Submitted by CrackCody t3_10p5ozv in wallstreetbets
cl0wn_w0rld t1_j6kq1a7 wrote
Was this movie based on any real company during the financial crisis? Did any bank really see it last minute and dump all their shit? i know people were buying CDS, but i dont recall hearing about anyone triggering the MBS meltdown by unwinding their position in 1 day.
Ambiguousdude t1_j6ksjr0 wrote
Is this a serious question?
cl0wn_w0rld t1_j6kv67j wrote
yes.
cheesenuggets2003 t1_j6ld8h2 wrote
cl0wn_w0rld t1_j6nhzbp wrote
thanks, i thought it was based on Lehman Brothers but there were some things in the movie that didnt match up, for one being the fact the company is implied to survive in the movie by being "first". Since Lehman didnt survive and was a major bag holder, it didnt match up.
However Fuld/Tuld seems pretty straightforward lol.
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