Bob Henderson, a physics PhD turned Wall Street trader, lost $200 million in a single month in 2008 (before ultimately recovering from the loss and making a profit), while working at a major investment bank in New York. Still, nothing can replace the insight of someone who worked in the industry during the crisis. The film, which is being released across the United States today, is based on the book by Michael Lewis, and describes how a few prescient financiers bet against the debt bubble and made millions. After watching The Big Short, I felt I had a decent grasp on the causes of the 2008 financial crisis.
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