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This film should be required viewing in order to graduate HS, IMO.
I haven't watched it. I usually do not like these type of films as they are usually painful to watch for those of us who work in the industry and lived it first hand. Painful as in usually way too hollywood'ized and dumbed down. But some of my coworkers have said stuff about it meaning that is was fairly accurate. So I may give it a watch at some point.
I actually understand this stuff, having working in financial services for several decades. They did a good job at dumbing it down and explaining it to the layman, explaining what the instruments are and how they work, what leverage is, and conveying the severity of the fraud that was gong on during the crisis. What they didn't do well at all is to show the size of the bond market and how it really almost did take down the worlds financial markets, or how the government basically protected the banks and the ratings agencies (basically they had to to prevent the same).All in all my wife and daughter now understand a little more of the crisis and what could have happened.I'd rate it at 3.5 stars for enjoyability, and maybe 4 for telling a story with a difficult concept in an understandable way.
I loved it! This film should be required viewing in order to graduate HS, IMO. Superbly written and acted and a very concise and accurate assessment of the financial crisis.