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General Category => Ask the Experts => Topic started by: TGJB on January 30, 2016, 01:05:00 PM

Title: The Big Short
Post by: TGJB on January 30, 2016, 01:05:00 PM
Saw it last night, I think Miff wrote it.

Hard to watch that without your blood pressure going up.
Title: Re: The Big Short
Post by: miff on January 30, 2016, 03:35:51 PM
Move up trainers in racing saintly compared to Wall St bandits.
Title: Re: The Big Short
Post by: Edgorman on January 31, 2016, 02:15:27 PM
Now you have to see \"99 Homes\".
Title: Re: The Big Short
Post by: Topcat on February 01, 2016, 06:26:24 AM
TGJB Wrote:
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> Saw it last night, I think Miff wrote it.
>
> Hard to watch that without your blood pressure
> going up.



Terrific.  I was the only one in my theater laughing with regularity.  Was surprised.   It\'ll steam you up - but there were plenty of laugh lines, which were appreciated.

Good to see ex-Fair Grounds announcer and current jump-up announcing specialist Tony Bentley as the Bear Stearns stooge on the stage with Steve C in the closing moments of the flick.
Title: Re: The Big Short
Post by: miff on February 01, 2016, 08:21:18 AM
When the true version of what occurred during the 2008 collapse comes out, it will be a shocker.The world could have gone bankrupt from public perception vs  financial reality,Bush ordered Paulson to print money and give it away if necessary to prevent  further panic.Big financial institutions were \"ordered\" on what to say and do for months,some threatened with extinction if failing to comply.Some were saved, others left to fail.

The most astonishing thing to come out of this is that MANY culprits never went to jail or were even indicted.


....and by the way, Goldman Sachs is the most powerful/influential non government financial institution in the world.
Title: Re: The Big Short
Post by: Topcat on February 01, 2016, 11:43:53 AM
miff Wrote:
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>
>
> ....and by the way, Goldman Sachs is the most
> powerful/influential non government financial
> institution in the world.


No doubt about it.   But somehow, it\'s outrageous they\'ve been permitted to play the \"heads I win/tails you lose\" game, to the extreme.
Title: Re: The Big Short
Post by: TGJB on February 01, 2016, 11:54:13 AM
\"Somehow\"?

http://www.princeton.edu/~bartels/economic.pdf

Now back to racing.
Title: Re: The Big Short
Post by: Topcat on February 03, 2016, 02:14:27 AM
TGJB Wrote:
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> \"Somehow\"?
>
> http://www.princeton.edu/~bartels/economic.pdf
>
> Now back to racing.


Quite.  No mystery.

\"And . . . they\'re off\"