Sentences with phrase «betting against the bank»

Dr. Michael Burry (Christian Bale) was the first man to predict the housing market would collapse and instead of going to the public with the information, he instead bet against the banks.

Based on a critically acclaimed book by Michael Lewis, these mavericks use Wall Street's markets to bet against banks deemed too big to fail.

The first drama from long - time comedy director Adam McKay (Anchorman, Step Brothers) and based on a true story and the best - selling book by Michael Lewis (Moneyball, The Blind Side), The Big Short follows an all - star cast take a bet against the banks in the run up to the 2008 financial crisis.

But he was also ultra-sharp and was the first to notice things were heading the wrong way and bet against the banks.

No one believed him, he didn't care, so he bought stock, betting against the bank and housing market.

You are placing a bet against a bank that you'll remain solvent long enough to pay off the mortgage, and your home is the wager.

Not exact matches

Once the products were populated (funded) with their own customers» money, the banks bet against them!

One of the practices that led to the 2008 financial crisis was certain banks bundling risky debt, selling it to clients, then betting against those same investments.

These include currency - hedged ETFs, triple - levered ETFs based on commodities, unconstrained bond funds with short positions betting against U.S. Treasurys, private equity funds, emerging market debt instruments, historically less - liquid bank loan funds, and all manner of actively managed strategies packaged in supposedly easy to buy and sell wrappers.

China has gazillions of dollars in the bank, and just as in poker, betting against the richest man at the -LSB-...]

By being turned over to these banks to settle their bets against the government, the IMF loan proceeds financed capital flight.

Jim Rogers, whose Quantum Fund famously bet against the British Pound and brought the Bank of England to it's knees, said, «A $ 68 trillion «Biblical» collapse is poised to wipe out millions of Americans.»

As ProPublica detailed in 2010, Magnetar worked with investment banks to build CDOs that the hedge fund also bet against.

Swiss bank Vontobel said it will start trading Switzerland's first two mini futures to short bitcoin on Friday, giving investors a tool to bet against the value of the volatile cryptocurrency or to hedge bitcoin positions.

Despite the sportsbooks taking a big 1.5 points away from road dog Arkansas, nearly six out of ten spread bets are taking the points and banking on the # 3 Razorbacks keeping it relatively close against # 1 LSU.

The public fascination with Carson Palmer and the new - look Raiders continues, with nearly seven out of ten spread bets banking on Oakland to either win straight up or lose by two points or less against the 3 - 8 Dolphins.

Betting against your prognostications is money in the bank.

Tony Banks, Hague a «foetus» In one of the nastier put - downs of recent history, Labour MP Tony Banks in 1997 described Conservative leader William Hague as a «foetus», later remarking: «I bet a lot of them wish they hadn't voted against abortion now!»

Specifically, it charts the beginning of the credit default swap market, which basically bet against America's banks.

«The Big Short» follows three groups of people who foresaw the crisis to come and bet huge amounts of money against the banks, thus somewhat guiltily making fortunes for themselves as much of America found itself broke and homeless.

He goes to the big banks on Wall Street, which are more than happy to take his firm's money betting against a market that they are certain is infallible.

Apart from being treated as a safe bet, hedge against inflation and dollar, in the last few years it has been treated as the best investment option by central banks, billionaires, investors, portfolio managers and even by speculators.

He bet against the pound until the central bank gave up trying to protect its value.

While I am also very concerned of future inflation and interest hikes that would occur as a result of the free - flowing economic stimulus we're seeing around the world today, I believe that to bet on FRM is to bet against the collective wisdom of the teams of economists that work for the banks that try to predict future interest rates.

Some fail to adequately explain that banks can bet against the very notes they're selling or suspend new offerings or take other actions that can affect their value, according to the letter.

She is currently representing a group of clients against IG, a FTSE 250 spread betting company, in relation to IG's handling of their EUR / CHF trades on 15 January 2015 after the Swiss National Bank removed the «floor» exchange rate of 1.20 Swiss francs per Euro.

Deutsche Bank, which famously bet against residential mortgage bonds in the run - up to the crisis, recommended buying credit protection on the BBB - tranche last month.

The same is true of short bets against energy high - yield bonds in late 2015, the euro in late 2011 and Greek banks before that.