Re my last. Here’s a quote from Michael Lewis’ article in Vanity Fair on his book’s surprise success as a film, The Big Short:
The behavior of our money people is still treated as a subject for specialists. This is a huge cultural mistake. High finance touches—ruins—the lives of ordinary people in a way that, say, baseball does not, unless you are a Cubs fan. And yet, ordinary people, even those who have been most violated, are never left with a clear sense of how they’ve been touched or by whom. Wall Street, like a clever pervert, is often suspected but seldom understood and never convicted.
It is my hope that Adam McKay’s The Big Short might actually help change this situation. The very material I would have thought would frighten away a movie director McKay embraces. He lucidly explains credit-default swaps and collateralized debt obligations! He captures the essence of the behavior that led to the recent financial catastrophe, and of the main characters of my book—in ways that I suspect will haunt their real-life loved ones. The Big Short is just a movie, but it’s also an invitation, to a huge popular audience, to have a smart and interesting discussion about the place of money and finance in all our lives.
It is an invitation – to keep your wallet/purse open a touch longer so that you can be relieved of just a little bit more money, assuming that you have any to spare following the financial crisis. Are we all now having interesting discussions as Lewis imagines we are? Or is that metaphorical dick blocking our mouths?
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