4.5 stars. Rated R, for profanity and nudity
By Derrick Bang • Originally published in The Davis Enterprise, 12.23.15
This is the mostly audaciously
entertaining economics course you’ll ever take.
The Big Short isn’t merely a ferociously
impudent adaptation of financial journalist Michael Lewis’ nonfiction 2010 book
of the same title. Under the careful guidance of writer/director Adam McKay and
co-scripter Charles Randolph, it’s a blistering primer that explains —
precisely and unflinchingly — why the country fell off a cliff in 2007.
At the same time, it’s a raucous
and yet tightly controlled showcase for a gaggle of unlikely antiheroes, played
with whole-immersion glee by a top-flight cast of scene-stealers. McKay employs
every trick in the filmmaking book, from Robert Altman-style overlapping dialog
to characters who routinely emphasize a point by breaking the fourth wall and
addressing us directly.
It sounds like total chaos, and
in lesser hands that likely would have been the case. But McKay & Co.
deliver the equivalent of the best, most savagely satirical Saturday Night
Live sketch ever made ... and they keep it going for a full 130 minutes. True,
the result sometimes feels like a series of self-contained scenes, but they’re
strung together to build a cohesive narrative that is breathtaking, suspenseful
and wildly entertaining.
And, ultimately, infuriating and
unbelievable. Because it’s absolutely true.
Think we all got screwed by the
2007 housing bubble collapse? You have no idea how badly, or the degree to
which the fat-cat, blithely indifferent — and, in many cases, reprehensibly
ignorant — Wall Street and banking oligarchy danced on the ashes of your
investments, retirement accounts and foreclosed homes.
McKay’s film reveals all, in
torturous — and yet excruciatingly funny — detail, via the activities of a
quintet of outliers and weirdoes, real people all, who smelled a rat early on
and...
... wait for it ...
... still waiting? ...
... took a financial position against
the supposedly rock-solid American housing industry.
Everybody else thought these guys
were lunatics. Huge Wall Street corporations cheerfully took their wildcat
investments, believing them the equivalent of going “all in” on the off-chance
that a single number would come up on a colossal roulette wheel with 100,000
slots.
Because — and here’s the thing —
most of the idiots pulling the country’s financial strings didn’t have the slightest idea what they were doing.
And the others were fully aware,
but did it anyway, because a) they knew they’d never get caught; and b) knew
that even if they did get caught, they’d undoubtedly be “punished” with a slap
on the wrist and a fat bonus.
History — history that goes back
only eight years — has proven them correct.