kauaioo

It did not help at all, I'm not in the remedial class :) It's when the banks are actually crumbling and how that affects the 'big short' investments - there's all this talk of the regulatory organisations not allowing the security ratings of the CDOs to change in response to the high volumes of defaults so the 'big short' investment isn't materialising (I still get this bit) but but then it all resolves without them being (in my mind) explicit on the details. There's something about the banks taking out these 'big short' investments first before they collapse, maybe it is as simple as that, they (the banks) manipulate the facts until they can get in on at least some of the action. But why did they fail then, was it just not enough. And then there's a case where one of the 'big short' investors is actually linked to one of the insolvant banks so they talk about his investment having to go on their books and him losing everything, but then that magically changes but I'm not sure why. It's like they wanted the audience to experience some of the confusion and panic that was happenig at the time becauee there was no precedent or road map...and if so, that worked! I had invested 2 hours in the movie and was panicking that I was going to lose everything, job well done :)

Watch the movie, I think you'll really like it. Call me when you're going and I'll go again. I think John will come too because I left him just coffee and orange creams this weekend and he's bitter ;-)