December 31, 2015

The Big Snort

(Steven Hayward) Scott rightly scores The Big Short for its, um, shortcomings. John Goodman lays out ten lessons that ought to be understood about the whole story, including these two key lessons completely omitted from the film: Lesson 5: It is also a movie about a massive failure of government. As the movie makes clear, government regulators had no interest prosecuting fraud, even when the protagonists put the evidence right in front

Source: Power Line