wrote
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