![]() This allows the banks to sell any bad loans before they lose on them. Many banks were ready to jump on board with him and that these banks were working with bond rating companies to keep their ratings. He was to create a credit default in order to short the housing market. Burry figured that there was a way he could profit from this. These loans were made to many people that should not have been loaned money at such high interest rates. ![]() ![]() Michael Burry, played by Christian Bale, noticed that the housing market was very unstable and had a feeling the market would collapse in 2007 due to high-risk subprime loans. This movie depicts the financial crisis in 2008 and how it came about. ![]() The Big Short Movie Critique The movie that I chose was “The Big Short”.
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