The Big Short (2015)
★★★★ / ★★★★
Based on the non-fiction book by Michael Lewis, “The Big Short” offers a witty, funny, intelligent, consistently shocking, and educational experience about the global financial crisis in 2007-2008 and the persons, mostly hedge fund managers, who are able to see through the fog and bet against the housing market before the bubble burst. Although there are numerous fiscal terms and acronyms that might as well have been in hieroglyphics or alien language, the screenplay by Charles Randolph and Adam McKay ensures that the information can be digested by laymen.
Explanations are often done through humor using cameos. Particularly memorable is the appearance of Selena Gomez and Dr. Richard Thaler, an economist, as they explain the term “synthetic C.D.O.” (collateralized debt obligations) at a blackjack table in Las Vegas. Notice that as information is slowly broken down, the initially amusing scenario at the table quickly turns horrifying. The volatile energy of the film maintains the forward momentum of the material and so, despite the business talk, not once does it get stale or boring. On the contrary, by the end of the picture, I wanted to know more about how things worked in that realm.
Performances are top-notch all around. Christian Bale plays Dr. Michael Burry, a man who has an eye for details and numbers despite having one glass eye. He creates a character who is very intelligent and socially awkward but not one who is inaccessible. Accessibility is absolutely necessary because there are a handful of moments when we must feel the pressure he feels as his clients and co-workers begin to express their anger and frustrations on top of his own.
Ryan Gosling, who plays a trader named Jared Vennett, creates yet another charismatic, smooth talker—which is not all that different from some of his other roles. However, Gosling is so entertaining, full of verve, and so quick on his feet that we tend to overlook the familiar and look forward to how his character will respond to increasingly stressful situations.
But the best performance in the film belongs to Steve Carell, a hot-tempered hedge fund manager who begins to question the lack of morality in his line of work. Most memorable is his breakdown in a Las Vegas restaurant as he comes face-to-face with a businessman named Mr. Chau (Byron Mann) who is very proud of the fact that he is a cheat, to say the least. With every close-up employed, the tension is amplified to the point where it is almost unbearable to stay on that table. Mr. Chau is an excellent symbol of capitalist greed and it is the correct decision have him in one scene only.
“The Big Short” takes an insular topic and makes it relatively easy to understand using simple language and analogies. Equally important, it is able to summon the anger from the viewers so that we are more mindful of not only the next potential housing bubble on the horizon but also where we put our money and where we sign our names.