How the 2008 Financial Crisis Started: Mortgage Bonds Explained (The Big Short)
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How the 2008 Financial Crisis Started: Mortgage Bonds Explained (The Big Short)
Ever wondered how the global economy almost collapsed because of a few wooden blocks? In this iconic scene from The Big Short, Jared Vennett breaks down the complex world of mortgage-backed securities and tranches. From the safe AAA ratings to the "dog shit" B-rated bonds, see how the housing bubble was built to burst. Keywords: 2008 housing ...
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The Big Short: Highlights and Popular Quotes
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