The Big Short (2015) - FrontPoint Partners' investigation in Florida & first trade [HD 1080p] on HackerTube: recommended by 1 Hacker News commenter across 1 month, 2018–2022.
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A clip from the 2015 film The Big Short in which FrontPoint Partners investigate mortgage lending in Florida and place their first trade. It shows brokers and a stripper-adjacent loan scene illustrating subprime lending to unverified borrowers.
Cited as a film scene illustrating subprime lending, housing bubbles, and people bragging about bad behavior.
“They are not confessing; they are bragging.”
4 Hacker News comments link this video. Each one links back to its thread.
Start of the Great Recession. S&P 500 went from 1400 to 800 in six months. I lost 40% of my retirement investment and it was ... distressing to say the least. Movie recommendations: Margin Call [link] The Big Short ▶ this video
in “Ask HN: Turning 40 soon – seeking personal and professional life advice” · View on HN
Lately more and more such videos are shared online and the very first thing that came in my mind is this scene from "The Big Short" [1]; - "I don't understand; why are they confessing?" - "They are not confessing; they are bragging." I get the impression we are going to witness this scene in real life sooner than we can possibly imagine and I hope I'll be proven wrong! [1] ▶ this video
in “Day in my life as a 22 year old living in Chicago working in tech” · View on HN
As cash-rich contractors, they were lucrative customers for expensive subprime adjustable-rate mortgages once underwriters stopped verifying steady employment income. somewhat NSFW: ▶ this video
in “Canada’s Real Estate Market Is a Giant Pyramid Scheme” · View on HN
This reminds me of the Mortgage Broker Scene in The Big Short where they interview two brokers. It's their job yet they are contributing in spite of consequences. ▶ this video
in “Tech Unicorns Are Going Public at Near-Record Pace” · View on HN