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To: Jack Hydrazine
I saw this movie before. It ends well. The hard hats in the 60's. Screw the dirt bags. People are trying to make a living in trying times.


8 posted on 12/09/2011 10:01:54 PM PST by Lazlo in PA (Now living in a newly minted Red State.)
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To: Lazlo in PA
Rush recommended it, and we watched it. Margin Call. Very good, in terms of explaining highly technical information in a non-technical way. It also, if one is paying close attention, points to ground zero in the economic meltdown - MORTGAGES, And MORTGAGE-BACKED-SECURITIES. Yes, this Lehman Brothers-like company had a 'formula' for structuring these securities in a manner they thought provided superior returns, with little risk. But as those sub-prime loans started leaking into the pile, well, we all know what happened.

Great movie. The only thing missing is Barney Frank and Chris Dodd.

9 posted on 12/09/2011 10:38:40 PM PST by CT
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