Gives some understanding.

Rating: 8/10 (19 June 2017)

Want to know what a:
Sub-Prime Mortgage Mortgage Bond Credit Default Swap Collateralized debt obligation Synthetic Collateralized debt obligation
are?
Didn't think so.
But this fascinating movie shows how three different fund managers of varying levels of experience realized as early as 2005 that the housing market was a bubble about to burst and set out to profit from it when it did. As 2007 rolled into 2008 and people began to default on their mortgages - the fund managers begin to realize that they have actually bet on the economy failing and that this will lead to millions losing homes, jobs and savings.
The three funds ultimately made $2.5 BILLION but it was a drop in the bucket compared to the $5 TRILLION wiped out the economy.
Cleverly told by observation, characters talking directly to camera in plain English and short blocks of text - the movie recreates the heady days of 2005-7 and the eventual failure of the big banks. A far clearer understanding of what really happened emerges.
A surprisingly good movie from what threatened to be a dry subject.