The Issue Of Corporate Greed

1287 Words6 Pages
In exploring the issue of corporate greed, especially on Wall Street, we can decide if an issue is overblown by asking one question, “Can a life-ruining, economy-changing financial crisis be skewed for dramatic effect?” The Big Short tells the story of the financial crisis of 2008 and tackles the issue of corporate greed in the form of the true stories of a few men who saw the crisis coming. The issue is not overblown at all. This can be observed by simply looking to the devastation and chaos caused by banks trying to make money by preying on the poor and un-informed in the years following 2008. Most of us are old enough to remember the mind-numbingly large number of people that were affected in several ways when the housing market crashed. Unfortunately, many are also old enough to have been directly affected by the choices big banks made for decades. Because there was such a large event directly caused by the issue of corporate greed, there are plenty examples in daily life to suggest that The Big Short does not skew the issue for dramatic effect. Almost all economists have weighed in on the economic failure in journals discussing topics such as corporate greed and the aftermath of the collapse. In terms of severity, the financial collapse of 2008 is second only to the Great Depression in American history. This fact alone is enough to prove that The Big Short did not skew the issue for dramatic effect. But looking deeper into the situation, we can see that
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