Quote:
Jared Vennett: [about credit default swaps] Let me put it this way: I'm standing in front of a burning house, and I'm offering you fire insurance on it.
This quote occurs at 00:32:51-00:32:57 in the video.
Quote URL
The Big Short
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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