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/biz/ - Business & Finance

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File: 145 KB, 260x385, The_Big_Short_(2015_film_poster).png [View same] [iqdb] [saucenao] [google]
22792157 No.22792157 [Reply] [Original]

Soo this is a school thing and I suck at analyzing movies, but I had to watch the big short and answer the question in 400-500 words: "why aren't more bankers/mortgage brokers in jail for causing the financial crisis in the USA 2008?

Could you help me?!

>> No.22792199

>>22792157
Cause they are Jews.

>> No.22792211

>>22792157
they were bailed out

>> No.22792258

>>22792199
Fpbp

>> No.22792262

>>22792199
This. You can fill in the rest of the 400 words explaining how they control the banks, government and are above the law

>> No.22792296

>>22792199
This

>> No.22792307

Because of systemic racism. Cancel your teacher if she disagrees.

>> No.22792335

BIS basel II regulation fixed percentage capital constraints is responsible it made it practically illegal to sell mortgages creating a bubble that relieved itself via derivatives. The existence of derivatives does not create bubbles as the movie implies
The movie is anti capitalist propaganda

>> No.22792363

>>22792157
For the sake of this board:
> wtf are you talking about?
> this is a crypto board
> buy link 1000 eoy

The fact is that most people didn’t understand the math behind mortgage-backed securities. In the end you had financial instruments that contained faulty debt claims, but they magically received triple A ratings because nobody researched them profoundly.
In addition, since everyone was trading these instruments, no one wanted to be the first to say that they are not what they seem to be.
Think of the story “The emperors new clothes”, in which the emperor walked around in clothes that only smart people were able to see. Everyone knew that the emperor was actually naked but no one wanted to say the he is too dumb to see the special clothes.

>> No.22792398

>>22792363
just cut to the chase and say jews, there's no need to be afraid

>> No.22792421

>>22792157
Because immigrants and poor people are responsible

>> No.22792475

>>22792335
>>22792335
This, the ratings agencies and, as usual, Goldman Sachs are the culprits.

Poor fuckin FNMA and FMCC. Largest state theft of private wealth in history. 300+B by now. Buy their preferreds, anons. 4:1 before a year's out (or down to 0 if Biden wins (yeah right) AND Calabria's wrong about consent decrees).

>> No.22792641

>>22792363
lmao no. Banks knew the fed had to print our way out. End of story. They leveyed to the tits because power players believed it would trigger a bigger meltdown if it failed.

>>22792157
You can skip right to the final credits to get the movie's answer to this and knock out your report. In truth it's just very hard to catch anyone because politicians get such huge kick backs

>> No.22792660
File: 63 KB, 819x1024, 1600730711206.jpg [View same] [iqdb] [saucenao] [google]
22792660

>>22792157

>> No.22792933

>>22792475
no the BIS is responsible.

>> No.22793136

>>22792157
what (((bankers))) ?
filthy goy stop spreading hate

>> No.22793325

He who controls the banks controls the universe. It is the same reason that a German man was hung for writing a book yet Truman was never held responsible for murdering one hundred thousand Japanese citizens. There is no real right or wrong, the only things that exist are power and strength, nothing else matters. History is always, has always been, and will always be written by the victor.
Tl;dr: morality is a spook.