İnstitute of Graduate Studies - lisansustu@gelisim.edu.tr
For your satisfaction and complaints   İGÜMER
 İnstitute of Graduate Studies - lisansustu@gelisim.edu.tr

Economics And Finance (Master) (Thesis)








 Movie Recommendation: The Big Short




The Big Short is an Oscar-winning movie adapted from Michael Lewis’s best-selling book of the same name: The Big Short:Inside the Doomsday Machine. The movie, directed by Adam McKay, focuses on the lives of several American financial professionals whose paths cross due to a morally problematic crusade - betting against America’s housing market-eventually leading up to predicting and handsomely profiting from the subsequent collapse of the gigantic housing bubble in 2008, which sadly left millions across the globe in a state of homelessness and joblessness.

The movie kicks off with a narrator’s (Ryan Gosling) humorous and atypical description of how America’s big, old and boring banking was transformed into its superstar industry with one complicated financial engineering trick by a man named Lewis Ranieri who, back then, was working for Solomon Brothers as a bond trader. Then, being a character-centered piece, the movie goes on to introduce us to the main characters around whom the events occurred and their conflicting feelings and personalities. First comes Mike Burry (Christian Bale) who is a hedge fund manager with an unshakable belief that the whole housing market sits atop of a giant bubble that will eventually burst even though the rest of America doesn't quite thinks so. He is laughed at and is scorned for his opinions. Well, “........It’s what you know for sure
that just ain't so”, sounds familiar? Then comes Mike Baum (Steve Carrell), a hedge fund manager with a team that mirrors his total distrust of America’s banking system. Our narrator, Jared Vennett (Ryan Gosling), also keeps his promise and formally introduces himself in a bar scene that will eventually let the events leading up to the collapse of America’s housing market start to unfold.

R.A.Hakan KURT