a group of high flying, wall street investors can see the American housing market is going to crash. the figures are there. and so decide to invest against this in order to profit from it.
so of course they are utter arseholes because they make billions on this when the housing market does exactly this in 2008. although they have to invest billions to do so. this is not small time.
but the film is not so much about the crash, as the fact that the figures were there, that it could've been predicted, could've been stopped.
but the banks did nothing. the investers take their info to the bank, show them the figures. the banks don't believe them which is why they allow the 'bets'.
banks here, meaning, goldman sachs, deutch bank. lehmans, basically th wankers who brought the recession to the world.
in fact as the movie progresses the prediction about losses come true but still the organisations who provide the financial rating, the interest rates etc, do nothing.
our wanker investors are furious because this should be their big tickets. but it doesn't happen. so its basically becomes fraud .
of course eventually it does go tits up, millions of people lose their jobs, homes, life savings, pensions etc, whole countries go bankrupt and our wanker protaganists become mega rich, and the financial specialists, bank heads, ministers of money all go to prison for fraud.
oh wait that last bit didn't happen. even though they knew, and didn't care because they knew the government or rather the taxpayers woud bail out the banks because the banks can't fail.
it seems like old news now, but of course we're still living it.
good film though, and features margot Robbie in a bubble bath, explaining sub-prime. if that appeals to you.
or if you prefer heres 'jared' using the jenga version.
I've been getting back into film noir, though I can hardly remember film titles or what I've already watched. The Internet Archive's collection is a great place to start - and it's free! - but this Guardian article lists some wonderful noirs.
ooh I missed your post sleepy. I remember studying about film noir at college and really enjoying it. good stuff. 'brick' from 2005 is a good modern noir, and 'M', a german film from 1931, on the youtube i'm sure, although is that more horror than noir? yeah, maybe actually.
i'm here to recommend the new adam Curtis film, hypernormalisation, available on iplayer.
I say recommend, and I do, but also I think its a bit of a mess in some ways.
however when you pick through the 'really?' bits the underlying message is very interesting.
basically, as I understood it, sometime in the 70's and early 80's a couple of events occurred that has directly lead to our modern day acceptance of extreme terrorism, corporate takeovers of government and total lack of effective long term revolution.
this film also clocks in at nearly 3 hours so get the snacks in.
Post by thesentientpasty on Nov 7, 2016 14:27:30 GMT
Ssssnakes, you say?
Many many decades ago, when studying Archaelogy, in between the lectures on 'how to outrun a big rock' and 'shooting people holding swords', we were taught to irrationally fear the slippy, slidey critters.