Hacker News Reader

Comment by ananthrk | Hacker News Reader

Can you provide some more context on this?

Watch the movie "the big short". It's really good. This is from one of the scenes where too guys try to get a license. Although the manage a few million dollars, in order to get the license they should have even more. Or as it turns out the right connections.

the book is even better.

Yep, plus that. Although I had to buy the Dutch (My native language) version too (first bought the English version). The subjects are pretty difficult so reading about them in my native language worked better for me.

Both are good. The flick is quite faithful to the book, especially in tone.

Michael Lewis, author of the Big Short, also wrote Liar's Poker about his experience at Solomon Brothers in the mid-eighties where things like mortgage backed securities were invented. It's captivating.

It's the best scene in the movie. https://www.youtube.com/watch?v=Qo1OSqBQYmk

Reading the comments, I'm struck by how I read this scene totally differently to most of them. I see an overworked, annoyed young analyst sent to deal with two rich kids (starting a hedge fund with money they made 'taking boats down the river', then skipping the ISDA requirements by calling their neighbour) who are wasting everyone's time by not even doing the absolute minimum research -- it was 2006, just Google ISDA and you find out the requirements.

Also a security guard kicking out two men in suits from a lobby is just weirdly unrealistic.

To test this out, I googled ISDA capital requirements and sure enough it doesn't mention the capital requirements in any of the links I found (ymmv).

I think the issue is that they're bespoke transactions so the credit support required may change depending on the context.

Its a great scene, but this one takes the cake: https://www.youtube.com/watch?v=xbiDrzTd8fE

"That's a nice shirt, do they make it for men?"

"Somehow you're like Dora the Explorer and you're the first person who has found this thing..."

It's a great scene, but this one takes the cake: https://m.youtube.com/watch?v=DQ5VfKSYvSk

"There’s some shady stuff going down. God, this is intimate. I feel like I’m financially inside of you or something."

"I'm jacked. Jacked to tits!"

Literally laughed out loud, thanks for the smile on a tough afternoon.

It's a quote from "The Big Short".

I could watch The Big Short and Moneyball all day every day.

I swear we must be the same person!

Don't forget the best line in the movie, usable anytime there is a bit of malfeasance afoot:

"Holy shit, that’s just fucking crazy. That’s fraud!"

I find myself quoting this a hell of a lot in the last few years.

https://www.imdb.com/title/tt1596363/

Quote from the movie Margin Call.

Also a good movie, but wrong. The Big Short is correct.

You're thinking of: "Please, speak as you might to a young child or a Golden Retriever. It wasn't brains that got me here, I can assure you that."

Jeremy Irons is a god in Margin Call, such a good performance.

Reply on news.ycombinator.com