Big Short
These two actresses break the fourth wall to explain important concepts in the film.
Who are Selena Gomez and Margot Robbie?
A structured finance product that is backed by a pool of loans and other assets. It can be held by a financial institution and sold to investors.
What is a CDO (collateralized debt obligation)?
The act of selling an investment and buying it back later at a lower price.
What is a Short?
This hedge fund manager forecasted/predicted the housing crash.
Who is Michael Burry?
This agency was created to maintain stability and confidence in the nation's Financial system.
What is the FDIC (Federal deposit insurance corporation)?
This company’s stock was the focus of a short squeeze by Melvin Capital in 2021.
What is GameStop?
This game is used to illustrate the mortgage bonds when Jared Vennett (Ryan Gosling) pitches his investment proposal to Mark Baum (Steve Carell).
What is Jenga?
DAILY DOUBLE:
The legislation passed in 2010 in response to the crisis.
What is the Dodd-Frank Act or Consumer Protection act?
The largest producer of basketball shorts.
Who is Nike?
The name of the “garage band” investment company.
What is Brownfield Capital?
This bank received the largest bailout from the federal government in 2008.
What is Wells Fargo or CitiGroup or JP Morgan ($25,000,000 each)?
Another name for the shorting of securities (assuming it will fail to make repayment).
What is a credit default swap?
Steve Carell’s character Mark Baum's horrifying discovery at the forum in Vegas.
What is the knowledge that Synthetic CDOs are a larger market than the mortgages they are betting against.
Aunt and Uncle agencies that were taken over by the federal government after the crash.
What are Freddie Mac and Fannie Mae?
DAILY DOUBLE:
The decade jorts become popularized.
What are the 90s?