The Big Short Movie

Front

Who is a main character in the film? Options: Warren Buffet, Michael Burry, George Soros, Bill Gates

Back

Michael Burry

Front

Why do the main characters decide to "short" the housing market?

Back

They predict a housing market collapse.

Front

Subprime Mortgage

Back

A mortgage for low-credit borrowers

Front

Collateralized Debt Obligations (CDOs) played a major role in the 2007-2008 financial crisis.

Back

True

Front

All the actions portrayed in the movie are legal.

Back

False

Front

The main characters of the movie are seen as:
Options: Heroes for exposing the truth, Villains for profiting off the crisis, Unaffected bystanders, both a and b

Back

both heroes for exposing the truth and villains for profiting off the crisis

Front

Did the banks in the film act ethically in their lending practices?

Back

False

Front

How does the film portray the regulatory agencies and government?

Back

Inefficient and ineffective

Front

What were the economic consequences of the housing market collapse as shown in the movie?

Back

It led to a global financial crisis.

Front

The events of the movie only affected big banks.

Back

False