cinema, thurs 28th july – the big short
This film is a blackly uproarious satire on the 2008 financial crisis and brings us shoulder to shoulder with a group of individuals who spotted the worsening fault lines in the bedrock of the US economy three years early, and reacted by betting against it and crossing their fingers for disaster.
Wall Street guru Michael Burry realizes that a number of subprime home loans are in danger of defaulting. Burry bets against the housing market by throwing more than $1 billion of his investors’ money into credit default swaps. His actions attract the attention of banker Jared Vennett (Ryan Gosling), hedge-fund specialist Mark Baum (Steve Carell) and other greedy opportunists. Together, these men make a fortune by taking full advantage of the impending economic collapse in America.
Join us from 8pm. Free entry.