The Big Short depicts two distinct sides of the 2008 financial crisis. Those that saw a disaster forming, such as Michael Burry and Steve Eisman and those who actively contributed to creating one of the worst financial crisis’ ever. But while we know Burry’s big short bet ultimately paid off, earning him and his clients hundreds of millions of dollars you might not have heard about what happened to those who were perpetuating the economic crisis with their greed and fraud.

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Including Wing Chau, the CDO manager who 'Mark Baum' (Steve Carrel) had dinner with in Las Vegas, Bill Miller who debated Steve Eisman as Bear Stearns stock collapsed, and Howard Hulber (Benny Kleeger in the movie) who lost Morgan Stanley $9 Billion in his subprime mortgage trade.

TIMESTAMPS
INTRO 0:00
CDO MANAGER'S FRAUD 0:30
GREEDY BEAR STEARNS INVESTOR 4:52
$9 BILLION TRADING LOSS 6:30

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Disclaimer:
The information in this video is general information only and should not be taken as constituting professional advice from Hamish Hodder.
Hamish Hodder is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances.
Hamish Hodder is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this video.

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