The Big Short Movie

Who among the following is a main character in the film?

• Warren Buffet

• Michael Burry

• George Soros

• Bill Gates

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

• They predict a housing market collapse.

• They believe that the housing market will grow indefinitely.

• They are motivated by government incentives.

• They want to increase the price of housing.

What is a Subprime Mortgage?

• A mortgage for high-income borrowers

• A mortgage for low-credit borrowers

• A mortgage with no interest

• A mortgage for real estate investors only

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

• True

• False

All the actions portrayed in the movie are legal.

• True

• False

The main characters of the movie are seen as:

• Heroes for exposing the truth

• Villains for profiting off the crisis

• Unaffected bystanders

• both a and b

The banks in the film acted ethically in their lending practices.

• True

• False

The film portrays the regulatory agencies and government as:

• Efficient and effective

• Inefficient and ineffective

• Strict and unforgiving

• Supportive and protective

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

• It led to an economic boom.

• It led to a global financial crisis.

• It didn't have any significant impact.

• It led to an increase in housing prices.

The events of the movie only affected big banks.

• True

• False