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The Big Short (2015)

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In 2006-7 a group of investors bet against the US mortgage market. In their research they discover how flawed and corrupt the market is.

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Won 1 Oscar. Another 37 wins & 79 nominations. See more awards »

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Cast

Cast overview, first billed only:
...
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Lewis Ranieri
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Fund Manager
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Lewis Bond Trader
Harold Gervais ...
Lewis Bond Trader
Maria Frangos ...
Exotic Dancer
...
...
Analyst
Bernard Hocke ...
Coach
...
Michael Burry's Mom
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Michael Burry's Dad
...
Young Michael Burry
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Paul Baum
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Therapy Businessman
Silas Cooper ...
Therapy Businessman
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Storyline

Three separate but parallel stories of the U.S mortgage housing crisis of 2005 are told. Michael Burry, an eccentric ex-physician turned one-eyed Scion Capital hedge fund manager, has traded traditional office attire for shorts, bare feet and a Supercuts haircut. He believes that the US housing market is built on a bubble that will burst within the next few years. Autonomy within the company allows Burry to do largely as he pleases, so Burry proceeds to bet against the housing market with the banks, who are more than happy to accept his proposal for something that has never happened in American history. The banks believe that Burry is a crackpot and therefore are confident in that they will win the deal. Jared Vennett with Deutschebank gets wind of what Burry is doing and, as an investor believes he too can cash in on Burry's beliefs. An errant telephone call to FrontPoint Partners gets this information into the hands of Mark Baum, an idealist who is fed up with the corruption in the ... Written by Huggo

Plot Summary | Plot Synopsis

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This is a true story


Motion Picture Rating (MPAA)

Rated R for pervasive language and some sexuality/nudity | See all certifications »

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Details

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Release Date:

23 December 2015 (USA)  »

Also Known As:

The Big Short: Inside the Doomsday Machine  »

Filming Locations:

 »

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Box Office

Budget:

$28,000,000 (estimated)

Opening Weekend USA:

$705,527, 13 December 2015, Limited Release

Gross USA:

$70,259,870

Cumulative Worldwide Gross:

$133,346,506
See more on IMDbPro »

Company Credits

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Technical Specs

Runtime:

Sound Mix:

|

Color:

Aspect Ratio:

2.35 : 1
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Did You Know?

Trivia

Steve Eiseman, the inspiration for the character Mark Baum, met CDO specialist Wing Chau at Okada, a Japanese restaurant at the Wynn Las Vegas. Okada had closed by the time this movie was shot, so Harrah's casino in New Orleans was used. See more »

Goofs

When Burry goes through the spreadsheet of American mortgages, a montage of properties flashes past. An image at 11:46 shows British semi-detached houses. The blue Volkswagen Passat outside of one house has a British number plate. See more »

Quotes

Michael Burry: It's only a matter of time before someone else sees this investment. We have to act now.
Lawrence Fields: And how do you know these bonds are built on subprime crap? Aren't they filled with hundreds of pages of mortgages?
Michael Burry: I read them.
Lawrence Fields: You read them? No one reads them. Only the lawyers who put them together read them.
Michael Burry: I don't think they even know what they made. The whole housing market is propped up on these bad loans. It's a time bomb, and I want to short it.
Lawrence Fields: Through what instrument, Michael? There are no ...
[...]
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Connections

Featured in Half in the Bag: The 2016 Oscars (2016) See more »

Soundtracks

Feel'n Free
Written and Performed by Sukia
Dust Brothers Music, Inc.
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Frequently Asked Questions

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User Reviews

 
Four "outsider" Wall Street entities capitalize on an impending financial collapse of the US financial system.

Reviewed by Larry Gleeson. Viewed during the AFI Filmfest 2015.

"The Big Short," directed by Adam McKay, based on the book by Michael Lewis, was adapted by McKay and Charles Randolph and made its world premiere Thursday, November 12, 2015 at the historic TCL Grauman's Chinese Theater as the closing night film for the latest edition of the American Film Institute's AFI FEST film festival.

The film's narrative is driven by four cynical, fringe Wall Street entities disgusted with the large banking institutions' overriding greed for profits. They make the decision to capitalize on the ensuing housing market calamity and the financial meltdown of 2008 upon discovering the market frenzy is being driven by worthless collateral debt obligations.

McKay chooses to inject a significant dose of humor in the early scenes to condition the audience receptors for what they are about to experience. Utilizing the Martin Scorsese docudrama style in a similar setting with "Wolf of Wall Street," a strong narrative voice dominates particular moments. Several of these deliberately break the 'Fourth Wall" in the style of "Wolfie," Jordan Belfort, as the characters, including a hilarious cameo by Selena Gomez, speak directly into the camera to explain the complexities of Wall Street finance. The overall effect adds additional humor and adds another layer in creating a sense of authenticity and truth about the film's subject matter.

After a rather lengthy dizzying, yet delightful, character introduction, the film picks up pace as the drama begins to unfold. Dr. Michael Burry, an eccentric financial analyst, with complete autonomy of an investment fund, uncovers variables in his economic forecast indicating a massive housing market collapse. He informs his higher up, Lawrence Fields, played convincingly by Tracy Letts, of his discovery and creates a financial prospectus. In essence, he creates a commodity of selling short on bundled mortgages.

The bankers laugh as they willingly sell Burry all the "insurance" he wants. Word quickly spreads of Burry's perceived madness in a after-work cocktail scene. With interest piqued upon overhearing the Wall Street gossip of the day, Jarred Bennett, portrayed by Ryan Gosling, scoops up the essence of Burry's move. Soon, he sells a group led by Steve Carell's all-too-human, Mark Baum to buy in.

As the debacle is in full free-fall, Baum struggles with disbelief as he and his group have bet against their own umbrella entity, Morgan Stanley. The final team that has uncovered the impending financial crisis, made up of two Wall Street neophytes and veteran Ben Rickert, played by one of the film's producers, Brad Pitt, also struggles with the imploding financial system caused by corporate greed and indifference.

With a mammoth cast, McKay draws on a plethora of talent in the likes of Hollywood A-listers including Brad Pitt, Ryan Gosling, Selena Gomez, Christian Bale, Karen Gillan Steve Carell, Marisa Tomei, Melissa Leo and Finn Wittrock. McKay and Randolph create characters with witty dialogue coupled with complementary cinematography provided by Barry Ackroyd. The soundtrack carries a similar tone of "Wolf of Wall Street," with a compilation of classic rock anthems. Nicholas Britell widely recognized for his work on Steve McQueen's "12 Years a Slave," where Britell composed on set the on-screen violin performances, work songs, dances and spiritual songs rarely misses a beat this time out. Much like another AFI FEST 2015 film, "The Clan," Argentina's official entry to the Academy of Motion Pictures Arts and Sciences Best Foreign Language Category for Oscar, "The Big Short," musical score is often in juxtaposition to the the narrative and mies-en-scene adding a deeper visceral quality to the viewing experience.

In its most basic essence, "The Big Short," builds on the visceral truth of Scorsese's "Wolf of Wall Street." It depicts a not-so-long-ago present where a noble ideal, making home ownership a reality for Americans, is bastardized by the indifferent market forces of capitalism. Probably not what Adam Smith had in mind when he penned his treatise, "The Wealth of Nations." Warmly Recommended.


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