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Tasty Mystery Baskets of Clips
Dr Burry, these should be fine!
Take a guess!WI don't
Then this guy, walks into my office and says:
Brother, I would sell you as much as you want!
Up Up up!
How are you fucking us?
Cause if you're a banker you can fuck right off!
She wrote back...
God i pulled a muscle in my back from yelling
The market is in an itsybitsy little gully right now
The fact is
Have a good one guys! -Thank you Chris!
Into a person,
and people thought they would never go down!
Fuck you!
and even fucking Morkovia blew us off! - I know man!
No-one is paying attention.
then the bond department at the bank was straight up comatose.
Lol racist
Their strategy simple and brilliant.
You're praising the swaps, like the bond is gonna collapse
Later Baum started his own fund on Wall-street.
Wow! -So as you can see,
Right?
But hey, before you go... I'm just wondering...
Absolutely... Absolutely, we can!
Oooh, I'm under no obligation to share that information with you, whoever you might be.
You get the sundae!
Right?
What's ABX? -It tracks sub-prime mortgage bond value. -Go back to sleep!
They call me Bubble-boy.
And if they rise to eight percent... and they will!
it's housing... housing is always stable... low-risk.
Titans… No!
Two-hundred percent?
Chris
The bonuses on those skyrocketed a few years ago
I know you've been hearing rumblings about some losses Morgan has suffered.
Ratings agencies, the banks.... the fucking government?
It looks like someone just hit a piñata that was filled with white people who suck at golf
You're like D- D- Dora the Explorering, you're the first person who has found this...
I am sad every day about what happened.
So yes I stand by my SVB optimism!
Es una oportunidad
Let's Not Talk about my margins by the way
They're brilliant! Worthless, total crap!
He wanted to short housing bonds? - Hmmm
what's Brad Pit's next line?
We're prepared to sell you 5 million in credit default swaps on these mortgage bonds.
Trust
Holy shit!
That is fucking crazy!
Well?
Momentum trader, short seller I like to make money...alright
Institutions treat these CDO's like they're as solid as treasury bonds.
30 days late...
Will you listen to me!
Every crappy levels of the bond i don't sell... i throw into a seafood stew.
̷F̷A̷S̷H̷I̷O̷N̷ HUMAN RIGHTS
It's not so enjoyable
It really makes me hate you!
Shaun talking to his team this morning
HUMAN RIGHTS
You think I'm a parasite don't you mister Baum?
It's only a matter of time before someone else sees this investment, we have to act now.
You have a great day!
We need to gonna have to break up the banks
OK
Mark Baum
These people just want homes, and they go with the flow.
I can't hate him. He is so transparent in his self-interest that I kind of respect him.
I don't think they even know what they've made
OK?
Now this, is the first synthetic CDO
That's cool, that's alright with me!
<whispers> the market on housing is never gonna crash
And I read about it, in Grand Central's trade observer.
...saw it by doing something you suckers never thought to do : I looked.
You're selling ratings for fee's
Whatever you say Mark
for you just to leave them the fuck alone.
This isn't how I pictured it
Would you still buy more?
Do you represent the investors or Meryll-Lynch?
They will begin to fail
I'm Jacked!
They have a Nobu now
Letting them know that the.. the....
It took me years to build my relationships on Wall-street
That way you'll only put down like five percent
You're David!... David.... Great!
What did you just say? That is fucking crazy!
Look, i don't think you mean to do this, but eh..
Well, yeah he is over 90 days delinquent
I don't know why, maybe it just came out,
But......
When it’s 3-0 Houston And Frank isn’t concerned
Just let him is what i think
-You want to bet against the housing market? Yes
Well Brownfield has it own... money...
We all know about bonds....
Ofcourse i'd buy more, why not?
I'm not gonna burn my reputation on your wild hunch
I didn't realize that there was anything to manage with CDO's
We have no confidence in your ability to identify macro-economic trends.
IT'S JUST A GULLY NOTHING TO WORRY ABOUT
Dogshit wrapped in catshit
don't do that! Stop, Stop!
No-one trusts you!
They chose it because it seems authoritative...or familiar!
I'll buy twenty million! -Oh come on, live a little!
Maybe later.
-We do, eh... different projects we do gardening, we do
This is Wall-street Dr. Burry, if you offer us free money, we're going to take it
I NEVER HUNG OUT WITH THESE IDIOTS I HAD HUMAN RIGHTS FRIENDS
Randall? Bullshit!
big banks suck it
How much money could be out there betting on it
I read them!
Singing a different tune now, aren't they?
Mister Baum, I am not, no!
Listen, I've been reviewing your position
I don't know how to ... work people..
The housing-crisis represents the greatest financial opportunity
I don't think i can do this anymore..
-I don't talk about that!
that these mortgages bonds
Seeds are gonna be the new currency!
Yeah, I just had to wire Bear and Deutsche seventy thousand dollars
Forty million against the Double-A
-huh, What?
Did you know... They're going up!
CDO A, has parts of CDO B
but sub-rime bonds, which are made up of sub-prime loans, are more valuable?
NatGas
Education, religion
Yeah, but what about our clients, they've been trusting us with their savings.
If your appoint makes money for Mark and Sally I'm happy!
Then they go to another bank
That these mortgage backed securities
Yu Darvish…..Dogshit!
I get the cherry.
Good question!
Can we make it 90%?
Guys?- We hear ya, Yeah!
Jared Vennett, from Deutsche, sounded very sketchy. -Sounds like a douche-bag.
The largest bank in France froze it's customer's money-market accounts today
What Are You? Four?
I'm glad you still have a sense of humor! I wouldn't if I were you!
On all my loans?
O, motherfucker!
I may have been early, but I'm not wrong!
Thats my ARCH
Are you done?
̷F̷A̷S̷H̷I̷O̷N̷ HUMAN RIGHTS FRIENDS
I have a feeling, that in a few years, people are gonna do, what they always do when the economy tanks.
What exactly is the credit-rating on this bond?
Guys? -Yeah, we're here, can you hear us?
Listening!
Chris....
Yes you can answer that, because...
Exposing your pain is like bleeding near sharks
No, he's on vacation with his wife's family! They're in England!
Great!
Now Everybody wants tankers Tankers are now the most popular product on the street
A CDO of a CDO!
-No, i eh....
No Alex. No..... Sorry!
and they saw it by doing something the rest of the suckers never thought to do.
Let's not talk about my Servers by the way
Baum!
Opportunity
No obviously if you're buying B's you could make more money.
Good!
So get this....
Of course! We're doing 30 million right now.... eh...
The guy with all the good ideas.
It's the same thing! It's the same thing Mike!
It's a pretty ugly table guys