The Big Short: Inside the Doomsday Machine, published in 2010, examines the causes of the 2008 financial crisis, one of the greatest debacles in American economic history.Like many of financial journalist and author Michael Lewis’s other works, including Liar’s Poker and Moneyball, The Big Short is a bestseller.It becomes a sourcebook during Congressional hearings into the disaster. 'Idiot' (白痴/bái chī) from Faye Wong's 2001 album Faye Wong is the theme song. Lewis talks specifically about CDOs, or collateralized debt obligations. Friend Ship is the Phoenix Foundation's most personal work and also their most engaging since their 2010 classic, Buffalo. Please help improve it by removing unnecessary details and making it more concise. World-renowned American film director Don Tyler (played by Donald Sutherland) is shooting a remake of The Last Emperor in the Forbidden City, Beijing. In the first few chapters, Lewis profiles Steve Eisman and Michael Burry, two particularly quirky characters. A financial crisis is a situation where the value of assets drop rapidly and is often triggered by a panic or a run on banks. Details: 2001, China, Rest of ... Summary: An American film director befriends a Chinese cameraman ... Can you match each of these Bond villains with their own evil plot? As said before, Big Shot's Funeral doesn't end in an entirely satisfactory manner, though the characters end up pretty well. Tyler wants to make a great film, but, with all the expectations of the current project, feels he's lost his usual touch. Earn 125 points on every ticket you buy. Blue Note Re:imagined provides an entrance for new audiences to hear what's going on in British jazz today as well as to go back to the past and enjoy old glories. Yoyo, by contrast, speaks only a little English, stuttering over the few words he knows. Father Anthony Isabel, who also appears in "One Day After Saturday," ministers to the spiritual needs of Big … Meanwhile, TV food personality Anthony Bourdain explains how tossing a two-day-old fish into a stew is similar to the subprime mortgages tossed into CDOs to hide their risky nature from unsuspecting customers. Instead, the industry only seemed to begin hiding its practices better. After the death of his infant son, he became even more cynical about the industry, which he believed, was driven by a single creed: “fuck the poor.” He began to investigate the subprime lending industry, with the help of his new hiree Vincent Daniel, to see if there was any corruption he could unearth or some aspect he could bet against. Vennett was based on Greg Lippmann, a former bond salesman at Deutsche Bank.). Bear Stearns was an investment bank located in New York City that collapsed during the subprime mortgage crisis in 2008. At the same time, Michael Burry had opened his own hedge fund, Scion Capital, after quitting a promising career as a neurologist. This Study Guide consists of approximately 49 pages of chapter summaries, quotes, character analysis, themes, and more - From creating the title role in The Wiz to winning an Emmy for Ain't Misbehavin', André De Shields reflects on his roles in more than four decades of iconic musicals, including the GRAMMY and Tony Award-winning Hadestown. Published in 2010, The Big Short: Inside the Doomsday Machine was a loose sequel to Lewis' best-selling book Liar's Poker, a chronicle of his work experiences at Solomon Brothers in the 1980s. Big Shots is a 1987 American comedy adventure film directed by Robert Mandel, starring Ricky Busker and Darius McCrary. The Question and Answer section for The Big Short is a great Overview of Big Shot's Funeral, 2002, directed by Feng Xiaogang, with Ge You, Paul Mazursky, Rosamund Kwan, at Turner Classic Movies World-renowned American film director Don Tyler (played by Donald Sutherland) is shooting a remake of The Last Emperor in the Forbidden City, Beijing. Though they make a fortune on their trades, the duo is left highly dejected about the amount of risk taken and the moral hazard that ultimately would fuel the bailouts of several banks. Synopsis. A pony-tailed eccentric, spouting bits of Eastern and Western philosophy, Tyler idealizes and exoticizes the Far East (much in the same way that Bertolucci did with his film). Rickert was based on Ben Hockett, a former trader at Deutsche Bank. They claimed that the 100 ground floors gathered from 100 different subprime mortgage buildings of 100 different triple-B-rated bonds were all a diversified portfolio of assets, and should be rated triple-A for this reason when, in fact, they were all the same quality: triple-B (a very low score). Still, the film's funniest scenes -- Louis and Yoyo wheeling and dealing -- point to the most pressing concerns for Xiaogang Feng (and any other film director): how to make money and art. Big Mama lists among her possessions three containers of gold coins buried near her house that had never been found despite numerous and vigorous attempts. When he was approached by Greg Lippmann, a bond salesman from Deutsche Bank who had figured out how lucrative it could be to buy credit default swaps on subprime mortgage bonds, Eisman jumped on the chance to be against Wall Street. Big Mama also lists her immaterial possessions, including the colors of the national flag, the Supreme Court, beauty queens, transcendental speeches, and the underprivileged and political... (read more from the Big Mama's Funeral Summary). And neither can she, he decides, because she is American born. Toward the middle of the book, Lewis shifts his focus from these two characters, toward explaining the intricacies of Wall Street and its different industries. By pulling out blocks in the lower part of the tower, Gosling explains that the top-rated securities at the top end of the tower cannot stand when the lower-rated securities fail and are removed from its base. Her physician, convinced that Big Mama is dying, orders salves, stimulants and suppositories. It focuses in particular on a few exceptional people who were able to predict the crisis in advance and thus profit from it.