What are your take aways from "The Big Short"

[Scott Raley]

This was a very creative,  insightful and tragic movie. I'm interested to learn from those who have seen it, what impact this movie had on them. 

For myself it is the fact that only one trader was convicted and went to jail out of the thousands of Jr. and Senior executives at the banks and securities firms who caused this calamity. Make no mistake, Wall Street set the  underwriting guidelines for  the lenders to  follow. Our Department of Justice,  under the leadership of Special Prosecutor Lenny Breuer  and FBI, failed to bring to justice these greedy, self serving people. 

AND  guess   where Lenny Breuer now works? He's back in private practive representing the very same companies he could have prosecuted with a nice 4 million a year salary. That's the way it works now in Washington. The fats cats are on a free ride...............so be prepared for their greed to cause more havok one day when we least expect it.