"The Big Short" Summary

     This film is about Wall Street and the mortgage bonds. In 2008 it came crashing down. The mortgage bonds were profitable but they started running out of mortgages to put in them. Banks were giving them out to people who could not afford them.  In April 2007 the market started going down but in 2008 it crashed and many people were out of jobs and unemployed. There was a CDO which is basically all the left overs, a bundle of mortgages. Then there is synthetic CDO's which is just more complicated. Wall street was under fraud and people paid for it by losing jobs. Wall streets giant stop went to zero, they ended up closing down the fund.