🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 152 (from laksa183)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa152.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://en.wikipedia.org/wiki/The_Big_Short_(film)\')), getAhrefsUnparsedNoserviceFromURL(\'https://en.wikipedia.org/wiki/The_Big_Short_(film)\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_(film)","crawl_time":1776225974,"first_indexed_time":1434501047,"http_code":200,"src_unparsed":"org,wikipedia!en,\/wiki\/The_Big_Short_(film) s443","src_root_hash":"17790707453426894952","history_drop_reason":null,"meta_title":"The Big Short (film) - Wikipedia","meta_descriptions":[],"attrs_boilerpipe_text":"The Big Short\nTheatrical release poster\nDirected by\nAdam McKay\nScreenplay by\nCharles Randolph\nAdam McKay\nBased on\nThe Big Short\nby\nMichael Lewis\nProduced by\nBrad Pitt\nDede Gardner\nJeremy Kleiner\nArnon Milchan\nStarring\nChristian Bale\nSteve Carell\nRyan Gosling\nBrad Pitt\nCinematography\nBarry Ackroyd\nEdited by\nHank Corwin\nMusic by\nNicholas Britell\nProduction\ncompanies\nParamount Pictures\nRegency Enterprises\nPlan B Entertainment\nDistributed by\nParamount Pictures\nRelease dates\nNovember 12, 2015\n(\nAFI Fest\n)\nDecember 23, 2015\n(United States)\nRunning time\n130 minutes\n[\n1\n]\nCountry\nUnited States\nLanguage\nEnglish\nBudget\n$50 million\n[\n2\n]\nBox office\n$133.4 million\n[\n3\n]\nThe Big Short\nis a 2015 American\nbiographical\ncomedy drama\nfilm directed by\nAdam McKay\nfrom a screenplay by McKay and\nCharles Randolph\n. Based on\nthe 2010 book\nby\nMichael Lewis\n, it depicts how the\n2008 financial crisis\nwas triggered by the\nUnited States housing bubble\n.\n[\n4\n]\nThe film stars\nChristian Bale\n,\nSteve Carell\n,\nRyan Gosling\n, and\nBrad Pitt\n, with\nJohn Magaro\n,\nFinn Wittrock\n,\nHamish Linklater\n,\nRafe Spall\n,\nJeremy Strong\n, and\nMarisa Tomei\nin supporting roles.\nThe Big Short\nbegan a\nlimited release\nin the United States on December 11, 2015, followed by a\nwide release\non December 23 by\nParamount Pictures\n.\n[\n5\n]\n[\n6\n]\nA critical and commercial success, the film grossed $133 million on a $50 million budget and received acclaim for the performances of the cast (particularly those of Bale and Carell), McKay's direction, editing, and the screenplay. The film won the\nAcademy Award for Best Adapted Screenplay\nin addition to nominations for\nBest Picture\n,\nBest Director\n,\nBest Supporting Actor\n(Bale), and\nBest Film Editing\n.\nThe film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the\n2008 financial crisis\n.\nIn 2005, eccentric\nhedge fund\nmanager\nMichael Burry\ndiscovers that the United States\nhousing market\n, based on high-risk\nsubprime loans\n, is\nextremely unstable\n. Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from\nadjustable-rate mortgages\n, he proposes to create a\ncredit default swap\n(CDS) market for\nmortgage-backed securities\n(MBSs), allowing him to bet against, or\nshort\n, MBSs for profit.\nHis long-term bet, exceeding $1 billion, is accepted by major\ninvestment\nand\ncommercial banks\nsuch as\nGoldman Sachs\n, but requires paying substantial monthly\npremiums\n. This sparks his main client, Lawrence Fields, to accuse him of \"wasting\"\ncapital\nwhile many clients demand that he reverse and sell, but Burry refuses. Under pressure, he eventually restricts withdrawals, angering investors, and Fields sues Burry. Eventually, the\n2008 financial crisis\nbegan and his fund's value increases by 489% with an overall profit (even allowing for the massive premiums) of over $2.69 billion, with Fields alone receiving $489 million.\nFrontPoint Partners\n[\nedit\n]\nJared Vennett (based on\nGreg Lippmann\n),\n[\n7\n]\nthe executive in charge of global asset-backed securities trading at\nDeutsche Bank\n,\n[\n8\n]\nis one of the first bankers to understand Burry's analysis, learning from one of the bankers who sold Burry an early CDS. Using his\nquant\nto verify that Burry is most likely correct, he decides to enter the market and purchase CDSs himself. However, his large monthly premiums result in him looking to reduce the size of his position by selling CDSs. A misplaced phone call alerts\nFrontPoint Partners\nhedge fund manager Mark Baum (based on\nSteve Eisman\n), who is motivated to buy swaps from Vennett due to his low regard for banks' ethics and business models. Vennett explains that the packaging of subprime loans into\ncollateralized debt obligations\n(CDOs) rated\nAAA\nwill guarantee their eventual collapse.\nConducting a field investigation in South Florida, the FrontPoint team discovers that\nmortgage brokers\nare profiting by selling their mortgage deals to\nWall Street\nbanks, which pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy CDSs from Vennett.\nIn early 2007, as these loans begin to default, CDO prices somehow rise and ratings agencies refuse to downgrade the bond ratings. Baum discovers\nconflicts of interest\nand\ndishonesty amongst the credit rating agencies\nfrom an acquaintance at\nStandard & Poor's\n. Vennett invites the team to the American Securitization Forum in Las Vegas, where Baum learns from a CDO manager that the market for insuring mortgage bonds, including \"\nsynthetic CDOs\n\" which are bets in favor of the faulty mortgage bonds, is significantly larger than the market for the mortgage loans themselves, leading a horrified Baum to realize the entire world economy is set to collapse.\nAs the subprime bonds continue to fall, Baum learns that\nMorgan Stanley\n, under whose umbrella FrontPoint operates, had also\ntaken short positions against mortgage derivatives\n. However, in order to offset the risk and the monthly premiums, it had sold short positions in higher-rated mortgage derivatives. Now that these are also collapsing in value, Morgan Stanley is facing severe\nliquidity\nproblems. Despite pressure from his staff to sell their position before Morgan Stanley collapses, Baum refuses to sell until the economy is on the verge of collapsing, making over $1 billion in their CDSs. Even so, Baum laments that the banks, as well as the government, will not admit what caused the economy to collapse, but will instead blame \"immigrants and poor people.\"\nYoung investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Fund (based on the firm\nCornwall Capital\n). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of\nJPMorgan Chase\n(the characters address the audience stating that in reality they had heard about Vennett's plan through word-of-mouth from friends and publications), convincing them to invest in CDSs, as it fits their strategy of buying cheap insurance with big potential payouts. As they are far below the capital threshold for an\nInternational Swaps and Derivatives Association\n(ISDA)\nMaster Agreement\nrequired to enter into trades like Burry's and Baum's, they enlist the aid of Ben Rickert, Shipley's neighbor and a retired securities trader who was based in\nSingapore\n.\nWhen the bond values and CDOs rise despite defaults, Geller suspects the banks are committing fraud. The trio also visit the American Securitization Forum, where they learn that the\nSEC\nhas no regulations to monitor mortgage-backed security activity. They successfully make profit by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio.\nLater, as home mortgage defaults increase, the price of their CDSs does not rise nor does the price of the underlying mortgage bonds drop, and they realize the banks and the ratings agencies are secretly freezing the price of their CDOs in order to sell and short them before the inevitable crash. Outraged at the banks' cheating, Geller and Shipley try to tip off the press about the upcoming disaster and the rampant fraud, but a reporter from\nThe Wall Street Journal\nwhom they have known since college and regard as principled declines to report the story in the interest of preserving his relationships with Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their CDSs. Ultimately, they turn their $30 million investment into $80 million, but their faith in the system is broken when Ben tells them of the severe consequences for the general public.\nJared Vennett receives a bonus of $47 million for profits made on his CDSs. Mark Baum becomes more gracious from the financial fallout, and his staff continue to operate their fund. Charlie Geller and Jamie Shipley go their separate ways after unsuccessfully trying to sue the ratings agencies, with Jamie still running the fund and Charlie moving to\nCharlotte\nto start a family. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS\naudits\n, now investing only in water securities.\nThe personnel of the banks responsible for the crisis escape any consequences for their actions, with the single exception of one trader,\nKareem Serageldin\n. It is noted that as of 2015, banks are selling CDOs again under a new label: \"\nBespoke Tranche Opportunity\n\".\nChristian Bale\nas\nMichael Burry\n, one of the first people to discover the American housing market bubble. Burry operates his own hedge fund,\nScion Capital\n, and uses his liquidity to short the housing market.\nSteve Carell\nas Mark Baum, the leader of\nFrontPoint Partners\n, a small independent trading firm. Baum is in a state of constant disgust with the American banks. The character is based on\nSteve Eisman\n.\nRyan Gosling\nas Jared Vennett, a salesman from\nDeutsche Bank\nwho decides to sell Burry's credit default swaps for his own profit. The character of Vennett is based on\nGreg Lippmann\n.\nBrad Pitt\nas Ben Rickert, a retired former trader who helps Jamie and Charlie with their trades. The character is based on Ben Hockett.\nJohn Magaro\nas Charlie Geller, one half of Brownfield Fund (based on\nCornwall Capital\n), who discover Vennett's prospectus and also decide to short the housing market. The character is based on Charlie Ledley.\nFinn Wittrock\nas Jamie Shipley, Charlie's partner in Brownfield Fund. The character is based on James Mai.\nHamish Linklater\nas\nPorter Collins\nRafe Spall\nas Danny Moses\nJeremy Strong\nas Vinny Daniel\nMarisa Tomei\nas Cynthia Baum, Mark Baum's wife.\nTracy Letts\nas Lawrence Fields, an investor in Burry's hedge fund, a fictional composite of\nJoel Greenblatt\nand others who had invested with Burry but came to disagree with his strategy.\nAdepero Oduye\nas Kathy Tao, an employee of\nMorgan Stanley\n, who oversees Baum's fund.\nKaren Gillan\nas Evie, an employee of the\nSEC\nand Jamie's brother's ex-girlfriend, whom he meets with in Las Vegas.\nByron Mann\nas Wing Chau, a CDO manager whom Baum interviews in Las Vegas.\nMelissa Leo\nas Georgia Hale, an employee of\nStandard and Poor's\nbased on Ernestine Warner, who admits to giving inaccurate ratings for bonds.\nJae Suh Park\nas Burry's wife.\nMax Greenfield\nand\nBilly Magnussen\nas mortgage brokers taking advantage of people looking for homes.\nStanley Wong as Ted Jiang, a\nquantitative analyst\nworking for Jared Vennett. The character is based on real 'quant' Eugene Xu.\nSeveral celebrities appear as themselves throughout the film in interstitials to explain different financial aspects of the film:\nMargot Robbie\nappears to explain\nmortgage-backed securities\n,\nAnthony Bourdain\nto detail\ncollateralized debt obligations\n, and\nRichard Thaler\nand\nSelena Gomez\nto describe\ncredit default swaps\nand\nsynthetic CDOs\n. The real\nMichael Burry\nappears in a cameo as a worker at Scion Capital.\nIn 2013,\nParamount\nacquired the rights to the 2010 non-fiction book\nThe Big Short: Inside the Doomsday Machine\nby\nMichael Lewis\n, to develop it into a film, which\nBrad Pitt\n's\nPlan B Entertainment\nwould produce.\n[\n9\n]\nOn March 24, 2014,\nAdam McKay\nwas hired to write and direct a film about the housing and\neconomic bubble\n.\n[\n4\n]\nScreenwriter\nCharles Randolph\n, who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told\nCreative Screenwriting\n, \"In general it was trying to find the right tone that was slightly funnier than your average\nMiloš Forman\ncomedy, which is all grounded character-based but not so satirical where you got\nWag the Dog\n.\nSomewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market's movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that.\"\n[\n10\n]\nTwo years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts.\n[\n10\n]\nOn January 13, 2015,\nVariety\nreported that\nBrad Pitt\n,\nChristian Bale\n, and\nRyan Gosling\nwere set to star in the film, with Pitt producing the film along with\nDede Gardner\nand\nJeremy Kleiner\n.\nPlan B Entertainment\nwould produce, with Paramount handling the distribution rights.\n[\n11\n]\nBefore this, Pitt had already starred in the adaptation of the author's\nMoneyball\n, for which he was nominated for an Oscar.\n[\n4\n]\n[\n11\n]\nOn January 14, it was announced that\nSteve Carell\nwould also star.\n[\n7\n]\nOn April 21, 2015, more cast was revealed by\nDeadline\n, including\nMelissa Leo\n,\nMarisa Tomei\n,\nTracy Letts\n,\nHamish Linklater\n,\nJohn Magaro\n,\nByron Mann\n,\nRafe Spall\n,\nJeremy Strong\n, and\nFinn Wittrock\n.\n[\n12\n]\nMax Greenfield\njoined the ensemble cast of the film on April 23, 2015.\n[\n13\n]\nKaren Gillan\ntweeted about her involvement in the film on May 8, 2015.\n[\n14\n]\nJeffry Griffin, who plays Vennett's assistant Chris, was originally planned to appear only as an\nextra\nand was cast to a speaking role after a production assistant picked him out of a crowd.\n[\n15\n]\n[\n16\n]\nPrincipal photography\non the film began on March 18, 2015, in\nNew Orleans\n,\nLouisiana\n.\n[\n17\n]\n[\n18\n]\nOn March 25, filming was taking place on General de Gaulle Boulevard in the\nAlgiers\nsection of New Orleans.\n[\n19\n]\nOn May 8, Gillan confirmed she was shooting her scenes.\n[\n14\n]\nOn May 20, 2015, filming took place on a short stretch of Mercer Street, between\nPrince Street\nand\nSpring Street\n, in\nManhattan\n,\nNew York City\n.\n[\n20\n]\nOn May 22, the production crew recreated the offices of failed investment firm\nLehman Brothers\nin the lobby of the\nNew York State Department of Financial Services\nin Manhattan.\n[\n21\n]\nAn assistant counsel for the Department of Financial Services played one of the extras in the scene.\n[\n21\n]\nOn September 22, 2015, Paramount set the film for a\nlimited release\non December 11, 2015, and a\nwide release\non December 23, 2015.\n[\n22\n]\nThe film was rated R by the Motion Picture Association (MPA, formerly MPAA) for pervasive language and some sexuality\/nudity. The film was released on\nDVD\nand\nBlu-ray\non March 15, 2016.\n[\n23\n]\nThe Big Short\ngrossed $70.3 million in the United States and Canada and $63.2 million in other countries for a worldwide total of $133.4 million, against a production budget of $50 million.\n[\n3\n]\nThe film was released in eight theaters in\nLos Angeles\n,\nNew York\n,\nSan Francisco\nand\nChicago\non December 11, 2015, and earned $705,527 (an average of $88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by\nMemoirs of a Geisha\n($85,313 per theater),\n[\n24\n]\nand was the third biggest theater average of 2015 behind the four screen debuts of\nSteve Jobs\n($130,000) and\nThe Revenant\n($118,640).\n[\n25\n]\nThe film had its wide release on December 23, 2015, and grossed $2.3 million on its first day. In its opening weekend it grossed $10.5 million, finishing 6th at the box office.\n[\n26\n]\nChristian Bale\nreceived widespread acclaim, earning an\nAcademy Award for Best Supporting Actor\nnomination\nOn\nreview aggregator\nwebsite\nRotten Tomatoes\n,\nThe Big Short\nhas an approval rating of 89% based on 331 reviews, with an\naverage rating\nof 7.80\/10. The site's critical consensus reads, \"\nThe Big Short\napproaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain.\"\n[\n27\n]\nOn\nMetacritic\n, the film has a score of 81 out of 100 based on 45 reviews, indicating \"universal acclaim\".\n[\n28\n]\nAudiences polled by\nCinemaScore\ngave the film an average grade of \"A−\" on an A+ to F scale.\n[\n26\n]\nIGN\ngave the film a score of 8.6\/10, praising its \"energetic direction\" and making \"a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it\".\n[\n29\n]\nThe New York Times\n'\n\"UpShot\" series stated\nThe Big Short\noffered the \"strongest film explanation of the global financial crisis\". The series also stated that it \"wouldn't necessarily have been able to cash in as successfully as the characters in\nThe Big Short\n. The success of this film is due to the work of the actors who played the characters.”\n[\n30\n]\nIn 2021, members of\nWriters Guild of America West\n(WGAW) and\nWriters Guild of America, East\n(WGAE) voted its screenplay 55th in WGA’s 101 Greatest Screenplays of the 21st Century (So Far).\n[\n31\n]\n[\n32\n]\nIn 2025, it was one of the films voted for the \"Readers' Choice\" edition of\nThe New York Times\n'\nlist of \"The 100 Best Movies of the 21st Century,\" finishing at number 133.\n[\n33\n]\nHistorical accuracy\n[\nedit\n]\nDavid McCandless\n's visual blog\nInformation is Beautiful\ndeduced that, while taking creative license into account, the film was 91.4% accurate when compared to real-life events, calling it a \"shockingly truthful film\" with \"very little dramatization or fakery.\"\n[\n34\n]\nMovie critics with backgrounds in finance also commented on the film. Many agreed with the public that\nThe Big Short\nwas entertaining and engaging, but also terrifying.\nGlenn Kenny\nreported that the film accurately got the message across that even though the lives of the characters were not interconnected, their stories were.\n[\n35\n]\nWhile the general plot of the film is the same as the book, many of the character names have been changed. For example,\nSteve Eisman\nhas become \"Mark Baum\" and\nGreg Lippmann\nhas become \"Jared Vennett\". Some biographical information has also been slightly modified.\n[\n36\n]\nEisman has said that he respects Carell's portrayal but that it was not 100 percent true to his real character. Speaking to\nThe Globe and Mail\n, Eisman said, \"Eliminate my sense of humor and make me angry all the time, and that's [Carell's] portrayal. It's accurate enough, but it's not really me.\"\n[\n37\n]\n. However, in September 2025, Eisman recalled that after reading the transcript of his interview with the\nFinancial Crisis Inquiry Commission\nfrom 2010, he reassessed Carell's portrayal: \"I read my whole transcript, my entire interview... You know, Steve Carell was right. I was that angry. I was so angry at what Wall Street had done.\"\n[\n38\n]\nThe film, along with\nThe Wolf of Wall Street\n, had a brief resurgence in the wake of the January 2021\nGameStop short squeeze\nas the events shown in the films provided reference points for what was happening with the GameStop and related stocks.\n[\n39\n]\nAdam McKay\nand\nCharles Randolph\nwon the\nAcademy Award\n,\n[\n40\n]\nBAFTA Award\n,\n[\n41\n]\nCritics' Choice Movie Award\n,\n[\n42\n]\nand\nWriters Guild of America Award\n[\n43\n]\n, all for Best Adapted Screenplay. They also won an\nEmpire Award\nfor Best Screenplay.\n[\n44\n]\nChristian Bale\nwon the\nCritics' Choice Movie Award for Best Actor in a Comedy\n[\n45\n]\nand the\nSatellite Award for Best Supporting Actor - Motion Picture\n.\n[\n46\n]\nHank Corwin\nwon the\nAmerican Cinema Editors Award for Best Edited Feature Film (Comedy or Musical)\n[\n47\n]\nand\nLos Angeles Film Critics Association Award\nfor Best Editing.\n[\n48\n]\nThe film won the\nCritics' Choice Movie Award for Best Comedy\n[\n45\n]\nand was named one of the Top 10 Films of the Year at the\nAmerican Film Institute Awards 2015\n.\n[\n49\n]\nDede Gardner\n,\nJeremy Kleiner\n, and\nBrad Pitt\nwon the\nProducers Guild of America Award for Best Theatrical Motion Picture\n.\n[\n50\n]\nThe cast also won the\nNational Board of Review Award for Best Ensemble\n.\n[\n51\n]\nBankruptcy of Lehman Brothers\nThe Last Days of Lehman Brothers\nGreat Recession\nInside Job\n(2010 film)\nMargin Call\n(2011 film)\nToo Big to Fail\n(film)\n^\n\"\nThe Big Short\n(15)\"\n.\nBritish Board of Film Classification\n. November 9, 2015. Archived from\nthe original\non November 16, 2015\n. Retrieved\nNovember 9,\n2015\n.\n^\nFilmL.A. (June 15, 2016).\n\"2015 Feature Film Study\"\n. Retrieved\nJune 29,\n2017\n.\n{{\ncite web\n}}\n:  CS1 maint: deprecated archival service (\nlink\n)\n^\na\nb\n\"The Big Short (2015) - Box Office Mojo\"\n.\nBox Office Mojo\n.\nArchived\nfrom the original on January 30, 2016\n. Retrieved\nMay 22,\n2017\n.\n^\na\nb\nc\n\"Paramount Taps 'Anchorman' Helmer Adam McKay To Adapt And Direct Michael Lewis' 'The Big Short' About Economic Meltdown\"\n.\nDeadline Hollywood\n. March 24, 2014.\nArchived\nfrom the original on April 19, 2015\n. Retrieved\nApril 18,\n2015\n.\n^\n\"Paramount pushes 'The Big Short' into awards season\"\n.\nChicago Tribune\n. Associated Press. September 25, 2015.\nArchived\nfrom the original on June 14, 2020\n. Retrieved\nApril 17,\n2020\n.\n^\n\"The Big Short | Trailer & Movie Site | December 2015\"\n.\nThe Big Short\n.\nArchived\nfrom the original on December 30, 2015\n. Retrieved\nDecember 26,\n2015\n.\n^\na\nb\nKit, Borys (January 14, 2015).\n\"Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short'\n\"\n.\nThe Hollywood Reporter\n.\nArchived\nfrom the original on January 22, 2015\n. Retrieved\nJanuary 15,\n2015\n.\n^\n\"Lippmann, Deutsche Trader, Steps Down, NYTimes Dealbook 21 April 2010\"\n. April 21, 2010.\nArchived\nfrom the original on June 24, 2018\n. Retrieved\nNovember 23,\n2018\n.\n^\nMcNary, Dave (March 24, 2014).\n\"\n'Anchorman's' Adam McKay Boards Financial Drama\"\n.\nVariety\n.\nArchived\nfrom the original on July 4, 2017\n. Retrieved\nApril 18,\n2015\n.\n^\na\nb\nHogan, Brianne (January 20, 2016).\n\"Banking on The Big Short\"\n.\nCreative Screenwriting\n.\nArchived\nfrom the original on May 8, 2016\n. Retrieved\nJanuary 21,\n2016\n.\n^\na\nb\nKroll, Justin (January 13, 2015).\n\"Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama 'The Big Short' (EXCLUSIVE)\"\n.\nVariety\n.\nArchived\nfrom the original on January 14, 2015\n. Retrieved\nJanuary 14,\n2015\n.\n^\nFleming, Mike Jr. (April 21, 2015).\n\"\n'The Big Short' Solidifies With Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt\"\n.\nDeadline Hollywood\n.\nArchived\nfrom the original on June 18, 2015\n. Retrieved\nMay 21,\n2015\n.\n^\n\"Max Greenfield Joins Brad Pitt, Ryan Gosling in 'The Big Short' (EXCLUSIVE)\"\n.\nVariety\n. April 23, 2015.\nArchived\nfrom the original on April 25, 2015\n. Retrieved\nApril 23,\n2015\n.\n^\na\nb\n@karengillan (May 8, 2015).\n\"Just had an amazingly fun day shooting on The Big Short film!\"\n(\nTweet\n).\nArchived\nfrom the original on December 13, 2015\n. Retrieved\nMay 21,\n2015\n– via\nTwitter\n.\n^\nRiley, Jenelle (December 31, 2015).\n\"\n'Big Short' Actor Jeffry Griffin Went From Extra to Sharing Scenes With Ryan Gosling\"\n.\nVariety\n.\n^\nLindsay, Benjamin (January 4, 2016).\n\"How a 'Big Short' Extra Became Ryan Gosling's Right-Hand Man\"\n.\nBackstage.com\n. Retrieved\nJuly 21,\n2022\n.\n^\n\"Brad Pitt, Ryan Gosling, & Christian Bale are headed to Orleans for 'The Big Short'\n\"\n.\nonlocationvacations.com\n. February 10, 2015. Archived from\nthe original\non February 12, 2015\n. Retrieved\nFebruary 13,\n2015\n.\n^\n\"\n'The Big Short', starring Brad Pitt, Ryan Gosling, & Christian Bale, begins filming in New Orleans\"\n.\nonlocationvacations.com\n. March 23, 2015. Archived from\nthe original\non March 28, 2015\n. Retrieved\nMarch 29,\n2015\n.\n^\n\"\n'The Big Short', starring Brad Pitt Ryan Gosling & Christian Bale, filming in Algiers, LA today\"\n.\nonlocationvacations.com\n. March 25, 2015. Archived from\nthe original\non March 27, 2015\n. Retrieved\nMarch 29,\n2015\n.\n^\n\"\n'The Big Short', starring Brad Pitt and Ryan Gosling, is filming in NYC this week!\"\n.\nonlocationvacations.com\n. May 16, 2015. Archived from\nthe original\non May 22, 2015\n. Retrieved\nMay 22,\n2015\n.\n^\na\nb\nMatthews, Christopher M. (May 22, 2015).\n\"\n'Big Short' Recreates Lehman Bros. Offices in Regulator's Building\"\n.\nThe Wall Street Journal\n.\nArchived\nfrom the original on November 26, 2017\n. Retrieved\nMay 25,\n2015\n.\n^\n\"The Big Short Website\"\n.\nParamount Pictures\n. Archived from\nthe original\non December 30, 2015\n. Retrieved\nSeptember 28,\n2015\n.\n^\n\"The Big Short DVD Release Date March 15, 2016\"\n.\nDVDs Release Dates\n. Retrieved\nAugust 30,\n2022\n.\n^\nMcClintock, Pamela (December 13, 2015).\n\"Box Office: Ron Howard's 'Heart of the Sea' Capsizes With $11M U.S. Debut\"\n.\nThe Hollywood Reporter\n.\nArchived\nfrom the original on December 14, 2015\n. Retrieved\nDecember 13,\n2015\n.\n^\nMendelson, Scott (December 13, 2015).\n\"Box Office: 'In The Heart Of The Sea' Is A Whale Of A Fail, 'Big Short' Strikes It Rich\"\n.\nForbes\n.\nArchived\nfrom the original on December 14, 2015\n. Retrieved\nDecember 13,\n2015\n.\n^\na\nb\nD'Alessandro, Anthony; Busch, Anita (December 28, 2015).\n\"\n'Daddy', 'Joy' & 'Hateful Eight' Reap Fortune As 'Star Wars' Halo Effect Impacts B.O…Can 'Force Awakens' Hit $1 Billion In U.S.?\"\n.\nDeadline Hollywood\n.\nArchived\nfrom the original on June 13, 2018\n. Retrieved\nApril 17,\n2020\n.\n^\n\"The Big Short (2015)\"\n.\nRotten Tomatoes\n.\nFandango Media\n.\nArchived\nfrom the original on January 20, 2016\n. Retrieved\nSeptember 1,\n2022\n.\n^\n\"The Big Short Reviews\"\n.\nMetacritic\n.\nCBS Interactive\n.\nArchived\nfrom the original on January 9, 2016\n. Retrieved\nAugust 13,\n2019\n.\n^\n\"The Big Short Review – IGN\"\n.\nIGN\n. December 8, 2015.\nArchived\nfrom the original on June 14, 2020\n. Retrieved\nDecember 26,\n2015\n.\n^\nIrwin, Neil (December 23, 2015).\n\"What 'The Big Short' Gets Right, and Wrong, About the Housing Bubble\"\n.\nNew York Times\n.\nArchived\nfrom the original on December 25, 2015\n. Retrieved\nDecember 27,\n2015\n.\n^\n\"101 Greatest Screenplays of the 21st Century (*so far)\"\n.\nwww.wga.org\n. Retrieved\nDecember 25,\n2025\n.\n^\nPedersen, Erik (December 6, 2021).\n\"101 Greatest Screenplays Of The 21st Century: Horror Pic Tops Writers Guild's List\"\n.\nDeadline\n. Retrieved\nDecember 25,\n2025\n.\n^\n\"Readers Choose Their Top Movies of the 21st Century\"\n.\nThe New York Times\n. Retrieved\nJuly 2,\n2025\n.\n^\n\"Based on a True True Story? Scene-by-scene Breakdown of Hollywood Films\"\n. Information Is Beautiful.\nArchived\nfrom the original on November 18, 2020\n. Retrieved\nJuly 28,\n2019\n.\n^\nKenny, Glenn (December 20, 2015).\n\"The Big Short Movie Review & Film Summary (2015)\"\n.\nRogerEbert.com\n.\nArchived\nfrom the original on November 16, 2020\n. Retrieved\nDecember 21,\n2017\n.\n^\nSaporito, Jeff (February 24, 2016).\n\"Which characters in \"The Big Short\" are based on real people\"\n.\nScreenPrism\n.\nArchived\nfrom the original on April 12, 2020\n. Retrieved\nApril 18,\n2020\n.\n^\n\"Invest like a legend: Steve Eisman\"\n.\nThe Globe and Mail\n. January 29, 2016.\nArchived\nfrom the original on May 5, 2017\n. Retrieved\nDecember 21,\n2017\n.\n^\nhttps:\/\/www.youtube.com\/watch?v=O9tHSSlY6eg&t=2014s\n^\nWatercutter, Angela (January 29, 2021).\n\"GameStop Makes This a Good Time to Rewatch The Big Short\"\n.\nWired\n. Retrieved\nJanuary 29,\n2021\n.\n^\n\"Oscars 2016: Winners list in full\"\n.\nBBC News\n. February 28, 2016.\nArchived\nfrom the original on February 25, 2016\n. Retrieved\nJanuary 22,\n2018\n.\n^\n\"BAFTA Film Awards 2016: Winners\"\n.\nBBC News\n. February 14, 2016.\nArchived\nfrom the original on February 14, 2016\n. Retrieved\nJanuary 22,\n2018\n.\n^\nHipes, Patrick (January 18, 2016).\n\"Critics' Choice Awards: 'Spotlight' Wins Best Picture; 'Mr. Robot' Best Drama Series\"\n.\nDeadline\n. Retrieved\nMarch 2,\n2026\n.\n^\n\"Previous Nominees & Winners: 2016 Nominees & Winners\"\n.\nThe Writers Guild Awards\n. Archived from\nthe original\non March 28, 2016\n. Retrieved\nJanuary 22,\n2018\n.\n^\nNugent, John.\n\"Jameson Empire Awards 2016: Star Wars and Mad Max lead the nominations\"\n.\nEmpire\n.\nArchived\nfrom the original on April 25, 2016\n. Retrieved\nJanuary 22,\n2018\n.\n^\na\nb\nRosen, Christopher (January 17, 2016).\n\"Critics' Choice Awards 2016 winners: Spotlight, Mad Max, Leonardo DiCaprio, and more\"\n.\nEntertainment Weekly\n.\nArchived\nfrom the original on January 18, 2016\n. Retrieved\nJanuary 22,\n2018\n.\n^\n\"2015\"\n.\nSatellite Awards\n.\nArchived\nfrom the original on December 8, 2020\n. Retrieved\nJanuary 22,\n2018\n.\n^\nAdam Chitwood (January 4, 2016).\n\"\nMad Max: Fury Road\n,\nStar Wars\n,\nThe Big Short\nLand ACE Eddie Editing Nominations\"\n.\nCollider\n.\nArchived\nfrom the original on January 9, 2020\n. Retrieved\nJanuary 13,\n2015\n.\n^\n\"Spotlight wins top prize from the Los Angeles Film Critics Association\"\n.\nEntertainment Weekly\n. December 6, 2015.\nArchived\nfrom the original on December 7, 2015\n. Retrieved\nJanuary 22,\n2018\n.\n^\nHammond, Pete; Andreeva, Nellie (December 16, 2015).\n\"AFI Awards: Disney & Majors Dominate Film; Rookies Shine On TV Side\"\n.\nDeadline Hollywood\n.\nArchived\nfrom the original on April 25, 2020\n. Retrieved\nJanuary 22,\n2018\n.\n^\n\"Nominees Announced For Theatrical Motion Picture, Animated Motion Picture, And Long–Form TV\"\n.\nProducers Guild of America\n.\nArchived\nfrom the original on January 8, 2016\n. Retrieved\nJanuary 22,\n2018\n.\n^\nLewis, Hilary (December 1, 2015).\n\"\n'Mad Max: Fury Road' Named Best Film by National Board of Review\"\n.\nThe Hollywood Reporter\n.\nArchived\nfrom the original on December 3, 2015\n. Retrieved\nJanuary 22,\n2018\n.\nOfficial website\nat the\nWayback Machine\n(archived March 3, 2016)\nThe Big Short\nat\nIMDb\nThe Big Short\nat\nBox Office Mojo\nThe Big Short\nat\nRotten Tomatoes\nThe Big Short\nat\nMetacritic\n\"The Big Short\" at Second City Tzivi\nArchived\nSeptember 27, 2019, at the\nWayback Machine","attrs_markdown":"[Jump to content](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#bodyContent)\n\nMain menu\n\nMain menu\n\nmove to sidebar\n\nhide\n\nNavigation\n\n- [Main page](https:\/\/en.wikipedia.org\/wiki\/Main_Page \"Visit the main page [z]\")\n- [Contents](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Contents \"Guides to browsing Wikipedia\")\n- [Current events](https:\/\/en.wikipedia.org\/wiki\/Portal:Current_events \"Articles related to current events\")\n- [Random article](https:\/\/en.wikipedia.org\/wiki\/Special:Random \"Visit a randomly selected article [x]\")\n- [About Wikipedia](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:About \"Learn about Wikipedia and how it works\")\n- [Contact us](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Contact_us \"How to contact Wikipedia\")\n\nContribute\n\n- [Help](https:\/\/en.wikipedia.org\/wiki\/Help:Contents \"Guidance on how to use and edit Wikipedia\")\n- [Learn to edit](https:\/\/en.wikipedia.org\/wiki\/Help:Introduction \"Learn how to edit Wikipedia\")\n- [Community portal](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Community_portal \"The hub for editors\")\n- [Recent changes](https:\/\/en.wikipedia.org\/wiki\/Special:RecentChanges \"A list of recent changes to Wikipedia [r]\")\n- [Upload file](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:File_upload_wizard \"Add images or other media for use on Wikipedia\")\n- [Special pages](https:\/\/en.wikipedia.org\/wiki\/Special:SpecialPages \"A list of all special pages [q]\")\n\n[![](https:\/\/en.wikipedia.org\/static\/images\/icons\/enwiki-25.svg) ![Wikipedia](https:\/\/en.wikipedia.org\/static\/images\/mobile\/copyright\/wikipedia-wordmark-en-25.svg) ![The Free Encyclopedia](https:\/\/en.wikipedia.org\/static\/images\/mobile\/copyright\/wikipedia-tagline-en-25.svg)](https:\/\/en.wikipedia.org\/wiki\/Main_Page)\n\n[Search](https:\/\/en.wikipedia.org\/wiki\/Special:Search \"Search Wikipedia [f]\")\n\nAppearance\n\n- [Donate](https:\/\/donate.wikimedia.org\/?wmf_source=donate&wmf_medium=sidebar&wmf_campaign=en.wikipedia.org&uselang=en)\n- [Create account](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:CreateAccount&returnto=The+Big+Short+%28film%29 \"You are encouraged to create an account and log in; however, it is not mandatory\")\n- [Log in](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:UserLogin&returnto=The+Big+Short+%28film%29 \"You're encouraged to log in; however, it's not mandatory. [o]\")\n\nPersonal tools\n\n- [Donate](https:\/\/donate.wikimedia.org\/?wmf_source=donate&wmf_medium=sidebar&wmf_campaign=en.wikipedia.org&uselang=en)\n- [Create account](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:CreateAccount&returnto=The+Big+Short+%28film%29 \"You are encouraged to create an account and log in; however, it is not mandatory\")\n- [Log in](https:\/\/en.wikipedia.org\/w\/index.php?title=Special:UserLogin&returnto=The+Big+Short+%28film%29 \"You're encouraged to log in; however, it's not mandatory. [o]\")\n\n## Contents\nmove to sidebar\n\nhide\n\n- [(Top)](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$)\n- [1 Synopsis](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Synopsis)\n  Toggle Synopsis subsection\n  - [1\\.1 Scion Capital](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Scion_Capital)\n  - [1\\.2 FrontPoint Partners](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#FrontPoint_Partners)\n  - [1\\.3 Brownfield Fund](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Brownfield_Fund)\n  - [1\\.4 Epilogue](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Epilogue)\n- [2 Cast](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Cast)\n- [3 Production](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Production)\n  Toggle Production subsection\n  - [3\\.1 Development](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Development)\n  - [3\\.2 Casting](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Casting)\n  - [3\\.3 Filming](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Filming)\n- [4 Release](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Release)\n- [5 Box office](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Box_office)\n- [6 Reception](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Reception)\n  Toggle Reception subsection\n  - [6\\.1 Historical accuracy](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Historical_accuracy)\n- [7 Accolades](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#Accolades)\n- [8 See also](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#See_also)\n- [9 References](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#References)\n- [10 External links](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#External_links)\n\nToggle the table of contents\n\n# *The Big Short* (film)\n45 languages\n\n- [العربية](https:\/\/ar.wikipedia.org\/wiki\/%D8%A7%D9%84%D8%B9%D8%AC%D8%B2_%D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1_\$%D9%81%D9%84%D9%85\$ \"العجز الكبير (فلم) – Arabic\")\n- [مصرى](https:\/\/arz.wikipedia.org\/wiki\/%D8%B0%D8%A7_%D8%A8%D9%8A%D8%AC_%D8%B4%D9%88%D8%B1%D8%AA \"ذا بيج شورت – Egyptian Arabic\")\n- [Asturianu](https:\/\/ast.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Asturian\")\n- [تۆرکجه](https:\/\/azb.wikipedia.org\/wiki\/%D8%A8%D8%A4%DB%8C%D9%88%DA%A9_%D8%A2%DA%86%DB%8C%D9%82 \"بؤیوک آچیق – South Azerbaijani\")\n- [Беларуская (тарашкевіца)](https:\/\/be-tarask.wikipedia.org\/wiki\/%D0%92%D1%8F%D0%BB%D1%96%D0%BA%D1%96_%D0%BF%D1%80%D0%BE%D0%B4%D0%B0%D0%B6_%D0%B1%D0%B5%D0%B7_%D0%BF%D0%B0%D0%BA%D1%80%D1%8B%D1%86%D1%8C%D1%86%D1%8F \"Вялікі продаж без пакрыцьця – Belarusian (Taraškievica orthography)\")\n- [Български](https:\/\/bg.wikipedia.org\/wiki\/%D0%93%D0%BE%D0%BB%D0%B5%D0%BC%D0%B8%D1%8F%D1%82_%D0%B7%D0%B0%D0%BB%D0%BE%D0%B3 \"Големият залог – Bulgarian\")\n- [বাংলা](https:\/\/bn.wikipedia.org\/wiki\/%E0%A6%A6%E0%A7%8D%E0%A6%AF_%E0%A6%AC%E0%A6%BF%E0%A6%97_%E0%A6%B6%E0%A6%B0%E0%A7%8D%E0%A6%9F_\$%E0%A6%9A%E0%A6%B2%E0%A6%9A%E0%A7%8D%E0%A6%9A%E0%A6%BF%E0%A6%A4%E0%A7%8D%E0%A6%B0\$ \"দ্য বিগ শর্ট (চলচ্চিত্র) – Bangla\")\n- [Català](https:\/\/ca.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Catalan\")\n- [Čeština](https:\/\/cs.wikipedia.org\/wiki\/S%C3%A1zka_na_nejistotu \"Sázka na nejistotu – Czech\")\n- [Cymraeg](https:\/\/cy.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Welsh\")\n- [Deutsch](https:\/\/de.wikipedia.org\/wiki\/The_Big_Short_\$Film\$ \"The Big Short (Film) – German\")\n- [Español](https:\/\/es.wikipedia.org\/wiki\/La_gran_apuesta \"La gran apuesta – Spanish\")\n- [Euskara](https:\/\/eu.wikipedia.org\/wiki\/The_Big_Short_\$filma\$ \"The Big Short (filma) – Basque\")\n- [فارسی](https:\/\/fa.wikipedia.org\/wiki\/%D8%B1%DA%A9%D9%88%D8%AF_%D8%A8%D8%B2%D8%B1%DA%AF_\$%D9%81%DB%8C%D9%84%D9%85\$ \"رکود بزرگ (فیلم) – Persian\")\n- [Suomi](https:\/\/fi.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Finnish\")\n- [Français](https:\/\/fr.wikipedia.org\/wiki\/The_Big_Short_:_Le_Casse_du_si%C3%A8cle \"The Big Short : Le Casse du siècle – French\")\n- [Galego](https:\/\/gl.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Galician\")\n- [עברית](https:\/\/he.wikipedia.org\/wiki\/%D7%9E%D7%9B%D7%95%D7%A0%D7%AA_%D7%94%D7%9B%D7%A1%D7%A3 \"מכונת הכסף – Hebrew\")\n- [हिन्दी](https:\/\/hi.wikipedia.org\/wiki\/%E0%A4%A6_%E0%A4%AC%E0%A4%BF%E0%A4%97_%E0%A4%B6%E0%A5%89%E0%A4%B0%E0%A5%8D%E0%A4%9F_\$%E0%A4%AB%E0%A4%BC%E0%A4%BF%E0%A4%B2%E0%A5%8D%E0%A4%AE\$ \"द बिग शॉर्ट (फ़िल्म) – Hindi\")\n- [Magyar](https:\/\/hu.wikipedia.org\/wiki\/A_nagy_dob%C3%A1s_\$film,_2015\$ \"A nagy dobás (film, 2015) – Hungarian\")\n- [Հայերեն](https:\/\/hy.wikipedia.org\/wiki\/%D4%BB%D5%BB%D5%A5%D6%81%D5%B4%D5%A1%D5%B6_%D5%AD%D5%A1%D5%B2_\$%D6%86%D5%AB%D5%AC%D5%B4\$ \"Իջեցման խաղ (ֆիլմ) – Armenian\")\n- [Bahasa Indonesia](https:\/\/id.wikipedia.org\/wiki\/The_Big_Short_\$film\$ \"The Big Short (film) – Indonesian\")\n- [Italiano](https:\/\/it.wikipedia.org\/wiki\/La_grande_scommessa \"La grande scommessa – Italian\")\n- [日本語](https:\/\/ja.wikipedia.org\/wiki\/%E3%83%9E%E3%83%8D%E3%83%BC%E3%83%BB%E3%82%B7%E3%83%A7%E3%83%BC%E3%83%88_%E8%8F%AF%E9%BA%97%E3%81%AA%E3%82%8B%E5%A4%A7%E9%80%86%E8%BB%A2 \"マネー・ショート 華麗なる大逆転 – Japanese\")\n- [Jawa](https:\/\/jv.wikipedia.org\/wiki\/The_Big_Short_\$filem\$ \"The Big Short (filem) – Javanese\")\n- [한국어](https:\/\/ko.wikipedia.org\/wiki\/%EB%B9%85%EC%87%BC%ED%8A%B8 \"빅쇼트 – Korean\")\n- [Кыргызча](https:\/\/ky.wikipedia.org\/wiki\/%D0%A7%D0%BE%D2%A3_%D0%BA%D1%8B%D1%81%D0%BA%D0%B0%D1%80%D1%82%D1%83%D1%83_\$%D1%82%D0%B0%D1%81%D0%BC%D0%B0\$ \"Чоң кыскартуу (тасма) – Kyrgyz\")\n- [Latviešu](https:\/\/lv.wikipedia.org\/wiki\/Gadsimta_likme \"Gadsimta likme – Latvian\")\n- [Bahasa Melayu](https:\/\/ms.wikipedia.org\/wiki\/The_Big_Short_\$filem\$ \"The Big Short (filem) – Malay\")\n- [Nederlands](https:\/\/nl.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Dutch\")\n- [Norsk bokmål](https:\/\/no.wikipedia.org\/wiki\/The_Big_Short_\$film\$ \"The Big Short (film) – Norwegian Bokmål\")\n- [ਪੰਜਾਬੀ](https:\/\/pa.wikipedia.org\/wiki\/%E0%A8%A6%E0%A8%BF_%E0%A8%AC%E0%A8%BF%E0%A9%B1%E0%A8%97_%E0%A8%B8%E0%A8%BC%E0%A9%8C%E0%A8%B0%E0%A8%9F_\$%E0%A8%AB%E0%A8%BC%E0%A8%BF%E0%A8%B2%E0%A8%AE\$ \"ਦਿ ਬਿੱਗ ਸ਼ੌਰਟ (ਫ਼ਿਲਮ) – Punjabi\")\n- [Polski](https:\/\/pl.wikipedia.org\/wiki\/Big_Short \"Big Short – Polish\")\n- [Português](https:\/\/pt.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Portuguese\")\n- [Română](https:\/\/ro.wikipedia.org\/wiki\/Brokerii_apocalipsei \"Brokerii apocalipsei – Romanian\")\n- [Русский](https:\/\/ru.wikipedia.org\/wiki\/%D0%98%D0%B3%D1%80%D0%B0_%D0%BD%D0%B0_%D0%BF%D0%BE%D0%BD%D0%B8%D0%B6%D0%B5%D0%BD%D0%B8%D0%B5_\$%D1%84%D0%B8%D0%BB%D1%8C%D0%BC\$ \"Игра на понижение (фильм) – Russian\")\n- [Srpskohrvatski \/ српскохрватски](https:\/\/sh.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Serbo-Croatian\")\n- [Simple English](https:\/\/simple.wikipedia.org\/wiki\/The_Big_Short_\$movie\$ \"The Big Short (movie) – Simple English\")\n- [Српски \/ srpski](https:\/\/sr.wikipedia.org\/wiki\/%D0%9E%D0%BF%D0%BA%D0%BB%D0%B0%D0%B4%D0%B0_%D0%B2%D0%B5%D0%BA%D0%B0_\$%D1%84%D0%B8%D0%BB%D0%BC\$ \"Опклада века (филм) – Serbian\")\n- [Svenska](https:\/\/sv.wikipedia.org\/wiki\/The_Big_Short \"The Big Short – Swedish\")\n- [Türkçe](https:\/\/tr.wikipedia.org\/wiki\/B%C3%BCy%C3%BCk_A%C3%A7%C4%B1k \"Büyük Açık – Turkish\")\n- [Українська](https:\/\/uk.wikipedia.org\/wiki\/%D0%93%D1%80%D0%B0_%D0%BD%D0%B0_%D0%BF%D0%BE%D0%BD%D0%B8%D0%B6%D0%B5%D0%BD%D0%BD%D1%8F_\$%D1%84%D1%96%D0%BB%D1%8C%D0%BC\$ \"Гра на пониження (фільм) – Ukrainian\")\n- [Tiếng Việt](https:\/\/vi.wikipedia.org\/wiki\/The_Big_Short_\$phim\$ \"The Big Short (phim) – Vietnamese\")\n- 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[g]\")\n\nAppearance\n\nmove to sidebar\n\nhide\n\nFrom Wikipedia, the free encyclopedia\n\n2015 American biographical drama film directed by Adam McKay\n\n| The Big Short |   |\n|---|---|\n| [![](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/1\/16\/The_Big_Short_%282015_film_poster%29.png\/250px-The_Big_Short_%282015_film_poster%29.png)](https:\/\/en.wikipedia.org\/wiki\/File:The_Big_Short_\$2015_film_poster\$.png)Theatrical release poster |   |\n| Directed by | [Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") |\n| Screenplay by | [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\") Adam McKay |\n| Based on | *[The Big Short](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\")* by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\") |\n| Produced by | [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\") [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\") [Arnon Milchan](https:\/\/en.wikipedia.org\/wiki\/Arnon_Milchan \"Arnon Milchan\") |\n| Starring | [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\") [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") Brad Pitt |\n| Cinematography | [Barry Ackroyd](https:\/\/en.wikipedia.org\/wiki\/Barry_Ackroyd \"Barry Ackroyd\") |\n| Edited by | [Hank Corwin](https:\/\/en.wikipedia.org\/wiki\/Hank_Corwin \"Hank Corwin\") |\n| Music by | [Nicholas Britell](https:\/\/en.wikipedia.org\/wiki\/Nicholas_Britell \"Nicholas Britell\") |\n| Production companies | [Paramount Pictures](https:\/\/en.wikipedia.org\/wiki\/Paramount_Pictures \"Paramount Pictures\") [Regency Enterprises](https:\/\/en.wikipedia.org\/wiki\/Regency_Enterprises \"Regency Enterprises\") [Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") |\n| Distributed by | Paramount Pictures |\n| Release dates | November 12, 2015 (2015-11-12) ([AFI Fest](https:\/\/en.wikipedia.org\/wiki\/American_Film_Institute \"American Film Institute\")) December 23, 2015 (2015-12-23) (United States) |\n| Running time | 130 minutes[\\[1\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-1) |\n| Country | United States |\n| Language | English |\n| Budget | \\$50 million[\\[2\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-2) |\n| Box office | \\$133.4 million[\\[3\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-BOM-3) |\n\n***The Big Short*** is a 2015 American [biographical](https:\/\/en.wikipedia.org\/wiki\/Biographical_film \"Biographical film\") [comedy drama](https:\/\/en.wikipedia.org\/wiki\/Comedy_drama \"Comedy drama\") film directed by [Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") from a screenplay by McKay and [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\"). Based on [the 2010 book](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\") by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\"), it depicts how the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\") was triggered by the [United States housing bubble](https:\/\/en.wikipedia.org\/wiki\/2000s_United_States_housing_bubble \"2000s United States housing bubble\").[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-McKay-4) The film stars [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\"), [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\"), [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\"), and [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\"), with [John Magaro](https:\/\/en.wikipedia.org\/wiki\/John_Magaro \"John Magaro\"), [Finn Wittrock](https:\/\/en.wikipedia.org\/wiki\/Finn_Wittrock \"Finn Wittrock\"), [Hamish Linklater](https:\/\/en.wikipedia.org\/wiki\/Hamish_Linklater \"Hamish Linklater\"), [Rafe Spall](https:\/\/en.wikipedia.org\/wiki\/Rafe_Spall \"Rafe Spall\"), [Jeremy Strong](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Strong_\$actor\$ \"Jeremy Strong (actor)\"), and [Marisa Tomei](https:\/\/en.wikipedia.org\/wiki\/Marisa_Tomei \"Marisa Tomei\") in supporting roles.\n\n*The Big Short* began a [limited release](https:\/\/en.wikipedia.org\/wiki\/Limited_release \"Limited release\") in the United States on December 11, 2015, followed by a [wide release](https:\/\/en.wikipedia.org\/wiki\/Wide_release \"Wide release\") on December 23 by [Paramount Pictures](https:\/\/en.wikipedia.org\/wiki\/Paramount_Pictures \"Paramount Pictures\").[\\[5\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-5)[\\[6\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-6) A critical and commercial success, the film grossed \\$133 million on a \\$50 million budget and received acclaim for the performances of the cast (particularly those of Bale and Carell), McKay's direction, editing, and the screenplay. The film won the [Academy Award for Best Adapted Screenplay](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Adapted_Screenplay \"Academy Award for Best Adapted Screenplay\") in addition to nominations for [Best Picture](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Picture \"Academy Award for Best Picture\"), [Best Director](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Director \"Academy Award for Best Director\"), [Best Supporting Actor](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Supporting_Actor \"Academy Award for Best Supporting Actor\") (Bale), and [Best Film Editing](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Film_Editing \"Academy Award for Best Film Editing\").\n\n## Synopsis\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=1 \"Edit section: Synopsis\")\\]\n\nThe film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\").\n\n### Scion Capital\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=2 \"Edit section: Scion Capital\")\\]\n\nIn 2005, eccentric [hedge fund](https:\/\/en.wikipedia.org\/wiki\/Hedge_fund \"Hedge fund\") manager [Michael Burry](https:\/\/en.wikipedia.org\/wiki\/Michael_Burry \"Michael Burry\") discovers that the United States [housing market](https:\/\/en.wikipedia.org\/wiki\/Real_estate_economics \"Real estate economics\"), based on high-risk [subprime loans](https:\/\/en.wikipedia.org\/wiki\/Subprime_lending \"Subprime lending\"), is [extremely unstable](https:\/\/en.wikipedia.org\/wiki\/Economic_bubble \"Economic bubble\"). Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from [adjustable-rate mortgages](https:\/\/en.wikipedia.org\/wiki\/Adjustable-rate_mortgage \"Adjustable-rate mortgage\"), he proposes to create a [credit default swap](https:\/\/en.wikipedia.org\/wiki\/Credit_default_swap \"Credit default swap\") (CDS) market for [mortgage-backed securities](https:\/\/en.wikipedia.org\/wiki\/Mortgage-backed_securities \"Mortgage-backed securities\") (MBSs), allowing him to bet against, or [short](https:\/\/en.wikipedia.org\/wiki\/Short_\$finance\$ \"Short (finance)\"), MBSs for profit.\n\nHis long-term bet, exceeding \\$1 billion, is accepted by major [investment](https:\/\/en.wikipedia.org\/wiki\/Investment_bank \"Investment bank\") and [commercial banks](https:\/\/en.wikipedia.org\/wiki\/Commercial_bank \"Commercial bank\") such as [Goldman Sachs](https:\/\/en.wikipedia.org\/wiki\/Goldman_Sachs \"Goldman Sachs\"), but requires paying substantial monthly [premiums](https:\/\/en.wikipedia.org\/wiki\/Insurance \"Insurance\"). This sparks his main client, Lawrence Fields, to accuse him of \"wasting\" [capital](https:\/\/en.wikipedia.org\/wiki\/Capital_asset \"Capital asset\") while many clients demand that he reverse and sell, but Burry refuses. Under pressure, he eventually restricts withdrawals, angering investors, and Fields sues Burry. Eventually, the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\") began and his fund's value increases by 489% with an overall profit (even allowing for the massive premiums) of over \\$2.69 billion, with Fields alone receiving \\$489 million.\n\n### FrontPoint Partners\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=3 \"Edit section: FrontPoint Partners\")\\]\n\nJared Vennett (based on [Greg Lippmann](https:\/\/en.wikipedia.org\/wiki\/Greg_Lippmann \"Greg Lippmann\")),[\\[7\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CarellCast-7) the executive in charge of global asset-backed securities trading at [Deutsche Bank](https:\/\/en.wikipedia.org\/wiki\/Deutsche_Bank \"Deutsche Bank\"),[\\[8\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-8) is one of the first bankers to understand Burry's analysis, learning from one of the bankers who sold Burry an early CDS. Using his [quant](https:\/\/en.wikipedia.org\/wiki\/Quantitative_analyst \"Quantitative analyst\") to verify that Burry is most likely correct, he decides to enter the market and purchase CDSs himself. However, his large monthly premiums result in him looking to reduce the size of his position by selling CDSs. A misplaced phone call alerts [FrontPoint Partners](https:\/\/en.wikipedia.org\/wiki\/FrontPoint_Partners \"FrontPoint Partners\") hedge fund manager Mark Baum (based on [Steve Eisman](https:\/\/en.wikipedia.org\/wiki\/Steve_Eisman \"Steve Eisman\")), who is motivated to buy swaps from Vennett due to his low regard for banks' ethics and business models. Vennett explains that the packaging of subprime loans into [collateralized debt obligations](https:\/\/en.wikipedia.org\/wiki\/Collateralized_debt_obligation \"Collateralized debt obligation\") (CDOs) rated [AAA](https:\/\/en.wikipedia.org\/wiki\/Bond_credit_rating#Credit_rating_tiers \"Bond credit rating\") will guarantee their eventual collapse.\n\nConducting a field investigation in South Florida, the FrontPoint team discovers that [mortgage brokers](https:\/\/en.wikipedia.org\/wiki\/Mortgage_broker \"Mortgage broker\") are profiting by selling their mortgage deals to [Wall Street](https:\/\/en.wikipedia.org\/wiki\/Wall_Street \"Wall Street\") banks, which pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy CDSs from Vennett.\n\nIn early 2007, as these loans begin to default, CDO prices somehow rise and ratings agencies refuse to downgrade the bond ratings. Baum discovers [conflicts of interest](https:\/\/en.wikipedia.org\/wiki\/Conflicts_of_interest \"Conflicts of interest\") and [dishonesty amongst the credit rating agencies](https:\/\/en.wikipedia.org\/wiki\/Credit_rating_agencies_and_the_subprime_crisis \"Credit rating agencies and the subprime crisis\") from an acquaintance at [Standard & Poor's](https:\/\/en.wikipedia.org\/wiki\/Standard_%26_Poor%27s \"Standard & Poor's\"). Vennett invites the team to the American Securitization Forum in Las Vegas, where Baum learns from a CDO manager that the market for insuring mortgage bonds, including \"[synthetic CDOs](https:\/\/en.wikipedia.org\/wiki\/Synthetic_CDO \"Synthetic CDO\")\" which are bets in favor of the faulty mortgage bonds, is significantly larger than the market for the mortgage loans themselves, leading a horrified Baum to realize the entire world economy is set to collapse.\n\nAs the subprime bonds continue to fall, Baum learns that [Morgan Stanley](https:\/\/en.wikipedia.org\/wiki\/Morgan_Stanley \"Morgan Stanley\"), under whose umbrella FrontPoint operates, had also [taken short positions against mortgage derivatives](https:\/\/en.wikipedia.org\/wiki\/Proprietary_trading \"Proprietary trading\"). However, in order to offset the risk and the monthly premiums, it had sold short positions in higher-rated mortgage derivatives. Now that these are also collapsing in value, Morgan Stanley is facing severe [liquidity](https:\/\/en.wikipedia.org\/wiki\/Market_liquidity \"Market liquidity\") problems. Despite pressure from his staff to sell their position before Morgan Stanley collapses, Baum refuses to sell until the economy is on the verge of collapsing, making over \\$1 billion in their CDSs. Even so, Baum laments that the banks, as well as the government, will not admit what caused the economy to collapse, but will instead blame \"immigrants and poor people.\"\n\n### Brownfield Fund\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=4 \"Edit section: Brownfield Fund\")\\]\n\nYoung investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Fund (based on the firm [Cornwall Capital](https:\/\/en.wikipedia.org\/wiki\/Cornwall_Capital \"Cornwall Capital\")). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of [JPMorgan Chase](https:\/\/en.wikipedia.org\/wiki\/JPMorgan_Chase \"JPMorgan Chase\") (the characters address the audience stating that in reality they had heard about Vennett's plan through word-of-mouth from friends and publications), convincing them to invest in CDSs, as it fits their strategy of buying cheap insurance with big potential payouts. As they are far below the capital threshold for an [International Swaps and Derivatives Association](https:\/\/en.wikipedia.org\/wiki\/International_Swaps_and_Derivatives_Association \"International Swaps and Derivatives Association\") (ISDA) [Master Agreement](https:\/\/en.wikipedia.org\/wiki\/ISDA_Master_Agreement \"ISDA Master Agreement\") required to enter into trades like Burry's and Baum's, they enlist the aid of Ben Rickert, Shipley's neighbor and a retired securities trader who was based in [Singapore](https:\/\/en.wikipedia.org\/wiki\/Singapore \"Singapore\").\n\nWhen the bond values and CDOs rise despite defaults, Geller suspects the banks are committing fraud. The trio also visit the American Securitization Forum, where they learn that the [SEC](https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission \"U.S. Securities and Exchange Commission\") has no regulations to monitor mortgage-backed security activity. They successfully make profit by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio.\n\nLater, as home mortgage defaults increase, the price of their CDSs does not rise nor does the price of the underlying mortgage bonds drop, and they realize the banks and the ratings agencies are secretly freezing the price of their CDOs in order to sell and short them before the inevitable crash. Outraged at the banks' cheating, Geller and Shipley try to tip off the press about the upcoming disaster and the rampant fraud, but a reporter from *[The Wall Street Journal](https:\/\/en.wikipedia.org\/wiki\/The_Wall_Street_Journal \"The Wall Street Journal\")* whom they have known since college and regard as principled declines to report the story in the interest of preserving his relationships with Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their CDSs. Ultimately, they turn their \\$30 million investment into \\$80 million, but their faith in the system is broken when Ben tells them of the severe consequences for the general public.\n\n### Epilogue\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=5 \"Edit section: Epilogue\")\\]\n\nJared Vennett receives a bonus of \\$47 million for profits made on his CDSs. Mark Baum becomes more gracious from the financial fallout, and his staff continue to operate their fund. Charlie Geller and Jamie Shipley go their separate ways after unsuccessfully trying to sue the ratings agencies, with Jamie still running the fund and Charlie moving to [Charlotte](https:\/\/en.wikipedia.org\/wiki\/Charlotte,_North_Carolina \"Charlotte, North Carolina\") to start a family. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS [audits](https:\/\/en.wikipedia.org\/wiki\/Audit \"Audit\"), now investing only in water securities.\n\nThe personnel of the banks responsible for the crisis escape any consequences for their actions, with the single exception of one trader, [Kareem Serageldin](https:\/\/en.wikipedia.org\/wiki\/Kareem_Serageldin \"Kareem Serageldin\"). It is noted that as of 2015, banks are selling CDOs again under a new label: \"[Bespoke Tranche Opportunity](https:\/\/en.wikipedia.org\/wiki\/Bespoke_portfolio_\$CDO\$ \"Bespoke portfolio (CDO)\")\".\n\n## Cast\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=6 \"Edit section: Cast\")\\]\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/7\/73\/Christian_Bale_2014_%28cropped%29.jpg\/120px-Christian_Bale_2014_%28cropped%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Christian_Bale_2014_\$cropped\$.jpg)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/96\/Steve_Carell_November_2014.jpg\/120px-Steve_Carell_November_2014.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Steve_Carell_November_2014.jpg)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/f\/fc\/Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg\/120px-Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Ryan_Gosling_\$36034827222\$_\$cropped\$.jpg)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/4\/4c\/Brad_Pitt_2019_by_Glenn_Francis.jpg\/120px-Brad_Pitt_2019_by_Glenn_Francis.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Brad_Pitt_2019_by_Glenn_Francis.jpg)\n\nThe main cast of the film: [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\"), [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\"), [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") and [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\")\n\n- [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") as [Michael Burry](https:\/\/en.wikipedia.org\/wiki\/Michael_Burry \"Michael Burry\"), one of the first people to discover the American housing market bubble. Burry operates his own hedge fund, [Scion Capital](https:\/\/en.wikipedia.org\/wiki\/Scion_Capital \"Scion Capital\"), and uses his liquidity to short the housing market.\n- [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\") as Mark Baum, the leader of [FrontPoint Partners](https:\/\/en.wikipedia.org\/wiki\/FrontPoint_Partners \"FrontPoint Partners\"), a small independent trading firm. Baum is in a state of constant disgust with the American banks. The character is based on [Steve Eisman](https:\/\/en.wikipedia.org\/wiki\/Steve_Eisman \"Steve Eisman\").\n- [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") as Jared Vennett, a salesman from [Deutsche Bank](https:\/\/en.wikipedia.org\/wiki\/Deutsche_Bank \"Deutsche Bank\") who decides to sell Burry's credit default swaps for his own profit. The character of Vennett is based on [Greg Lippmann](https:\/\/en.wikipedia.org\/wiki\/Greg_Lippmann \"Greg Lippmann\").\n- [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") as Ben Rickert, a retired former trader who helps Jamie and Charlie with their trades. The character is based on Ben Hockett.\n- [John Magaro](https:\/\/en.wikipedia.org\/wiki\/John_Magaro \"John Magaro\") as Charlie Geller, one half of Brownfield Fund (based on [Cornwall Capital](https:\/\/en.wikipedia.org\/wiki\/Cornwall_Capital \"Cornwall Capital\")), who discover Vennett's prospectus and also decide to short the housing market. The character is based on Charlie Ledley.\n- [Finn Wittrock](https:\/\/en.wikipedia.org\/wiki\/Finn_Wittrock \"Finn Wittrock\") as Jamie Shipley, Charlie's partner in Brownfield Fund. The character is based on James Mai.\n- [Hamish Linklater](https:\/\/en.wikipedia.org\/wiki\/Hamish_Linklater \"Hamish Linklater\") as [Porter Collins](https:\/\/en.wikipedia.org\/wiki\/Porter_Collins \"Porter Collins\")\n- [Rafe Spall](https:\/\/en.wikipedia.org\/wiki\/Rafe_Spall \"Rafe Spall\") as Danny Moses\n- [Jeremy Strong](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Strong_\$actor\$ \"Jeremy Strong (actor)\") as Vinny Daniel\n- [Marisa Tomei](https:\/\/en.wikipedia.org\/wiki\/Marisa_Tomei \"Marisa Tomei\") as Cynthia Baum, Mark Baum's wife.\n- [Tracy Letts](https:\/\/en.wikipedia.org\/wiki\/Tracy_Letts \"Tracy Letts\") as Lawrence Fields, an investor in Burry's hedge fund, a fictional composite of [Joel Greenblatt](https:\/\/en.wikipedia.org\/wiki\/Joel_Greenblatt \"Joel Greenblatt\") and others who had invested with Burry but came to disagree with his strategy.\n- [Adepero Oduye](https:\/\/en.wikipedia.org\/wiki\/Adepero_Oduye \"Adepero Oduye\") as Kathy Tao, an employee of [Morgan Stanley](https:\/\/en.wikipedia.org\/wiki\/Morgan_Stanley \"Morgan Stanley\"), who oversees Baum's fund.\n- [Karen Gillan](https:\/\/en.wikipedia.org\/wiki\/Karen_Gillan \"Karen Gillan\") as Evie, an employee of the [SEC](https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission \"U.S. Securities and Exchange Commission\") and Jamie's brother's ex-girlfriend, whom he meets with in Las Vegas.\n- [Byron Mann](https:\/\/en.wikipedia.org\/wiki\/Byron_Mann \"Byron Mann\") as Wing Chau, a CDO manager whom Baum interviews in Las Vegas.\n- [Melissa Leo](https:\/\/en.wikipedia.org\/wiki\/Melissa_Leo \"Melissa Leo\") as Georgia Hale, an employee of [Standard and Poor's](https:\/\/en.wikipedia.org\/wiki\/Standard_and_Poor%27s \"Standard and Poor's\") based on Ernestine Warner, who admits to giving inaccurate ratings for bonds.\n- [Jae Suh Park](https:\/\/en.wikipedia.org\/wiki\/Jae_Suh_Park \"Jae Suh Park\") as Burry's wife.\n- [Max Greenfield](https:\/\/en.wikipedia.org\/wiki\/Max_Greenfield \"Max Greenfield\") and [Billy Magnussen](https:\/\/en.wikipedia.org\/wiki\/Billy_Magnussen \"Billy Magnussen\") as mortgage brokers taking advantage of people looking for homes.\n- Stanley Wong as Ted Jiang, a [quantitative analyst](https:\/\/en.wikipedia.org\/wiki\/Quantitative_analysis_\$finance\$ \"Quantitative analysis (finance)\") working for Jared Vennett. The character is based on real 'quant' Eugene Xu.\n\nSeveral celebrities appear as themselves throughout the film in interstitials to explain different financial aspects of the film: [Margot Robbie](https:\/\/en.wikipedia.org\/wiki\/Margot_Robbie \"Margot Robbie\") appears to explain [mortgage-backed securities](https:\/\/en.wikipedia.org\/wiki\/Mortgage-backed_security \"Mortgage-backed security\"), [Anthony Bourdain](https:\/\/en.wikipedia.org\/wiki\/Anthony_Bourdain \"Anthony Bourdain\") to detail [collateralized debt obligations](https:\/\/en.wikipedia.org\/wiki\/Collateralized_debt_obligation \"Collateralized debt obligation\"), and [Richard Thaler](https:\/\/en.wikipedia.org\/wiki\/Richard_Thaler \"Richard Thaler\") and [Selena Gomez](https:\/\/en.wikipedia.org\/wiki\/Selena_Gomez \"Selena Gomez\") to describe [credit default swaps](https:\/\/en.wikipedia.org\/wiki\/Credit_default_swap \"Credit default swap\") and [synthetic CDOs](https:\/\/en.wikipedia.org\/wiki\/Synthetic_CDO \"Synthetic CDO\"). The real [Michael Burry](https:\/\/en.wikipedia.org\/wiki\/Michael_Burry \"Michael Burry\") appears in a cameo as a worker at Scion Capital.\n\n## Production\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=7 \"Edit section: Production\")\\]\n\n### Development\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=8 \"Edit section: Development\")\\]\n\nIn 2013, [Paramount](https:\/\/en.wikipedia.org\/wiki\/Paramount_Pictures \"Paramount Pictures\") acquired the rights to the 2010 non-fiction book *[The Big Short: Inside the Doomsday Machine](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\")* by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\"), to develop it into a film, which [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\")'s [Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") would produce.[\\[9\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-9) On March 24, 2014, [Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") was hired to write and direct a film about the housing and [economic bubble](https:\/\/en.wikipedia.org\/wiki\/Economic_bubble \"Economic bubble\").[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-McKay-4) Screenwriter [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\"), who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told *Creative Screenwriting*, \"In general it was trying to find the right tone that was slightly funnier than your average [Miloš Forman](https:\/\/en.wikipedia.org\/wiki\/Milo%C5%A1_Forman \"Miloš Forman\") comedy, which is all grounded character-based but not so satirical where you got *[Wag the Dog](https:\/\/en.wikipedia.org\/wiki\/Wag_the_Dog \"Wag the Dog\").* Somewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market's movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that.\"[\\[10\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Hogan-10) Two years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts.[\\[10\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Hogan-10)\n\n### Casting\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=9 \"Edit section: Casting\")\\]\n\nOn January 13, 2015, *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")* reported that [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\"), [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\"), and [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") were set to star in the film, with Pitt producing the film along with [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\") and [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\"). [Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") would produce, with Paramount handling the distribution rights.[\\[11\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Cast-11) Before this, Pitt had already starred in the adaptation of the author's *[Moneyball](https:\/\/en.wikipedia.org\/wiki\/Moneyball_\$film\$ \"Moneyball (film)\")*, for which he was nominated for an Oscar.[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-McKay-4)[\\[11\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Cast-11) On January 14, it was announced that [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\") would also star.[\\[7\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CarellCast-7) On April 21, 2015, more cast was revealed by *Deadline*, including [Melissa Leo](https:\/\/en.wikipedia.org\/wiki\/Melissa_Leo \"Melissa Leo\"), [Marisa Tomei](https:\/\/en.wikipedia.org\/wiki\/Marisa_Tomei \"Marisa Tomei\"), [Tracy Letts](https:\/\/en.wikipedia.org\/wiki\/Tracy_Letts \"Tracy Letts\"), [Hamish Linklater](https:\/\/en.wikipedia.org\/wiki\/Hamish_Linklater \"Hamish Linklater\"), [John Magaro](https:\/\/en.wikipedia.org\/wiki\/John_Magaro \"John Magaro\"), [Byron Mann](https:\/\/en.wikipedia.org\/wiki\/Byron_Mann \"Byron Mann\"), [Rafe Spall](https:\/\/en.wikipedia.org\/wiki\/Rafe_Spall \"Rafe Spall\"), [Jeremy Strong](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Strong_\$actor\$ \"Jeremy Strong (actor)\"), and [Finn Wittrock](https:\/\/en.wikipedia.org\/wiki\/Finn_Wittrock \"Finn Wittrock\").[\\[12\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-DeadlineCast-12) [Max Greenfield](https:\/\/en.wikipedia.org\/wiki\/Max_Greenfield \"Max Greenfield\") joined the ensemble cast of the film on April 23, 2015.[\\[13\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-GreenfieldCast-13) [Karen Gillan](https:\/\/en.wikipedia.org\/wiki\/Karen_Gillan \"Karen Gillan\") tweeted about her involvement in the film on May 8, 2015.[\\[14\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-GillanCast-14) Jeffry Griffin, who plays Vennett's assistant Chris, was originally planned to appear only as an [extra](https:\/\/en.wikipedia.org\/wiki\/Extra_\$acting\$ \"Extra (acting)\") and was cast to a speaking role after a production assistant picked him out of a crowd.[\\[15\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-15)[\\[16\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-16)\n\n### Filming\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=10 \"Edit section: Filming\")\\]\n\n[Principal photography](https:\/\/en.wikipedia.org\/wiki\/Principal_photography \"Principal photography\") on the film began on March 18, 2015, in [New Orleans](https:\/\/en.wikipedia.org\/wiki\/New_Orleans \"New Orleans\"), [Louisiana](https:\/\/en.wikipedia.org\/wiki\/Louisiana \"Louisiana\").[\\[17\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-17)[\\[18\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-18) On March 25, filming was taking place on General de Gaulle Boulevard in the [Algiers](https:\/\/en.wikipedia.org\/wiki\/Algiers,_New_Orleans \"Algiers, New Orleans\") section of New Orleans.[\\[19\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-19) On May 8, Gillan confirmed she was shooting her scenes.[\\[14\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-GillanCast-14) On May 20, 2015, filming took place on a short stretch of Mercer Street, between [Prince Street](https:\/\/en.wikipedia.org\/wiki\/Prince_Street_\$BMT_Broadway_Line\$ \"Prince Street (BMT Broadway Line)\") and [Spring Street](https:\/\/en.wikipedia.org\/wiki\/Spring_Street_\$Manhattan\$ \"Spring Street (Manhattan)\"), in [Manhattan](https:\/\/en.wikipedia.org\/wiki\/Manhattan \"Manhattan\"), [New York City](https:\/\/en.wikipedia.org\/wiki\/New_York_City \"New York City\").[\\[20\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-20) On May 22, the production crew recreated the offices of failed investment firm [Lehman Brothers](https:\/\/en.wikipedia.org\/wiki\/Lehman_Brothers \"Lehman Brothers\") in the lobby of the [New York State Department of Financial Services](https:\/\/en.wikipedia.org\/wiki\/New_York_State_Department_of_Financial_Services \"New York State Department of Financial Services\") in Manhattan.[\\[21\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-wsj-21) An assistant counsel for the Department of Financial Services played one of the extras in the scene.[\\[21\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-wsj-21)\n\n## Release\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=11 \"Edit section: Release\")\\]\n\nOn September 22, 2015, Paramount set the film for a [limited release](https:\/\/en.wikipedia.org\/wiki\/Limited_release \"Limited release\") on December 11, 2015, and a [wide release](https:\/\/en.wikipedia.org\/wiki\/Wide_release \"Wide release\") on December 23, 2015.[\\[22\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-22) The film was rated R by the Motion Picture Association (MPA, formerly MPAA) for pervasive language and some sexuality\/nudity. The film was released on [DVD](https:\/\/en.wikipedia.org\/wiki\/DVD \"DVD\") and [Blu-ray](https:\/\/en.wikipedia.org\/wiki\/Blu-ray \"Blu-ray\") on March 15, 2016.[\\[23\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-23)\n\n## Box office\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=12 \"Edit section: Box office\")\\]\n\n*The Big Short* grossed \\$70.3 million in the United States and Canada and \\$63.2 million in other countries for a worldwide total of \\$133.4 million, against a production budget of \\$50 million.[\\[3\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-BOM-3)\n\nThe film was released in eight theaters in [Los Angeles](https:\/\/en.wikipedia.org\/wiki\/Los_Angeles \"Los Angeles\"), [New York](https:\/\/en.wikipedia.org\/wiki\/New_York_City \"New York City\"), [San Francisco](https:\/\/en.wikipedia.org\/wiki\/San_Francisco \"San Francisco\") and [Chicago](https:\/\/en.wikipedia.org\/wiki\/Chicago \"Chicago\") on December 11, 2015, and earned \\$705,527 (an average of \\$88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by *[Memoirs of a Geisha](https:\/\/en.wikipedia.org\/wiki\/Memoirs_of_a_Geisha_\$film\$ \"Memoirs of a Geisha (film)\")* (\\$85,313 per theater),[\\[24\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-aAa-24) and was the third biggest theater average of 2015 behind the four screen debuts of *[Steve Jobs](https:\/\/en.wikipedia.org\/wiki\/Steve_Jobs_\$film\$ \"Steve Jobs (film)\")* (\\$130,000) and *[The Revenant](https:\/\/en.wikipedia.org\/wiki\/The_Revenant_\$2015_film\$ \"The Revenant (2015 film)\")* (\\$118,640).[\\[25\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-25)\n\nThe film had its wide release on December 23, 2015, and grossed \\$2.3 million on its first day. In its opening weekend it grossed \\$10.5 million, finishing 6th at the box office.[\\[26\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CinemaScore-26)\n\n## Reception\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=13 \"Edit section: Reception\")\\]\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/0\/0a\/Christian_Bale-7837.jpg\/250px-Christian_Bale-7837.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Christian_Bale-7837.jpg)\n\n[Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") received widespread acclaim, earning an [Academy Award for Best Supporting Actor](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Supporting_Actor \"Academy Award for Best Supporting Actor\") nomination\n\nOn [review aggregator](https:\/\/en.wikipedia.org\/wiki\/Review_aggregator \"Review aggregator\") website [Rotten Tomatoes](https:\/\/en.wikipedia.org\/wiki\/Rotten_Tomatoes \"Rotten Tomatoes\"), *The Big Short* has an approval rating of 89% based on 331 reviews, with an [average rating](https:\/\/en.wikipedia.org\/wiki\/Weighted_arithmetic_mean \"Weighted arithmetic mean\") of 7.80\/10. The site's critical consensus reads, \"*The Big Short* approaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain.\"[\\[27\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-27) On [Metacritic](https:\/\/en.wikipedia.org\/wiki\/Metacritic \"Metacritic\"), the film has a score of 81 out of 100 based on 45 reviews, indicating \"universal acclaim\".[\\[28\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-28) Audiences polled by [CinemaScore](https:\/\/en.wikipedia.org\/wiki\/CinemaScore \"CinemaScore\") gave the film an average grade of \"A−\" on an A+ to F scale.[\\[26\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CinemaScore-26)\n\n[IGN](https:\/\/en.wikipedia.org\/wiki\/IGN \"IGN\") gave the film a score of 8.6\/10, praising its \"energetic direction\" and making \"a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it\".[\\[29\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-29)\n\n*[The New York Times](https:\/\/en.wikipedia.org\/wiki\/The_New_York_Times \"The New York Times\")*' \"UpShot\" series stated *The Big Short* offered the \"strongest film explanation of the global financial crisis\". The series also stated that it \"wouldn't necessarily have been able to cash in as successfully as the characters in *The Big Short*. The success of this film is due to the work of the actors who played the characters.”[\\[30\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-nytimes_2015_12_23-30)\n\nIn 2021, members of [Writers Guild of America West](https:\/\/en.wikipedia.org\/wiki\/Writers_Guild_of_America_West \"Writers Guild of America West\") (WGAW) and [Writers Guild of America, East](https:\/\/en.wikipedia.org\/wiki\/Writers_Guild_of_America,_East \"Writers Guild of America, East\") (WGAE) voted its screenplay 55th in WGA’s 101 Greatest Screenplays of the 21st Century (So Far).[\\[31\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-31)[\\[32\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-32) In 2025, it was one of the films voted for the \"Readers' Choice\" edition of *[The New York Times](https:\/\/en.wikipedia.org\/wiki\/The_New_York_Times \"The New York Times\")*' list of \"The 100 Best Movies of the 21st Century,\" finishing at number 133.[\\[33\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-33)\n\n### Historical accuracy\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=14 \"Edit section: Historical accuracy\")\\]\n\n[David McCandless](https:\/\/en.wikipedia.org\/wiki\/David_McCandless \"David McCandless\")'s visual blog *Information is Beautiful* deduced that, while taking creative license into account, the film was 91.4% accurate when compared to real-life events, calling it a \"shockingly truthful film\" with \"very little dramatization or fakery.\"[\\[34\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-34)\n\nMovie critics with backgrounds in finance also commented on the film. Many agreed with the public that *The Big Short* was entertaining and engaging, but also terrifying. [Glenn Kenny](https:\/\/en.wikipedia.org\/wiki\/Glenn_Kenny \"Glenn Kenny\") reported that the film accurately got the message across that even though the lives of the characters were not interconnected, their stories were.[\\[35\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-35)\n\nWhile the general plot of the film is the same as the book, many of the character names have been changed. For example, [Steve Eisman](https:\/\/en.wikipedia.org\/wiki\/Steve_Eisman \"Steve Eisman\") has become \"Mark Baum\" and [Greg Lippmann](https:\/\/en.wikipedia.org\/wiki\/Greg_Lippmann \"Greg Lippmann\") has become \"Jared Vennett\". Some biographical information has also been slightly modified.[\\[36\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-36)\n\nEisman has said that he respects Carell's portrayal but that it was not 100 percent true to his real character. Speaking to *[The Globe and Mail](https:\/\/en.wikipedia.org\/wiki\/The_Globe_and_Mail \"The Globe and Mail\")*, Eisman said, \"Eliminate my sense of humor and make me angry all the time, and that's \\[Carell's\\] portrayal. It's accurate enough, but it's not really me.\"[\\[37\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-37). However, in September 2025, Eisman recalled that after reading the transcript of his interview with the [Financial Crisis Inquiry Commission](https:\/\/en.wikipedia.org\/wiki\/Financial_Crisis_Inquiry_Commission \"Financial Crisis Inquiry Commission\") from 2010, he reassessed Carell's portrayal: \"I read my whole transcript, my entire interview... You know, Steve Carell was right. I was that angry. I was so angry at what Wall Street had done.\" [\\[38\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-38)\n\nThe film, along with *[The Wolf of Wall Street](https:\/\/en.wikipedia.org\/wiki\/The_Wolf_of_Wall_Street_\$2013_film\$ \"The Wolf of Wall Street (2013 film)\")*, had a brief resurgence in the wake of the January 2021 [GameStop short squeeze](https:\/\/en.wikipedia.org\/wiki\/GameStop_short_squeeze \"GameStop short squeeze\") as the events shown in the films provided reference points for what was happening with the GameStop and related stocks.[\\[39\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-39)\n\n## Accolades\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=15 \"Edit section: Accolades\")\\]\n\nMain article: [List of accolades received by *The Big Short* (film)](https:\/\/en.wikipedia.org\/wiki\/List_of_accolades_received_by_The_Big_Short_\$film\$ \"List of accolades received by The Big Short (film)\")\n\n[Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") and [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\") won the [Academy Award](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Adapted_Screenplay \"Academy Award for Best Adapted Screenplay\"),[\\[40\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-40) [BAFTA Award](https:\/\/en.wikipedia.org\/wiki\/BAFTA_Award_for_Best_Adapted_Screenplay \"BAFTA Award for Best Adapted Screenplay\"),[\\[41\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-41) [Critics' Choice Movie Award](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Adapted_Screenplay \"Critics' Choice Movie Award for Best Adapted Screenplay\"),[\\[42\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-42) and [Writers Guild of America Award](https:\/\/en.wikipedia.org\/wiki\/Writers_Guild_of_America_Award_for_Best_Adapted_Screenplay \"Writers Guild of America Award for Best Adapted Screenplay\")[\\[43\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-43), all for Best Adapted Screenplay. They also won an [Empire Award](https:\/\/en.wikipedia.org\/wiki\/21st_Empire_Awards \"21st Empire Awards\") for Best Screenplay.[\\[44\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-44) [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") won the [Critics' Choice Movie Award for Best Actor in a Comedy](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Actor_in_a_Comedy \"Critics' Choice Movie Award for Best Actor in a Comedy\")[\\[45\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Critic's_Choice-45) and the [Satellite Award for Best Supporting Actor - Motion Picture](https:\/\/en.wikipedia.org\/wiki\/Satellite_Award_for_Best_Actor_in_a_Supporting_Role \"Satellite Award for Best Actor in a Supporting Role\").[\\[46\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-46) [Hank Corwin](https:\/\/en.wikipedia.org\/wiki\/Hank_Corwin \"Hank Corwin\") won the [American Cinema Editors Award for Best Edited Feature Film (Comedy or Musical)](https:\/\/en.wikipedia.org\/wiki\/American_Cinema_Editors_Award_for_Best_Edited_Feature_Film_%E2%80%93_Comedy_or_Musical \"American Cinema Editors Award for Best Edited Feature Film – Comedy or Musical\")[\\[47\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-47) and [Los Angeles Film Critics Association Award](https:\/\/en.wikipedia.org\/wiki\/Los_Angeles_Film_Critics_Association \"Los Angeles Film Critics Association\") for Best Editing.[\\[48\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-48)\n\nThe film won the [Critics' Choice Movie Award for Best Comedy](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Comedy \"Critics' Choice Movie Award for Best Comedy\")[\\[45\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Critic's_Choice-45) and was named one of the Top 10 Films of the Year at the [American Film Institute Awards 2015](https:\/\/en.wikipedia.org\/wiki\/American_Film_Institute_Awards_2015 \"American Film Institute Awards 2015\").[\\[49\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-49) [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\"), [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\"), and [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") won the [Producers Guild of America Award for Best Theatrical Motion Picture](https:\/\/en.wikipedia.org\/wiki\/Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture \"Producers Guild of America Award for Best Theatrical Motion Picture\").[\\[50\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-50) The cast also won the [National Board of Review Award for Best Ensemble](https:\/\/en.wikipedia.org\/wiki\/National_Board_of_Review_Award_for_Best_Cast \"National Board of Review Award for Best Cast\").[\\[51\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-51)\n\n## See also\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=16 \"Edit section: See also\")\\]\n\n- ![](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/e\/e7\/Video-x-generic.svg\/40px-Video-x-generic.svg.png)[Film portal](https:\/\/en.wikipedia.org\/wiki\/Portal:Film \"Portal:Film\")\n\n- [Bankruptcy of Lehman Brothers](https:\/\/en.wikipedia.org\/wiki\/Bankruptcy_of_Lehman_Brothers \"Bankruptcy of Lehman Brothers\")\n- *[The Last Days of Lehman Brothers](https:\/\/en.wikipedia.org\/wiki\/The_Last_Days_of_Lehman_Brothers \"The Last Days of Lehman Brothers\")*\n- [Great Recession](https:\/\/en.wikipedia.org\/wiki\/Great_Recession \"Great Recession\")\n- [*Inside Job* (2010 film)](https:\/\/en.wikipedia.org\/wiki\/Inside_Job_\$2010_film\$ \"Inside Job (2010 film)\")\n- [*Margin Call* (2011 film)](https:\/\/en.wikipedia.org\/wiki\/Margin_Call \"Margin Call\")\n- [*Too Big to Fail* (film)](https:\/\/en.wikipedia.org\/wiki\/Too_Big_to_Fail_\$film\$ \"Too Big to Fail (film)\")\n\n## References\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=17 \"Edit section: References\")\\]\n\n1. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-1)**\n   [\"*The Big Short* (15)\"](https:\/\/web.archive.org\/web\/20151116073303\/http:\/\/bbfc.co.uk\/releases\/big-short-film). *[British Board of Film Classification](https:\/\/en.wikipedia.org\/wiki\/British_Board_of_Film_Classification \"British Board of Film Classification\")*. November 9, 2015. Archived from [the original](https:\/\/www.bbfc.co.uk\/AVF331428) on November 16, 2015. Retrieved November 9, 2015.\n2. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-2)**\n   FilmL.A. (June 15, 2016). [\"2015 Feature Film Study\"](https:\/\/indd.adobe.com\/view\/87976431-f650-4be0-a9c3-392d676b5514). Retrieved June 29, 2017.\n   \n   `{{cite web}}`: CS1 maint: deprecated archival service ([link](https:\/\/en.wikipedia.org\/wiki\/Category:CS1_maint:_deprecated_archival_service \"Category:CS1 maint: deprecated archival service\"))\n3. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-BOM_3-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-BOM_3-1)\n   [\"The Big Short (2015) - Box Office Mojo\"](https:\/\/www.boxofficemojo.com\/movies\/?id=bigshort.htm). *Box Office Mojo*. [Archived](https:\/\/web.archive.org\/web\/20160130175347\/http:\/\/www.boxofficemojo.com\/movies\/?id=bigshort.htm) from the original on January 30, 2016. Retrieved May 22, 2017.\n4. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-McKay_4-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-McKay_4-1) [***c***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-McKay_4-2)\n   [\"Paramount Taps 'Anchorman' Helmer Adam McKay To Adapt And Direct Michael Lewis' 'The Big Short' About Economic Meltdown\"](https:\/\/deadline.com\/2014\/03\/adam-mckay-big-short-movie-michael-lews-703473\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. March 24, 2014. [Archived](https:\/\/web.archive.org\/web\/20150419032021\/http:\/\/deadline.com\/2014\/03\/adam-mckay-big-short-movie-michael-lews-703473\/) from the original on April 19, 2015. Retrieved April 18, 2015.\n5. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-5)**\n   [\"Paramount pushes 'The Big Short' into awards season\"](https:\/\/www.chicagotribune.com\/entertainment\/sns-bc-us--film-the-big-short-20150922-story.html). *[Chicago Tribune](https:\/\/en.wikipedia.org\/wiki\/Chicago_Tribune \"Chicago Tribune\")*. Associated Press. September 25, 2015. [Archived](https:\/\/web.archive.org\/web\/20200614090319\/https:\/\/www.chicagotribune.com\/entertainment\/sns-bc-us--film-the-big-short-20150922-story.html) from the original on June 14, 2020. Retrieved April 17, 2020.\n6. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-6)**\n   [\"The Big Short \\| Trailer & Movie Site \\| December 2015\"](http:\/\/www.thebigshortmovie.com\/). *The Big Short*. [Archived](https:\/\/web.archive.org\/web\/20151230183944\/http:\/\/www.thebigshortmovie.com\/) from the original on December 30, 2015. Retrieved December 26, 2015.\n7. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CarellCast_7-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CarellCast_7-1)\n   Kit, Borys (January 14, 2015). [\"Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short'\"](https:\/\/www.hollywoodreporter.com\/news\/steve-carell-talks-join-christian-763755). *[The Hollywood Reporter](https:\/\/en.wikipedia.org\/wiki\/The_Hollywood_Reporter \"The Hollywood Reporter\")*. [Archived](https:\/\/web.archive.org\/web\/20150122231841\/http:\/\/www.hollywoodreporter.com\/news\/steve-carell-talks-join-christian-763755) from the original on January 22, 2015. Retrieved January 15, 2015.\n8. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-8)**\n   [\"Lippmann, Deutsche Trader, Steps Down, NYTimes Dealbook 21 April 2010\"](https:\/\/dealbook.nytimes.com\/2010\/04\/21\/lippmann-deutsche-trader-steps-down). April 21, 2010. [Archived](https:\/\/web.archive.org\/web\/20180624035829\/https:\/\/dealbook.nytimes.com\/2010\/04\/21\/lippmann-deutsche-trader-steps-down\/) from the original on June 24, 2018. Retrieved November 23, 2018.\n9. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-9)**\n   McNary, Dave (March 24, 2014). [\"'Anchorman's' Adam McKay Boards Financial Drama\"](https:\/\/variety.com\/2014\/film\/news\/adam-mckay-big-short-brad-pitt-1201144582\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*. [Archived](https:\/\/web.archive.org\/web\/20170704085656\/http:\/\/variety.com\/2014\/film\/news\/adam-mckay-big-short-brad-pitt-1201144582\/) from the original on July 4, 2017. Retrieved April 18, 2015.\n10. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Hogan_10-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Hogan_10-1)\n    Hogan, Brianne (January 20, 2016). [\"Banking on The Big Short\"](http:\/\/creativescreenwriting.com\/banking-on-the-big-short\/). *Creative Screenwriting*. [Archived](https:\/\/web.archive.org\/web\/20160508090559\/http:\/\/creativescreenwriting.com\/banking-on-the-big-short\/) from the original on May 8, 2016. Retrieved January 21, 2016.\n11. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Cast_11-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Cast_11-1)\n    Kroll, Justin (January 13, 2015). [\"Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama 'The Big Short' (EXCLUSIVE)\"](https:\/\/variety.com\/2015\/film\/news\/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*. [Archived](https:\/\/web.archive.org\/web\/20150114172701\/http:\/\/variety.com\/2015\/film\/news\/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038\/) from the original on January 14, 2015. Retrieved January 14, 2015.\n12. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-DeadlineCast_12-0)**\n    Fleming, Mike Jr. (April 21, 2015). [\"'The Big Short' Solidifies With Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt\"](https:\/\/deadline.com\/2015\/04\/the-big-short-christian-bale-steve-carell-ryan-gosling-brad-pitt-1201413659\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. [Archived](https:\/\/web.archive.org\/web\/20150618152249\/http:\/\/deadline.com\/2015\/04\/the-big-short-christian-bale-steve-carell-ryan-gosling-brad-pitt-1201413659\/) from the original on June 18, 2015. Retrieved May 21, 2015.\n13. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-GreenfieldCast_13-0)**\n    [\"Max Greenfield Joins Brad Pitt, Ryan Gosling in 'The Big Short' (EXCLUSIVE)\"](https:\/\/variety.com\/2015\/film\/news\/the-big-short-max-greenfield-cast-brad-pitt-ryan-gosling-1201477480\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*. April 23, 2015. [Archived](https:\/\/web.archive.org\/web\/20150425021952\/http:\/\/variety.com\/2015\/film\/news\/the-big-short-max-greenfield-cast-brad-pitt-ryan-gosling-1201477480\/) from the original on April 25, 2015. Retrieved April 23, 2015.\n14. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-GillanCast_14-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-GillanCast_14-1)\n    @karengillan (May 8, 2015). [\"Just had an amazingly fun day shooting on The Big Short film!\"](https:\/\/twitter.com\/karengillan\/status\/596799346303062016) ([Tweet](https:\/\/en.wikipedia.org\/wiki\/Tweet_\$social_media\$ \"Tweet (social media)\")). [Archived](https:\/\/web.archive.org\/web\/20151213125535\/https:\/\/twitter.com\/karengillan\/status\/596799346303062016) from the original on December 13, 2015. Retrieved May 21, 2015 – via [Twitter](https:\/\/en.wikipedia.org\/wiki\/Twitter \"Twitter\").\n15. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-15)**\n    Riley, Jenelle (December 31, 2015). [\"'Big Short' Actor Jeffry Griffin Went From Extra to Sharing Scenes With Ryan Gosling\"](https:\/\/variety.com\/2015\/film\/awards\/big-short-ryan-gosling-assistant-jeffry-griffin-1201670141\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*.\n16. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-16)**\n    Lindsay, Benjamin (January 4, 2016). [\"How a 'Big Short' Extra Became Ryan Gosling's Right-Hand Man\"](https:\/\/www.backstage.com\/magazine\/article\/big-short-extra-became-ryan-goslings-right-hand-man-8831\/). *[Backstage.com](https:\/\/en.wikipedia.org\/wiki\/Backstage.com \"Backstage.com\")*. Retrieved July 21, 2022.\n17. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-17)**\n    [\"Brad Pitt, Ryan Gosling, & Christian Bale are headed to Orleans for 'The Big Short'\"](https:\/\/web.archive.org\/web\/20150212022440\/http:\/\/www.onlocationvacations.com\/2015\/02\/10\/brad-pitt-ryan-gosling-christian-bale-are-headed-to-new-orleans-for-the-big-shot\/). *onlocationvacations.com*. February 10, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/02\/10\/brad-pitt-ryan-gosling-christian-bale-are-headed-to-new-orleans-for-the-big-shot\/) on February 12, 2015. Retrieved February 13, 2015.\n18. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-18)**\n    [\"'The Big Short', starring Brad Pitt, Ryan Gosling, & Christian Bale, begins filming in New Orleans\"](https:\/\/web.archive.org\/web\/20150328005048\/http:\/\/www.onlocationvacations.com\/2015\/03\/23\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-begins-filming-in-new-orleans\/). *onlocationvacations.com*. March 23, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/03\/23\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-begins-filming-in-new-orleans\/) on March 28, 2015. Retrieved March 29, 2015.\n19. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-19)**\n    [\"'The Big Short', starring Brad Pitt Ryan Gosling & Christian Bale, filming in Algiers, LA today\"](https:\/\/web.archive.org\/web\/20150327150534\/http:\/\/www.onlocationvacations.com\/2015\/03\/25\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-filming-in-algiers-la-today\/). *onlocationvacations.com*. March 25, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/03\/25\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-filming-in-algiers-la-today\/) on March 27, 2015. Retrieved March 29, 2015.\n20. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-20)**\n    [\"'The Big Short', starring Brad Pitt and Ryan Gosling, is filming in NYC this week!\"](https:\/\/web.archive.org\/web\/20150522101426\/http:\/\/www.onlocationvacations.com\/2015\/05\/16\/the-big-short-starring-brad-pitt-and-ryan-gosling-is-filming-in-nyc-this-week\/). *onlocationvacations.com*. May 16, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/05\/16\/the-big-short-starring-brad-pitt-and-ryan-gosling-is-filming-in-nyc-this-week\/) on May 22, 2015. Retrieved May 22, 2015.\n21. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-wsj_21-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-wsj_21-1)\n    Matthews, Christopher M. (May 22, 2015). [\"'Big Short' Recreates Lehman Bros. Offices in Regulator's Building\"](https:\/\/blogs.wsj.com\/moneybeat\/2015\/05\/22\/big-short-recreates-lehman-bros-offices-in-regulators-building\/). *[The Wall Street Journal](https:\/\/en.wikipedia.org\/wiki\/The_Wall_Street_Journal \"The Wall Street Journal\")*. [Archived](https:\/\/web.archive.org\/web\/20171126061358\/https:\/\/blogs.wsj.com\/moneybeat\/2015\/05\/22\/big-short-recreates-lehman-bros-offices-in-regulators-building\/) from the original on November 26, 2017. Retrieved May 25, 2015.\n22. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-22)**\n    [\"The Big Short Website\"](https:\/\/web.archive.org\/web\/20151230183944\/http:\/\/www.thebigshortmovie.com\/). *Paramount Pictures*. Archived from [the original](http:\/\/www.thebigshortmovie.com\/) on December 30, 2015. Retrieved September 28, 2015.\n23. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-23)**\n    [\"The Big Short DVD Release Date March 15, 2016\"](https:\/\/www.dvdsreleasedates.com\/movies\/7468\/the-big-short). *DVDs Release Dates*. Retrieved August 30, 2022.\n24. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-aAa_24-0)**\n    McClintock, Pamela (December 13, 2015). [\"Box Office: Ron Howard's 'Heart of the Sea' Capsizes With \\$11M U.S. Debut\"](https:\/\/www.hollywoodreporter.com\/news\/heart-sea-capsizes-11m-debut-848308). *[The Hollywood Reporter](https:\/\/en.wikipedia.org\/wiki\/The_Hollywood_Reporter \"The Hollywood Reporter\")*. [Archived](https:\/\/web.archive.org\/web\/20151214214759\/http:\/\/www.hollywoodreporter.com\/news\/heart-sea-capsizes-11m-debut-848308) from the original on December 14, 2015. Retrieved December 13, 2015.\n25. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-25)**\n    Mendelson, Scott (December 13, 2015). [\"Box Office: 'In The Heart Of The Sea' Is A Whale Of A Fail, 'Big Short' Strikes It Rich\"](https:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/12\/13\/box-office-in-the-heart-of-the-sea-is-a-whale-of-a-fail-big-short-strikes-it-rich\/). *[Forbes](https:\/\/en.wikipedia.org\/wiki\/Forbes \"Forbes\")*. [Archived](https:\/\/web.archive.org\/web\/20151214134801\/http:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/12\/13\/box-office-in-the-heart-of-the-sea-is-a-whale-of-a-fail-big-short-strikes-it-rich\/) from the original on December 14, 2015. Retrieved December 13, 2015.\n26. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CinemaScore_26-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CinemaScore_26-1)\n    D'Alessandro, Anthony; Busch, Anita (December 28, 2015). [\"'Daddy', 'Joy' & 'Hateful Eight' Reap Fortune As 'Star Wars' Halo Effect Impacts B.O…Can 'Force Awakens' Hit \\$1 Billion In U.S.?\"](https:\/\/deadline.com\/2015\/12\/star-wars-force-awakens-christmas-weekend-box-office-record-joy-daddys-home-concussion-point-break-1201672899\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. [Archived](https:\/\/web.archive.org\/web\/20180613000029\/https:\/\/deadline.com\/2015\/12\/star-wars-force-awakens-christmas-weekend-box-office-record-joy-daddys-home-concussion-point-break-1201672899\/) from the original on June 13, 2018. Retrieved April 17, 2020.\n27. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-27)**\n    [\"The Big Short (2015)\"](https:\/\/www.rottentomatoes.com\/m\/the_big_short\/). *[Rotten Tomatoes](https:\/\/en.wikipedia.org\/wiki\/Rotten_Tomatoes \"Rotten Tomatoes\")*. [Fandango Media](https:\/\/en.wikipedia.org\/wiki\/Fandango_Media \"Fandango Media\"). [Archived](https:\/\/web.archive.org\/web\/20160120165025\/http:\/\/www.rottentomatoes.com\/m\/the_big_short\/) from the original on January 20, 2016. Retrieved September 1, 2022.\n28. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-28)**\n    [\"The Big Short Reviews\"](https:\/\/www.metacritic.com\/movie\/the-big-short). *[Metacritic](https:\/\/en.wikipedia.org\/wiki\/Metacritic \"Metacritic\")*. [CBS Interactive](https:\/\/en.wikipedia.org\/wiki\/CBS_Interactive \"CBS Interactive\"). [Archived](https:\/\/web.archive.org\/web\/20160109150905\/http:\/\/www.metacritic.com\/movie\/the-big-short) from the original on January 9, 2016. Retrieved August 13, 2019.\n29. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-29)**\n    [\"The Big Short Review – IGN\"](https:\/\/www.ign.com\/articles\/2015\/12\/08\/the-big-short-review). *IGN*. December 8, 2015. [Archived](https:\/\/web.archive.org\/web\/20200614152454\/https:\/\/www.ign.com\/articles\/2015\/12\/08\/the-big-short-review) from the original on June 14, 2020. Retrieved December 26, 2015.\n30. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-nytimes_2015_12_23_30-0)**\n    Irwin, Neil (December 23, 2015). [\"What 'The Big Short' Gets Right, and Wrong, About the Housing Bubble\"](https:\/\/www.nytimes.com\/2015\/12\/23\/upshot\/what-the-big-short-gets-right-and-wrong-about-the-housing-bubble.html?smid=tw-nytimes&smtyp=cur). *New York Times*. [Archived](https:\/\/web.archive.org\/web\/20151225110732\/http:\/\/www.nytimes.com\/2015\/12\/23\/upshot\/what-the-big-short-gets-right-and-wrong-about-the-housing-bubble.html?smid=tw-nytimes&smtyp=cur) from the original on December 25, 2015. Retrieved December 27, 2015.\n31. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-31)**\n    [\"101 Greatest Screenplays of the 21st Century (\\*so far)\"](https:\/\/www.wga.org\/writers-room\/101-best-lists\/101-best-screenplays-of-the-21st-century-so-far\/list). *www.wga.org*. Retrieved December 25, 2025.\n32. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-32)**\n    Pedersen, Erik (December 6, 2021). [\"101 Greatest Screenplays Of The 21st Century: Horror Pic Tops Writers Guild's List\"](https:\/\/deadline.com\/2021\/12\/greatest-screenplays-of-21st-century-list-writers-guild-get-out-1234885622\/). *Deadline*. Retrieved December 25, 2025.\n33. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-33)**\n    [\"Readers Choose Their Top Movies of the 21st Century\"](https:\/\/www.nytimes.com\/interactive\/2025\/movies\/readers-movies-21st-century.html). *The New York Times*. Retrieved July 2, 2025.\n34. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-34)**\n    [\"Based on a True True Story? Scene-by-scene Breakdown of Hollywood Films\"](https:\/\/www.informationisbeautiful.net\/visualizations\/based-on-a-true-true-story\/). Information Is Beautiful. [Archived](https:\/\/web.archive.org\/web\/20201118143948\/https:\/\/www.informationisbeautiful.net\/visualizations\/based-on-a-true-true-story\/) from the original on November 18, 2020. Retrieved July 28, 2019.\n35. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-35)**\n    Kenny, Glenn (December 20, 2015). [\"The Big Short Movie Review & Film Summary (2015)\"](https:\/\/www.rogerebert.com\/reviews\/the-big-short-2015). *RogerEbert.com*. [Archived](https:\/\/web.archive.org\/web\/20201116104110\/https:\/\/www.rogerebert.com\/reviews\/the-big-short-2015) from the original on November 16, 2020. Retrieved December 21, 2017.\n36. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-36)**\n    Saporito, Jeff (February 24, 2016). [\"Which characters in \"The Big Short\" are based on real people\"](http:\/\/screenprism.com\/insights\/article\/which-real-life-people-are-the-characters-of-the-big-short-based-on). *ScreenPrism*. [Archived](https:\/\/web.archive.org\/web\/20200412080501\/http:\/\/screenprism.com\/insights\/article\/which-real-life-people-are-the-characters-of-the-big-short-based-on) from the original on April 12, 2020. Retrieved April 18, 2020.\n37. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-37)**\n    [\"Invest like a legend: Steve Eisman\"](https:\/\/www.theglobeandmail.com\/report-on-business\/rob-magazine\/invest-like-a-legend-the-skeptic-steve-eisman\/article28378668\/). *[The Globe and Mail](https:\/\/en.wikipedia.org\/wiki\/The_Globe_and_Mail \"The Globe and Mail\")*. January 29, 2016. [Archived](https:\/\/web.archive.org\/web\/20170505210249\/http:\/\/www.theglobeandmail.com\/report-on-business\/rob-magazine\/invest-like-a-legend-the-skeptic-steve-eisman\/article28378668\/) from the original on May 5, 2017. Retrieved December 21, 2017.\n38. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-38)** <https:\/\/www.youtube.com\/watch?v=O9tHSSlY6eg&t=2014s>\n39. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-39)**\n    Watercutter, Angela (January 29, 2021). [\"GameStop Makes This a Good Time to Rewatch The Big Short\"](https:\/\/www.wired.com\/story\/the-big-short-gamestop-meme-stock\/). *[Wired](https:\/\/en.wikipedia.org\/wiki\/Wired_\$magazine\$ \"Wired (magazine)\")*. Retrieved January 29, 2021.\n40. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-40)**\n    [\"Oscars 2016: Winners list in full\"](https:\/\/www.bbc.co.uk\/news\/entertainment-arts-35313266). *BBC News*. February 28, 2016. [Archived](https:\/\/web.archive.org\/web\/20160225011630\/http:\/\/www.bbc.co.uk\/news\/entertainment-arts-35313266) from the original on February 25, 2016. Retrieved January 22, 2018.\n41. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-41)**\n    [\"BAFTA Film Awards 2016: Winners\"](https:\/\/www.bbc.co.uk\/news\/entertainment-arts-35260399). *BBC News*. February 14, 2016. [Archived](https:\/\/web.archive.org\/web\/20160214053026\/http:\/\/www.bbc.co.uk\/news\/entertainment-arts-35260399) from the original on February 14, 2016. Retrieved January 22, 2018.\n42. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-42)**\n    Hipes, Patrick (January 18, 2016). [\"Critics' Choice Awards: 'Spotlight' Wins Best Picture; 'Mr. Robot' Best Drama Series\"](https:\/\/deadline.com\/2016\/01\/critics-choice-awards-2016-winners-full-list-1201685089\/). *Deadline*. Retrieved March 2, 2026.\n43. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-43)**\n    [\"Previous Nominees & Winners: 2016 Nominees & Winners\"](https:\/\/web.archive.org\/web\/20160328130331\/http:\/\/awards.wga.org\/wga-awards\/previous-nominees-winners). *The Writers Guild Awards*. Archived from [the original](http:\/\/awards.wga.org\/wga-awards\/previous-nominees-winners) on March 28, 2016. Retrieved January 22, 2018.\n44. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-44)**\n    Nugent, John. [\"Jameson Empire Awards 2016: Star Wars and Mad Max lead the nominations\"](https:\/\/www.empireonline.com\/movies\/news\/star-wars-mad-max-empire-awards-2016-nominations-2\/). *[Empire](https:\/\/en.wikipedia.org\/wiki\/Empire_\$magazine\$ \"Empire (magazine)\")*. [Archived](https:\/\/web.archive.org\/web\/20160425142107\/https:\/\/www.empireonline.com\/movies\/news\/star-wars-mad-max-empire-awards-2016-nominations-2\/) from the original on April 25, 2016. Retrieved January 22, 2018.\n45. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Critic's_Choice_45-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Critic's_Choice_45-1)\n    Rosen, Christopher (January 17, 2016). [\"Critics' Choice Awards 2016 winners: Spotlight, Mad Max, Leonardo DiCaprio, and more\"](https:\/\/www.ew.com\/article\/2016\/01\/17\/critics-choice-awards-2016-winners-list). *[Entertainment Weekly](https:\/\/en.wikipedia.org\/wiki\/Entertainment_Weekly \"Entertainment Weekly\")*. [Archived](https:\/\/web.archive.org\/web\/20160118122332\/http:\/\/www.ew.com\/article\/2016\/01\/17\/critics-choice-awards-2016-winners-list) from the original on January 18, 2016. Retrieved January 22, 2018.\n46. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-46)**\n    [\"2015\"](http:\/\/www.pressacademy.com\/award_cat\/2015\/). [Satellite Awards](https:\/\/en.wikipedia.org\/wiki\/Satellite_Awards \"Satellite Awards\"). [Archived](https:\/\/web.archive.org\/web\/20201208192724\/http:\/\/www.pressacademy.com\/award_cat\/2015\/) from the original on December 8, 2020. Retrieved January 22, 2018.\n47. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-47)**\n    Adam Chitwood (January 4, 2016). [\"*Mad Max: Fury Road*, *Star Wars*, *The Big Short* Land ACE Eddie Editing Nominations\"](https:\/\/collider.com\/ace-eddie-awards-2016-star-wars-the-force-awakens\/). *[Collider](https:\/\/en.wikipedia.org\/wiki\/Collider_\$website\$ \"Collider (website)\")*. [Archived](https:\/\/web.archive.org\/web\/20200109163635\/https:\/\/collider.com\/ace-eddie-awards-2016-star-wars-the-force-awakens\/) from the original on January 9, 2020. Retrieved January 13, 2015.\n48. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-48)**\n    [\"Spotlight wins top prize from the Los Angeles Film Critics Association\"](https:\/\/www.ew.com\/article\/2015\/12\/06\/los-angeles-film-critics-association-awards-winners-2015). *Entertainment Weekly*. December 6, 2015. [Archived](https:\/\/web.archive.org\/web\/20151207133302\/http:\/\/www.ew.com\/article\/2015\/12\/06\/los-angeles-film-critics-association-awards-winners-2015) from the original on December 7, 2015. Retrieved January 22, 2018.\n49. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-49)**\n    Hammond, Pete; Andreeva, Nellie (December 16, 2015). [\"AFI Awards: Disney & Majors Dominate Film; Rookies Shine On TV Side\"](https:\/\/deadline.com\/2015\/12\/afi-awards-best-films-television-2015-1201668201\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. [Archived](https:\/\/web.archive.org\/web\/20200425134843\/https:\/\/deadline.com\/2015\/12\/afi-awards-best-films-television-2015-1201668201\/) from the original on April 25, 2020. Retrieved January 22, 2018.\n50. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-50)**\n    [\"Nominees Announced For Theatrical Motion Picture, Animated Motion Picture, And Long–Form TV\"](http:\/\/www.producersguild.org\/news\/267997\/Nominees-Announced-For-Theatrical-Motion-Picture-Animated-Motion-Picture-And-Long-Form-TV-.htm). [Producers Guild of America](https:\/\/en.wikipedia.org\/wiki\/Producers_Guild_of_America \"Producers Guild of America\"). [Archived](https:\/\/web.archive.org\/web\/20160108025631\/http:\/\/www.producersguild.org\/news\/267997\/Nominees-Announced-For-Theatrical-Motion-Picture-Animated-Motion-Picture-And-Long-Form-TV-.htm) from the original on January 8, 2016. Retrieved January 22, 2018.\n51. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-51)**\n    Lewis, Hilary (December 1, 2015). [\"'Mad Max: Fury Road' Named Best Film by National Board of Review\"](https:\/\/www.hollywoodreporter.com\/news\/national-board-review-2015-winners-844862). *[The Hollywood Reporter](https:\/\/en.wikipedia.org\/wiki\/The_Hollywood_Reporter \"The Hollywood Reporter\")*. [Archived](https:\/\/web.archive.org\/web\/20151203220125\/http:\/\/www.hollywoodreporter.com\/news\/national-board-review-2015-winners-844862) from the original on December 3, 2015. Retrieved January 22, 2018.\n\n## External links\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=18 \"Edit section: External links\")\\]\n\n![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/f\/fa\/Wikiquote-logo.svg\/40px-Wikiquote-logo.svg.png)\n\nWikiquote has quotations related to ***[The Big Short](https:\/\/en.wikiquote.org\/wiki\/The_Big_Short_\$film\$ \"q:The Big Short (film)\")***.\n\n- [Official website](https:\/\/web.archive.org\/web\/20160303180208\/http:\/\/www.thebigshortmovie.com\/) at the [Wayback Machine](https:\/\/en.wikipedia.org\/wiki\/Wayback_Machine \"Wayback Machine\") (archived March 3, 2016)\n- [*The Big Short*](https:\/\/www.imdb.com\/title\/tt1596363\/) at [IMDb](https:\/\/en.wikipedia.org\/wiki\/IMDb_\$identifier\$ \"IMDb (identifier)\")\n- [*The Big Short*](https:\/\/www.boxofficemojo.com\/movies\/?id=bigshort.htm) at [Box Office Mojo](https:\/\/en.wikipedia.org\/wiki\/Box_Office_Mojo \"Box Office Mojo\")\n- [*The Big Short*](https:\/\/www.rottentomatoes.com\/m\/the_big_short) at [Rotten Tomatoes](https:\/\/en.wikipedia.org\/wiki\/Rotten_Tomatoes \"Rotten Tomatoes\")\n- *[The Big Short](https:\/\/www.metacritic.com\/movie\/the-big-short)* at [Metacritic](https:\/\/en.wikipedia.org\/wiki\/Metacritic \"Metacritic\") [![Edit this at Wikidata](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/8\/8a\/OOjs_UI_icon_edit-ltr-progressive.svg\/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png)](https:\/\/www.wikidata.org\/wiki\/Q19850715#P1712 \"Edit this at Wikidata\")\n- [\"The Big Short\" at Second City Tzivi](http:\/\/ff2media.com\/secondcitytzivi\/2015\/12\/11\/the-big-short\/) [Archived](https:\/\/web.archive.org\/web\/20190927202316\/https:\/\/ff2media.com\/secondcitytzivi\/2015\/12\/11\/the-big-short\/) September 27, 2019, at the [Wayback Machine](https:\/\/en.wikipedia.org\/wiki\/Wayback_Machine \"Wayback Machine\")\n\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:Adam_McKay \"Template:Adam McKay\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:Adam_McKay \"Template talk:Adam McKay\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:Adam_McKay \"Special:EditPage\/Template:Adam McKay\")[Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") |   |\n|---|---|\n| [Awards and nominations](https:\/\/en.wikipedia.org\/wiki\/List_of_awards_and_nominations_received_by_Adam_McKay \"List of awards and nominations received by Adam McKay\") |   |\n| Films written and directed | *[Anchorman: The Legend of Ron Burgundy](https:\/\/en.wikipedia.org\/wiki\/Anchorman:_The_Legend_of_Ron_Burgundy \"Anchorman: The Legend of Ron Burgundy\")* (2004) *[Wake Up, Ron Burgundy: The Lost Movie](https:\/\/en.wikipedia.org\/wiki\/Wake_Up,_Ron_Burgundy:_The_Lost_Movie \"Wake Up, Ron Burgundy: The Lost Movie\")* (2004) *[Talladega Nights: The Ballad of Ricky Bobby](https:\/\/en.wikipedia.org\/wiki\/Talladega_Nights:_The_Ballad_of_Ricky_Bobby \"Talladega Nights: The Ballad of Ricky Bobby\")* (2006) *[Step Brothers](https:\/\/en.wikipedia.org\/wiki\/Step_Brothers_\$film\$ \"Step Brothers (film)\")* (2008) *[The Other Guys](https:\/\/en.wikipedia.org\/wiki\/The_Other_Guys \"The Other Guys\")* (2010) *[Anchorman 2: The Legend Continues](https:\/\/en.wikipedia.org\/wiki\/Anchorman_2:_The_Legend_Continues \"Anchorman 2: The Legend Continues\")* (2013) *[The Big Short]()* (2015) *[Vice](https:\/\/en.wikipedia.org\/wiki\/Vice_\$2018_film\$ \"Vice (2018 film)\")* (2018) *[Don't Look Up](https:\/\/en.wikipedia.org\/wiki\/Don%27t_Look_Up \"Don't Look Up\")* (2021) |\n| Films written | *[The Campaign](https:\/\/en.wikipedia.org\/wiki\/The_Campaign_\$film\$ \"The Campaign (film)\")* (2012) *[Get Hard](https:\/\/en.wikipedia.org\/wiki\/Get_Hard \"Get Hard\")* (2015) *[Ant-Man](https:\/\/en.wikipedia.org\/wiki\/Ant-Man_\$film\$ \"Ant-Man (film)\")* (2015) |\n| Related | *[The Landlord](https:\/\/en.wikipedia.org\/wiki\/The_Landlord_\$2007_film\$ \"The Landlord (2007 film)\")* (2007 short film) [Funny or Die](https:\/\/en.wikipedia.org\/wiki\/Funny_or_Die \"Funny or Die\") [Gary Sanchez Productions](https:\/\/en.wikipedia.org\/wiki\/Gary_Sanchez_Productions \"Gary Sanchez Productions\") [Hyperobject Industries](https:\/\/en.wikipedia.org\/wiki\/Hyperobject_Industries \"Hyperobject Industries\") [Adam McKay's unrealized projects](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay%27s_unrealized_projects \"Adam McKay's unrealized projects\") |\n\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:Plan_B_Entertainment \"Template:Plan B Entertainment\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:Plan_B_Entertainment \"Template talk:Plan B Entertainment\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:Plan_B_Entertainment \"Special:EditPage\/Template:Plan B Entertainment\")[Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") |   |\n|---|---|\n| Films | *[Troy](https:\/\/en.wikipedia.org\/wiki\/Troy_\$film\$ \"Troy (film)\")* (2004) *[Charlie and the Chocolate Factory](https:\/\/en.wikipedia.org\/wiki\/Charlie_and_the_Chocolate_Factory_\$film\$ \"Charlie and the Chocolate Factory (film)\")* (2005) *[The Departed](https:\/\/en.wikipedia.org\/wiki\/The_Departed \"The Departed\")* (2006) *[Running with Scissors](https:\/\/en.wikipedia.org\/wiki\/Running_with_Scissors_\$film\$ \"Running with Scissors (film)\")* (2006) *[Year of the Dog](https:\/\/en.wikipedia.org\/wiki\/Year_of_the_Dog_\$film\$ \"Year of the Dog (film)\")* (2007) *[A Mighty Heart](https:\/\/en.wikipedia.org\/wiki\/A_Mighty_Heart_\$film\$ \"A Mighty Heart (film)\")* (2007) *[The Assassination of Jesse James by the Coward Robert Ford](https:\/\/en.wikipedia.org\/wiki\/The_Assassination_of_Jesse_James_by_the_Coward_Robert_Ford \"The Assassination of Jesse James by the Coward Robert Ford\")* (2007) *[The Private Lives of Pippa Lee](https:\/\/en.wikipedia.org\/wiki\/The_Private_Lives_of_Pippa_Lee \"The Private Lives of Pippa Lee\")* (2009) *[The Time Traveler's Wife](https:\/\/en.wikipedia.org\/wiki\/The_Time_Traveler%27s_Wife_\$film\$ \"The Time Traveler's Wife (film)\")* (2009) *[Kick-Ass](https:\/\/en.wikipedia.org\/wiki\/Kick-Ass_\$film\$ \"Kick-Ass (film)\")* (2010) *[Eat Pray Love](https:\/\/en.wikipedia.org\/wiki\/Eat_Pray_Love \"Eat Pray Love\")* (2010) *[The Tree of Life](https:\/\/en.wikipedia.org\/wiki\/The_Tree_of_Life_\$film\$ \"The Tree of Life (film)\")* (2011) *[Moneyball](https:\/\/en.wikipedia.org\/wiki\/Moneyball_\$film\$ \"Moneyball (film)\")* (2011) *[Killing Them Softly](https:\/\/en.wikipedia.org\/wiki\/Killing_Them_Softly \"Killing Them Softly\")* (2012) *[Kick-Ass 2](https:\/\/en.wikipedia.org\/wiki\/Kick-Ass_2_\$film\$ \"Kick-Ass 2 (film)\")* (2013) *[World War Z](https:\/\/en.wikipedia.org\/wiki\/World_War_Z_\$film\$ \"World War Z (film)\")* (2013) *[12 Years a Slave](https:\/\/en.wikipedia.org\/wiki\/12_Years_a_Slave_\$film\$ \"12 Years a Slave (film)\")* (2013) *[Selma](https:\/\/en.wikipedia.org\/wiki\/Selma_\$film\$ \"Selma (film)\")* (2014) *[True Story](https:\/\/en.wikipedia.org\/wiki\/True_Story_\$film\$ \"True Story (film)\")* (2015) *[The Big Short]()* (2015) *[Moonlight](https:\/\/en.wikipedia.org\/wiki\/Moonlight_\$2016_film\$ \"Moonlight (2016 film)\")* (2016) *[The Lost City of Z](https:\/\/en.wikipedia.org\/wiki\/The_Lost_City_of_Z_\$film\$ \"The Lost City of Z (film)\")* (2016) *[Voyage of Time](https:\/\/en.wikipedia.org\/wiki\/Voyage_of_Time \"Voyage of Time\")* (2016) *[War Machine](https:\/\/en.wikipedia.org\/wiki\/War_Machine_\$2017_film\$ \"War Machine (2017 film)\")* (2017) *[Okja](https:\/\/en.wikipedia.org\/wiki\/Okja \"Okja\")* (2017) *[Brad's Status](https:\/\/en.wikipedia.org\/wiki\/Brad%27s_Status \"Brad's Status\")* (2017) *[Beautiful Boy](https:\/\/en.wikipedia.org\/wiki\/Beautiful_Boy_\$2018_film\$ \"Beautiful Boy (2018 film)\")* (2018) *[If Beale Street Could Talk](https:\/\/en.wikipedia.org\/wiki\/If_Beale_Street_Could_Talk_\$film\$ \"If Beale Street Could Talk (film)\")* (2018) *[Vice](https:\/\/en.wikipedia.org\/wiki\/Vice_\$2018_film\$ \"Vice (2018 film)\")* (2018) *[The Last Black Man in San Francisco](https:\/\/en.wikipedia.org\/wiki\/The_Last_Black_Man_in_San_Francisco \"The Last Black Man in San Francisco\")* (2019) *[Ad Astra](https:\/\/en.wikipedia.org\/wiki\/Ad_Astra_\$film\$ \"Ad Astra (film)\")* (2019) *[The King](https:\/\/en.wikipedia.org\/wiki\/The_King_\$2019_film\$ \"The King (2019 film)\")* (2019) *[Irresistible](https:\/\/en.wikipedia.org\/wiki\/Irresistible_\$2020_film\$ \"Irresistible (2020 film)\")* (2020) *[Kajillionaire](https:\/\/en.wikipedia.org\/wiki\/Kajillionaire \"Kajillionaire\")* (2020) *[Minari](https:\/\/en.wikipedia.org\/wiki\/Minari_\$film\$ \"Minari (film)\")* (2020) *[Father of the Bride](https:\/\/en.wikipedia.org\/wiki\/Father_of_the_Bride_\$2022_film\$ \"Father of the Bride (2022 film)\")* (2022) *[Blonde](https:\/\/en.wikipedia.org\/wiki\/Blonde_\$2022_film\$ \"Blonde (2022 film)\")* (2022) *[She Said](https:\/\/en.wikipedia.org\/wiki\/She_Said_\$film\$ \"She Said (film)\")* (2022) *[Women Talking](https:\/\/en.wikipedia.org\/wiki\/Women_Talking_\$film\$ \"Women Talking (film)\")* (2022) *[Landscape with Invisible Hand](https:\/\/en.wikipedia.org\/wiki\/Landscape_with_Invisible_Hand \"Landscape with Invisible Hand\")* (2023) *[Bob Marley: One Love](https:\/\/en.wikipedia.org\/wiki\/Bob_Marley:_One_Love \"Bob Marley: One Love\")* (2024) *[Beetlejuice Beetlejuice](https:\/\/en.wikipedia.org\/wiki\/Beetlejuice_Beetlejuice \"Beetlejuice Beetlejuice\")* (2024) *[Nickel Boys](https:\/\/en.wikipedia.org\/wiki\/Nickel_Boys \"Nickel Boys\")* (2024) *[Wolfs](https:\/\/en.wikipedia.org\/wiki\/Wolfs_\$film\$ \"Wolfs (film)\")* (2024) *[Mickey 17](https:\/\/en.wikipedia.org\/wiki\/Mickey_17 \"Mickey 17\")* (2025) *[F1](https:\/\/en.wikipedia.org\/wiki\/F1_\$film\$ \"F1 (film)\")* (2025) *[Hedda](https:\/\/en.wikipedia.org\/wiki\/Hedda_\$2025_film\$ \"Hedda (2025 film)\")* (2025) *[H Is for Hawk](https:\/\/en.wikipedia.org\/wiki\/H_Is_for_Hawk_\$film\$ \"H Is for Hawk (film)\")* (2025) *[Teenage Sex and Death at Camp Miasma](https:\/\/en.wikipedia.org\/wiki\/Teenage_Sex_and_Death_at_Camp_Miasma \"Teenage Sex and Death at Camp Miasma\")* (2026) |\n| People | [Jennifer Aniston](https:\/\/en.wikipedia.org\/wiki\/Jennifer_Aniston \"Jennifer Aniston\") (founder) [Brad Grey](https:\/\/en.wikipedia.org\/wiki\/Brad_Grey \"Brad Grey\") (founder) [Kristin Hahn](https:\/\/en.wikipedia.org\/wiki\/Kristin_Hahn \"Kristin Hahn\") (founder) [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") (founder) [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\") (co-president) [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\") (co-president) |\n| Owner | [Mediawan](https:\/\/en.wikipedia.org\/wiki\/Mediawan \"Mediawan\") |\n\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:Michael_Lewis \"Template:Michael Lewis\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:Michael_Lewis \"Template talk:Michael Lewis\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:Michael_Lewis \"Special:EditPage\/Template:Michael Lewis\")Works by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\") |   |\n|---|---|\n| Books | *[Liar's Poker](https:\/\/en.wikipedia.org\/wiki\/Liar%27s_Poker \"Liar's Poker\")* *[Trail Fever](https:\/\/en.wikipedia.org\/wiki\/Trail_Fever \"Trail Fever\")* (aka *Losers*) *[The New New Thing](https:\/\/en.wikipedia.org\/wiki\/The_New_New_Thing \"The New New Thing\")* *[Next](https:\/\/en.wikipedia.org\/wiki\/Next:_The_Future_Just_Happened \"Next: The Future Just Happened\")* *[Moneyball](https:\/\/en.wikipedia.org\/wiki\/Moneyball:_The_Art_of_Winning_an_Unfair_Game \"Moneyball: The Art of Winning an Unfair Game\")* *[The Blind Side](https:\/\/en.wikipedia.org\/wiki\/The_Blind_Side:_Evolution_of_a_Game \"The Blind Side: Evolution of a Game\")* *[Panic](https:\/\/en.wikipedia.org\/wiki\/Panic:_The_Story_of_Modern_Financial_Insanity \"Panic: The Story of Modern Financial Insanity\")* *[The Big Short](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\")* *[Boomerang](https:\/\/en.wikipedia.org\/wiki\/Boomerang:_Travels_in_the_New_Third_World \"Boomerang: Travels in the New Third World\")* *[Flash Boys](https:\/\/en.wikipedia.org\/wiki\/Flash_Boys \"Flash Boys\")* *[The Undoing Project](https:\/\/en.wikipedia.org\/wiki\/The_Undoing_Project \"The Undoing Project\")* *[The Fifth Risk](https:\/\/en.wikipedia.org\/wiki\/The_Fifth_Risk \"The Fifth Risk\")* *[The Premonition](https:\/\/en.wikipedia.org\/wiki\/The_Premonition_\$Lewis_book\$ \"The Premonition (Lewis book)\")* *[Going Infinite](https:\/\/en.wikipedia.org\/wiki\/Going_Infinite \"Going Infinite\")* |\n| Film adaptations | *[The Blind Side](https:\/\/en.wikipedia.org\/wiki\/The_Blind_Side_\$film\$ \"The Blind Side (film)\")* *[Moneyball](https:\/\/en.wikipedia.org\/wiki\/Moneyball_\$film\$ \"Moneyball (film)\")* *[The Big Short]()* *[Radical Wolfe](https:\/\/en.wikipedia.org\/wiki\/Radical_Wolfe \"Radical Wolfe\")* |\n\n| [Awards for *The Big Short*](https:\/\/en.wikipedia.org\/wiki\/List_of_accolades_received_by_The_Big_Short_\$film\$ \"List of accolades received by The Big Short (film)\") |\n|---|\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:Critics%27_Choice_Movie_Award_for_Best_Comedy \"Template:Critics' Choice Movie Award for Best Comedy\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:Critics%27_Choice_Movie_Award_for_Best_Comedy \"Template talk:Critics' Choice Movie Award for Best Comedy\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:Critics%27_Choice_Movie_Award_for_Best_Comedy \"Special:EditPage\/Template:Critics' Choice Movie Award for Best Comedy\")[Critics' Choice Movie Award for Best Comedy](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Comedy \"Critics' Choice Movie Award for Best Comedy\") |\n| *[The 40-Year-Old Virgin](https:\/\/en.wikipedia.org\/wiki\/The_40-Year-Old_Virgin \"The 40-Year-Old Virgin\")* (2005) *[Borat](https:\/\/en.wikipedia.org\/wiki\/Borat \"Borat\")* (2006) *[Juno](https:\/\/en.wikipedia.org\/wiki\/Juno_\$film\$ \"Juno (film)\")* (2007) *[Tropic Thunder](https:\/\/en.wikipedia.org\/wiki\/Tropic_Thunder \"Tropic Thunder\")* (2008) *[The Hangover](https:\/\/en.wikipedia.org\/wiki\/The_Hangover \"The Hangover\")* (2009) *[Easy A](https:\/\/en.wikipedia.org\/wiki\/Easy_A \"Easy A\")* (2010) *[Bridesmaids](https:\/\/en.wikipedia.org\/wiki\/Bridesmaids_\$2011_film\$ \"Bridesmaids (2011 film)\")* (2011) *[Silver Linings Playbook](https:\/\/en.wikipedia.org\/wiki\/Silver_Linings_Playbook \"Silver Linings Playbook\")* (2012) *[American Hustle](https:\/\/en.wikipedia.org\/wiki\/American_Hustle \"American Hustle\")* (2013) *[The Grand Budapest Hotel](https:\/\/en.wikipedia.org\/wiki\/The_Grand_Budapest_Hotel \"The Grand Budapest Hotel\")* (2014) *[The Big Short]()* (2015) *[Deadpool](https:\/\/en.wikipedia.org\/wiki\/Deadpool_\$film\$ \"Deadpool (film)\")* (2016) *[The Big Sick](https:\/\/en.wikipedia.org\/wiki\/The_Big_Sick \"The Big Sick\")* (2017) *[Crazy Rich Asians](https:\/\/en.wikipedia.org\/wiki\/Crazy_Rich_Asians \"Crazy Rich Asians\")* (2018) *[Dolemite Is My Name](https:\/\/en.wikipedia.org\/wiki\/Dolemite_Is_My_Name \"Dolemite Is My Name\")* (2019) *[Palm Springs](https:\/\/en.wikipedia.org\/wiki\/Palm_Springs_\$2020_film\$ \"Palm Springs (2020 film)\")* (2020) *[Licorice Pizza](https:\/\/en.wikipedia.org\/wiki\/Licorice_Pizza \"Licorice Pizza\")* (2021) *[Glass Onion: A Knives Out Mystery](https:\/\/en.wikipedia.org\/wiki\/Glass_Onion:_A_Knives_Out_Mystery \"Glass Onion: A Knives Out Mystery\")* (2022) *[Barbie](https:\/\/en.wikipedia.org\/wiki\/Barbie_\$film\$ \"Barbie (film)\")* (2023) *[Deadpool & Wolverine](https:\/\/en.wikipedia.org\/wiki\/Deadpool_%26_Wolverine \"Deadpool & Wolverine\")* \/ *[A Real Pain](https:\/\/en.wikipedia.org\/wiki\/A_Real_Pain \"A Real Pain\")* (2024) *[The Naked Gun](https:\/\/en.wikipedia.org\/wiki\/The_Naked_Gun_\$2025_film\$ \"The Naked Gun (2025 film)\")* (2025) |\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:National_Board_of_Review_Award_for_Best_Cast \"Template:National Board of Review Award for Best Cast\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:National_Board_of_Review_Award_for_Best_Cast \"Template talk:National Board of Review Award for Best Cast\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:National_Board_of_Review_Award_for_Best_Cast \"Special:EditPage\/Template:National Board of Review Award for Best Cast\")[National Board of Review Award for Best Ensemble Cast](https:\/\/en.wikipedia.org\/wiki\/National_Board_of_Review_Award_for_Best_Cast \"National Board of Review Award for Best Cast\") |\n| *[Prêt-à-Porter](https:\/\/en.wikipedia.org\/wiki\/Pr%C3%AAt-%C3%A0-Porter_\$film\$ \"Prêt-à-Porter (film)\")* (1994) *[The Usual Suspects](https:\/\/en.wikipedia.org\/wiki\/The_Usual_Suspects \"The Usual Suspects\")* (1995) *[The First Wives Club](https:\/\/en.wikipedia.org\/wiki\/The_First_Wives_Club \"The First Wives Club\")* (1996) *[The Sweet Hereafter](https:\/\/en.wikipedia.org\/wiki\/The_Sweet_Hereafter_\$film\$ \"The Sweet Hereafter (film)\")* (1997) *[Happiness](https:\/\/en.wikipedia.org\/wiki\/Happiness_\$1998_film\$ \"Happiness (1998 film)\")* (1998) *[Magnolia](https:\/\/en.wikipedia.org\/wiki\/Magnolia_\$film\$ \"Magnolia (film)\")* (1999) *[State and Main](https:\/\/en.wikipedia.org\/wiki\/State_and_Main \"State and Main\")* (2000) *[Last Orders](https:\/\/en.wikipedia.org\/wiki\/Last_Orders_\$film\$ \"Last Orders (film)\")* (2001) *[Nicholas Nickleby](https:\/\/en.wikipedia.org\/wiki\/Nicholas_Nickleby_\$2002_film\$ \"Nicholas Nickleby (2002 film)\")* (2002) *[The Lord of the Rings: The Return of the King](https:\/\/en.wikipedia.org\/wiki\/The_Lord_of_the_Rings:_The_Return_of_the_King \"The Lord of the Rings: The Return of the King\")* (2003) *[Closer](https:\/\/en.wikipedia.org\/wiki\/Closer_\$film\$ \"Closer (film)\")* (2004) *[Mrs Henderson Presents](https:\/\/en.wikipedia.org\/wiki\/Mrs_Henderson_Presents \"Mrs Henderson Presents\")* (2005) *[The Departed](https:\/\/en.wikipedia.org\/wiki\/The_Departed \"The Departed\")* (2006) *[No Country for Old Men](https:\/\/en.wikipedia.org\/wiki\/No_Country_for_Old_Men \"No Country for Old Men\")* (2007) *[Doubt](https:\/\/en.wikipedia.org\/wiki\/Doubt_\$2008_film\$ \"Doubt (2008 film)\")* (2008) *[It's Complicated](https:\/\/en.wikipedia.org\/wiki\/It%27s_Complicated_\$film\$ \"It's Complicated (film)\")* (2009) *[The Town](https:\/\/en.wikipedia.org\/wiki\/The_Town_\$2010_film\$ \"The Town (2010 film)\")* (2010) *[The Help](https:\/\/en.wikipedia.org\/wiki\/The_Help_\$film\$ \"The Help (film)\")* (2011) *[Les Misérables](https:\/\/en.wikipedia.org\/wiki\/Les_Mis%C3%A9rables_\$2012_film\$ \"Les Misérables (2012 film)\")* (2012) *[Prisoners](https:\/\/en.wikipedia.org\/wiki\/Prisoners_\$2013_film\$ \"Prisoners (2013 film)\")* (2013) *[Fury](https:\/\/en.wikipedia.org\/wiki\/Fury_\$2014_film\$ \"Fury (2014 film)\")* (2014) *[The Big Short]()* (2015) *[Hidden Figures](https:\/\/en.wikipedia.org\/wiki\/Hidden_Figures \"Hidden Figures\")* (2016) *[Get Out](https:\/\/en.wikipedia.org\/wiki\/Get_Out \"Get Out\")* (2017) *[Crazy Rich Asians](https:\/\/en.wikipedia.org\/wiki\/Crazy_Rich_Asians \"Crazy Rich Asians\")* (2018) *[Knives Out](https:\/\/en.wikipedia.org\/wiki\/Knives_Out \"Knives Out\")* (2019) *[Da 5 Bloods](https:\/\/en.wikipedia.org\/wiki\/Da_5_Bloods \"Da 5 Bloods\")* (2020) *[The Harder They Fall](https:\/\/en.wikipedia.org\/wiki\/The_Harder_They_Fall_\$2021_film\$ \"The Harder They Fall (2021 film)\")* (2021) *[Women Talking](https:\/\/en.wikipedia.org\/wiki\/Women_Talking_\$film\$ \"Women Talking (film)\")* (2022) *[The Iron Claw](https:\/\/en.wikipedia.org\/wiki\/The_Iron_Claw_\$film\$ \"The Iron Claw (film)\")*  (2023) *[Conclave](https:\/\/en.wikipedia.org\/wiki\/Conclave_\$film\$ \"Conclave (film)\")* (2024) |\n| [v](https:\/\/en.wikipedia.org\/wiki\/Template:Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture \"Template:Producers Guild of America Award for Best Theatrical Motion Picture\") [t](https:\/\/en.wikipedia.org\/wiki\/Template_talk:Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture \"Template talk:Producers Guild of America Award for Best Theatrical Motion Picture\") [e](https:\/\/en.wikipedia.org\/wiki\/Special:EditPage\/Template:Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture \"Special:EditPage\/Template:Producers Guild of America Award for Best Theatrical Motion Picture\")[Producers Guild of America Award for Best Theatrical Motion Picture](https:\/\/en.wikipedia.org\/wiki\/Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture \"Producers Guild of America Award for Best Theatrical Motion Picture\") |\n| *[Driving Miss Daisy](https:\/\/en.wikipedia.org\/wiki\/Driving_Miss_Daisy \"Driving Miss Daisy\")* (1989) *[Dances With Wolves](https:\/\/en.wikipedia.org\/wiki\/Dances_With_Wolves \"Dances With Wolves\")* (1990) *[The Silence of the Lambs](https:\/\/en.wikipedia.org\/wiki\/The_Silence_of_the_Lambs_\$film\$ \"The Silence of the Lambs (film)\")* (1991) *[The Crying Game](https:\/\/en.wikipedia.org\/wiki\/The_Crying_Game \"The Crying Game\")* (1992) *[Schindler's List](https:\/\/en.wikipedia.org\/wiki\/Schindler%27s_List \"Schindler's List\")* (1993) *[Forrest Gump](https:\/\/en.wikipedia.org\/wiki\/Forrest_Gump \"Forrest Gump\")* (1994) *[Apollo 13](https:\/\/en.wikipedia.org\/wiki\/Apollo_13_\$film\$ \"Apollo 13 (film)\")* (1995) *[The English Patient](https:\/\/en.wikipedia.org\/wiki\/The_English_Patient_\$film\$ \"The English Patient (film)\")* (1996) *[Titanic](https:\/\/en.wikipedia.org\/wiki\/Titanic_\$1997_film\$ \"Titanic (1997 film)\")* (1997) *[Saving Private Ryan](https:\/\/en.wikipedia.org\/wiki\/Saving_Private_Ryan \"Saving Private Ryan\")* (1998) *[American Beauty](https:\/\/en.wikipedia.org\/wiki\/American_Beauty_\$1999_film\$ \"American Beauty (1999 film)\")* (1999) *[Gladiator](https:\/\/en.wikipedia.org\/wiki\/Gladiator_\$2000_film\$ \"Gladiator (2000 film)\")* (2000) *[Moulin Rouge\\!](https:\/\/en.wikipedia.org\/wiki\/Moulin_Rouge! \"Moulin Rouge!\")* (2001) *[Chicago](https:\/\/en.wikipedia.org\/wiki\/Chicago_\$2002_film\$ \"Chicago (2002 film)\")* (2002) *[The Lord of the Rings: The Return of the King](https:\/\/en.wikipedia.org\/wiki\/The_Lord_of_the_Rings:_The_Return_of_the_King \"The Lord of the Rings: The Return of the King\")* (2003) *[The Aviator](https:\/\/en.wikipedia.org\/wiki\/The_Aviator_\$2004_film\$ \"The Aviator (2004 film)\")* (2004) *[Brokeback Mountain](https:\/\/en.wikipedia.org\/wiki\/Brokeback_Mountain \"Brokeback Mountain\")* (2005) *[Little Miss Sunshine](https:\/\/en.wikipedia.org\/wiki\/Little_Miss_Sunshine \"Little Miss Sunshine\")* (2006) *[No Country for Old Men](https:\/\/en.wikipedia.org\/wiki\/No_Country_for_Old_Men \"No Country for Old Men\")* (2007) *[Slumdog Millionaire](https:\/\/en.wikipedia.org\/wiki\/Slumdog_Millionaire \"Slumdog Millionaire\")* (2008) *[The Hurt Locker](https:\/\/en.wikipedia.org\/wiki\/The_Hurt_Locker \"The Hurt Locker\")* (2009) *[The King's Speech](https:\/\/en.wikipedia.org\/wiki\/The_King%27s_Speech \"The King's Speech\")* (2010) *[The Artist](https:\/\/en.wikipedia.org\/wiki\/The_Artist_\$film\$ \"The Artist (film)\")* (2011) *[Argo](https:\/\/en.wikipedia.org\/wiki\/Argo_\$2012_film\$ \"Argo (2012 film)\")* (2012) *[12 Years a Slave](https:\/\/en.wikipedia.org\/wiki\/12_Years_a_Slave_\$film\$ \"12 Years a Slave (film)\")* \/ *[Gravity](https:\/\/en.wikipedia.org\/wiki\/Gravity_\$2013_film\$ \"Gravity (2013 film)\")* (2013) *[Birdman or (The Unexpected Virtue of Ignorance)](https:\/\/en.wikipedia.org\/wiki\/Birdman_\$film\$ \"Birdman (film)\")* (2014) *[The Big Short]()* (2015) *[La La Land](https:\/\/en.wikipedia.org\/wiki\/La_La_Land \"La La Land\")* (2016) *[The Shape of Water](https:\/\/en.wikipedia.org\/wiki\/The_Shape_of_Water \"The Shape of Water\")* (2017) *[Green Book](https:\/\/en.wikipedia.org\/wiki\/Green_Book_\$film\$ \"Green Book (film)\")* (2018) *[1917](https:\/\/en.wikipedia.org\/wiki\/1917_\$2019_film\$ \"1917 (2019 film)\")* (2019) *[Nomadland](https:\/\/en.wikipedia.org\/wiki\/Nomadland \"Nomadland\")* (2020) *[CODA](https:\/\/en.wikipedia.org\/wiki\/CODA_\$2021_film\$ \"CODA (2021 film)\")* (2021) *[Everything Everywhere All at Once](https:\/\/en.wikipedia.org\/wiki\/Everything_Everywhere_All_at_Once \"Everything Everywhere All at Once\")* (2022) *[Oppenheimer](https:\/\/en.wikipedia.org\/wiki\/Oppenheimer_\$film\$ \"Oppenheimer (film)\")* (2023) *[Anora](https:\/\/en.wikipedia.org\/wiki\/Anora \"Anora\")* (2024) *[One Battle After Another](https:\/\/en.wikipedia.org\/wiki\/One_Battle_After_Another \"One Battle After Another\")* (2025) |\n\n| [Authority control databases](https:\/\/en.wikipedia.org\/wiki\/Help:Authority_control \"Help:Authority control\") [![Edit this at Wikidata](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/8\/8a\/OOjs_UI_icon_edit-ltr-progressive.svg\/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png)](https:\/\/www.wikidata.org\/wiki\/Q19850715#identifiers \"Edit this at Wikidata\") |   |\n|---|---|\n| International | [VIAF](https:\/\/viaf.org\/viaf\/114145911104027060960) |\n| National | [United States](https:\/\/id.loc.gov\/authorities\/no2016084033) [Spain](https:\/\/datos.bne.es\/resource\/XX5647050) [Poland](https:\/\/dbn.bn.org.pl\/descriptor-details\/9810699777605606) [Catalonia](https:\/\/cantic.bnc.cat\/registre\/981058611041706706) |\n\n![](https:\/\/en.wikipedia.org\/wiki\/Special:CentralAutoLogin\/start?useformat=desktop&type=1x1&usesul3=1)\n\nRetrieved from \"<https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_(film)&oldid=1348859398>\"\n\n[Categories](https:\/\/en.wikipedia.org\/wiki\/Help:Category \"Help:Category\"):\n\n- [2015 films](https:\/\/en.wikipedia.org\/wiki\/Category:2015_films \"Category:2015 films\")\n- [2010s biographical films](https:\/\/en.wikipedia.org\/wiki\/Category:2010s_biographical_films \"Category:2010s biographical films\")\n- [2010s business films](https:\/\/en.wikipedia.org\/wiki\/Category:2010s_business_films \"Category:2010s business films\")\n- [2010s crime comedy-drama films](https:\/\/en.wikipedia.org\/wiki\/Category:2010s_crime_comedy-drama_films \"Category:2010s crime comedy-drama films\")\n- [American biographical films](https:\/\/en.wikipedia.org\/wiki\/Category:American_biographical_films \"Category:American biographical films\")\n- [American business films](https:\/\/en.wikipedia.org\/wiki\/Category:American_business_films \"Category:American business films\")\n- [American crime comedy-drama films](https:\/\/en.wikipedia.org\/wiki\/Category:American_crime_comedy-drama_films \"Category:American crime comedy-drama films\")\n- [BAFTA winners (films)](https:\/\/en.wikipedia.org\/wiki\/Category:BAFTA_winners_\$films\$ \"Category:BAFTA winners (films)\")\n- [Biographical films about businesspeople](https:\/\/en.wikipedia.org\/wiki\/Category:Biographical_films_about_businesspeople \"Category:Biographical films about businesspeople\")\n- [Biographical films about fraudsters](https:\/\/en.wikipedia.org\/wiki\/Category:Biographical_films_about_fraudsters \"Category:Biographical films about fraudsters\")\n- [Comedy-drama films based on actual events](https:\/\/en.wikipedia.org\/wiki\/Category:Comedy-drama_films_based_on_actual_events \"Category:Comedy-drama films based on actual events\")\n- [Crime films based on actual events](https:\/\/en.wikipedia.org\/wiki\/Category:Crime_films_based_on_actual_events \"Category:Crime films based on actual events\")\n- [Films set in the Great Recession](https:\/\/en.wikipedia.org\/wiki\/Category:Films_set_in_the_Great_Recession \"Category:Films set in the Great Recession\")\n- [Films about financial crises](https:\/\/en.wikipedia.org\/wiki\/Category:Films_about_financial_crises \"Category:Films about financial crises\")\n- [Films based on non-fiction books](https:\/\/en.wikipedia.org\/wiki\/Category:Films_based_on_non-fiction_books \"Category:Films based on non-fiction books\")\n- [Films directed by Adam 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Wikipedia® is a registered trademark of the [Wikimedia Foundation, Inc.](https:\/\/wikimediafoundation.org\/), a non-profit organization.\n\n- [Privacy policy](https:\/\/foundation.wikimedia.org\/wiki\/Special:MyLanguage\/Policy:Privacy_policy)\n- [About Wikipedia](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:About)\n- [Disclaimers](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:General_disclaimer)\n- [Contact Wikipedia](https:\/\/en.wikipedia.org\/wiki\/Wikipedia:Contact_us)\n- [Legal & safety contacts](https:\/\/foundation.wikimedia.org\/wiki\/Special:MyLanguage\/Legal:Wikimedia_Foundation_Legal_and_Safety_Contact_Information)\n- [Code of Conduct](https:\/\/foundation.wikimedia.org\/wiki\/Special:MyLanguage\/Policy:Universal_Code_of_Conduct)\n- [Developers](https:\/\/developer.wikimedia.org\/)\n- [Statistics](https:\/\/stats.wikimedia.org\/#\/en.wikipedia.org)\n- [Cookie statement](https:\/\/foundation.wikimedia.org\/wiki\/Special:MyLanguage\/Policy:Cookie_statement)\n- [Mobile view](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&mobileaction=toggle_view_mobile)\n\n- [![Wikimedia Foundation](https:\/\/en.wikipedia.org\/static\/images\/footer\/wikimedia.svg)](https:\/\/www.wikimedia.org\/)\n- [![Powered by MediaWiki](https:\/\/en.wikipedia.org\/w\/resources\/assets\/mediawiki_compact.svg)](https:\/\/www.mediawiki.org\/)\n\nSearch\n\nToggle the table of contents\n\n*The Big Short* (film)\n\n45 languages\n\n[Add topic](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$)","attrs_readable_markdown":"| The Big Short |   |\n|---|---|\n| [![](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/1\/16\/The_Big_Short_%282015_film_poster%29.png\/250px-The_Big_Short_%282015_film_poster%29.png)](https:\/\/en.wikipedia.org\/wiki\/File:The_Big_Short_\$2015_film_poster\$.png)Theatrical release poster |   |\n| Directed by | [Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") |\n| Screenplay by | [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\") Adam McKay |\n| Based on | *[The Big Short](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\")* by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\") |\n| Produced by | [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\") [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\") [Arnon Milchan](https:\/\/en.wikipedia.org\/wiki\/Arnon_Milchan \"Arnon Milchan\") |\n| Starring | [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\") [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") Brad Pitt |\n| Cinematography | [Barry Ackroyd](https:\/\/en.wikipedia.org\/wiki\/Barry_Ackroyd \"Barry Ackroyd\") |\n| Edited by | [Hank Corwin](https:\/\/en.wikipedia.org\/wiki\/Hank_Corwin \"Hank Corwin\") |\n| Music by | [Nicholas Britell](https:\/\/en.wikipedia.org\/wiki\/Nicholas_Britell \"Nicholas Britell\") |\n| Production companies | [Paramount Pictures](https:\/\/en.wikipedia.org\/wiki\/Paramount_Pictures \"Paramount Pictures\") [Regency Enterprises](https:\/\/en.wikipedia.org\/wiki\/Regency_Enterprises \"Regency Enterprises\") [Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") |\n| Distributed by | Paramount Pictures |\n| Release dates | November 12, 2015 ([AFI Fest](https:\/\/en.wikipedia.org\/wiki\/American_Film_Institute \"American Film Institute\")) December 23, 2015 (United States) |\n| Running time | 130 minutes[\\[1\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-1) |\n| Country | United States |\n| Language | English |\n| Budget | \\$50 million[\\[2\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-2) |\n| Box office | \\$133.4 million[\\[3\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-BOM-3) |\n\n***The Big Short*** is a 2015 American [biographical](https:\/\/en.wikipedia.org\/wiki\/Biographical_film \"Biographical film\") [comedy drama](https:\/\/en.wikipedia.org\/wiki\/Comedy_drama \"Comedy drama\") film directed by [Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") from a screenplay by McKay and [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\"). Based on [the 2010 book](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\") by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\"), it depicts how the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\") was triggered by the [United States housing bubble](https:\/\/en.wikipedia.org\/wiki\/2000s_United_States_housing_bubble \"2000s United States housing bubble\").[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-McKay-4) The film stars [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\"), [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\"), [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\"), and [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\"), with [John Magaro](https:\/\/en.wikipedia.org\/wiki\/John_Magaro \"John Magaro\"), [Finn Wittrock](https:\/\/en.wikipedia.org\/wiki\/Finn_Wittrock \"Finn Wittrock\"), [Hamish Linklater](https:\/\/en.wikipedia.org\/wiki\/Hamish_Linklater \"Hamish Linklater\"), [Rafe Spall](https:\/\/en.wikipedia.org\/wiki\/Rafe_Spall \"Rafe Spall\"), [Jeremy Strong](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Strong_\$actor\$ \"Jeremy Strong (actor)\"), and [Marisa Tomei](https:\/\/en.wikipedia.org\/wiki\/Marisa_Tomei \"Marisa Tomei\") in supporting roles.\n\n*The Big Short* began a [limited release](https:\/\/en.wikipedia.org\/wiki\/Limited_release \"Limited release\") in the United States on December 11, 2015, followed by a [wide release](https:\/\/en.wikipedia.org\/wiki\/Wide_release \"Wide release\") on December 23 by [Paramount Pictures](https:\/\/en.wikipedia.org\/wiki\/Paramount_Pictures \"Paramount Pictures\").[\\[5\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-5)[\\[6\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-6) A critical and commercial success, the film grossed \\$133 million on a \\$50 million budget and received acclaim for the performances of the cast (particularly those of Bale and Carell), McKay's direction, editing, and the screenplay. The film won the [Academy Award for Best Adapted Screenplay](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Adapted_Screenplay \"Academy Award for Best Adapted Screenplay\") in addition to nominations for [Best Picture](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Picture \"Academy Award for Best Picture\"), [Best Director](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Director \"Academy Award for Best Director\"), [Best Supporting Actor](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Supporting_Actor \"Academy Award for Best Supporting Actor\") (Bale), and [Best Film Editing](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Film_Editing \"Academy Award for Best Film Editing\").\n\nThe film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\").\n\nIn 2005, eccentric [hedge fund](https:\/\/en.wikipedia.org\/wiki\/Hedge_fund \"Hedge fund\") manager [Michael Burry](https:\/\/en.wikipedia.org\/wiki\/Michael_Burry \"Michael Burry\") discovers that the United States [housing market](https:\/\/en.wikipedia.org\/wiki\/Real_estate_economics \"Real estate economics\"), based on high-risk [subprime loans](https:\/\/en.wikipedia.org\/wiki\/Subprime_lending \"Subprime lending\"), is [extremely unstable](https:\/\/en.wikipedia.org\/wiki\/Economic_bubble \"Economic bubble\"). Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from [adjustable-rate mortgages](https:\/\/en.wikipedia.org\/wiki\/Adjustable-rate_mortgage \"Adjustable-rate mortgage\"), he proposes to create a [credit default swap](https:\/\/en.wikipedia.org\/wiki\/Credit_default_swap \"Credit default swap\") (CDS) market for [mortgage-backed securities](https:\/\/en.wikipedia.org\/wiki\/Mortgage-backed_securities \"Mortgage-backed securities\") (MBSs), allowing him to bet against, or [short](https:\/\/en.wikipedia.org\/wiki\/Short_\$finance\$ \"Short (finance)\"), MBSs for profit.\n\nHis long-term bet, exceeding \\$1 billion, is accepted by major [investment](https:\/\/en.wikipedia.org\/wiki\/Investment_bank \"Investment bank\") and [commercial banks](https:\/\/en.wikipedia.org\/wiki\/Commercial_bank \"Commercial bank\") such as [Goldman Sachs](https:\/\/en.wikipedia.org\/wiki\/Goldman_Sachs \"Goldman Sachs\"), but requires paying substantial monthly [premiums](https:\/\/en.wikipedia.org\/wiki\/Insurance \"Insurance\"). This sparks his main client, Lawrence Fields, to accuse him of \"wasting\" [capital](https:\/\/en.wikipedia.org\/wiki\/Capital_asset \"Capital asset\") while many clients demand that he reverse and sell, but Burry refuses. Under pressure, he eventually restricts withdrawals, angering investors, and Fields sues Burry. Eventually, the [2008 financial crisis](https:\/\/en.wikipedia.org\/wiki\/2008_financial_crisis \"2008 financial crisis\") began and his fund's value increases by 489% with an overall profit (even allowing for the massive premiums) of over \\$2.69 billion, with Fields alone receiving \\$489 million.\n\n### FrontPoint Partners\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=3 \"Edit section: FrontPoint Partners\")\\]\n\nJared Vennett (based on [Greg Lippmann](https:\/\/en.wikipedia.org\/wiki\/Greg_Lippmann \"Greg Lippmann\")),[\\[7\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CarellCast-7) the executive in charge of global asset-backed securities trading at [Deutsche Bank](https:\/\/en.wikipedia.org\/wiki\/Deutsche_Bank \"Deutsche Bank\"),[\\[8\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-8) is one of the first bankers to understand Burry's analysis, learning from one of the bankers who sold Burry an early CDS. Using his [quant](https:\/\/en.wikipedia.org\/wiki\/Quantitative_analyst \"Quantitative analyst\") to verify that Burry is most likely correct, he decides to enter the market and purchase CDSs himself. However, his large monthly premiums result in him looking to reduce the size of his position by selling CDSs. A misplaced phone call alerts [FrontPoint Partners](https:\/\/en.wikipedia.org\/wiki\/FrontPoint_Partners \"FrontPoint Partners\") hedge fund manager Mark Baum (based on [Steve Eisman](https:\/\/en.wikipedia.org\/wiki\/Steve_Eisman \"Steve Eisman\")), who is motivated to buy swaps from Vennett due to his low regard for banks' ethics and business models. Vennett explains that the packaging of subprime loans into [collateralized debt obligations](https:\/\/en.wikipedia.org\/wiki\/Collateralized_debt_obligation \"Collateralized debt obligation\") (CDOs) rated [AAA](https:\/\/en.wikipedia.org\/wiki\/Bond_credit_rating#Credit_rating_tiers \"Bond credit rating\") will guarantee their eventual collapse.\n\nConducting a field investigation in South Florida, the FrontPoint team discovers that [mortgage brokers](https:\/\/en.wikipedia.org\/wiki\/Mortgage_broker \"Mortgage broker\") are profiting by selling their mortgage deals to [Wall Street](https:\/\/en.wikipedia.org\/wiki\/Wall_Street \"Wall Street\") banks, which pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy CDSs from Vennett.\n\nIn early 2007, as these loans begin to default, CDO prices somehow rise and ratings agencies refuse to downgrade the bond ratings. Baum discovers [conflicts of interest](https:\/\/en.wikipedia.org\/wiki\/Conflicts_of_interest \"Conflicts of interest\") and [dishonesty amongst the credit rating agencies](https:\/\/en.wikipedia.org\/wiki\/Credit_rating_agencies_and_the_subprime_crisis \"Credit rating agencies and the subprime crisis\") from an acquaintance at [Standard & Poor's](https:\/\/en.wikipedia.org\/wiki\/Standard_%26_Poor%27s \"Standard & Poor's\"). Vennett invites the team to the American Securitization Forum in Las Vegas, where Baum learns from a CDO manager that the market for insuring mortgage bonds, including \"[synthetic CDOs](https:\/\/en.wikipedia.org\/wiki\/Synthetic_CDO \"Synthetic CDO\")\" which are bets in favor of the faulty mortgage bonds, is significantly larger than the market for the mortgage loans themselves, leading a horrified Baum to realize the entire world economy is set to collapse.\n\nAs the subprime bonds continue to fall, Baum learns that [Morgan Stanley](https:\/\/en.wikipedia.org\/wiki\/Morgan_Stanley \"Morgan Stanley\"), under whose umbrella FrontPoint operates, had also [taken short positions against mortgage derivatives](https:\/\/en.wikipedia.org\/wiki\/Proprietary_trading \"Proprietary trading\"). However, in order to offset the risk and the monthly premiums, it had sold short positions in higher-rated mortgage derivatives. Now that these are also collapsing in value, Morgan Stanley is facing severe [liquidity](https:\/\/en.wikipedia.org\/wiki\/Market_liquidity \"Market liquidity\") problems. Despite pressure from his staff to sell their position before Morgan Stanley collapses, Baum refuses to sell until the economy is on the verge of collapsing, making over \\$1 billion in their CDSs. Even so, Baum laments that the banks, as well as the government, will not admit what caused the economy to collapse, but will instead blame \"immigrants and poor people.\"\n\nYoung investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Fund (based on the firm [Cornwall Capital](https:\/\/en.wikipedia.org\/wiki\/Cornwall_Capital \"Cornwall Capital\")). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of [JPMorgan Chase](https:\/\/en.wikipedia.org\/wiki\/JPMorgan_Chase \"JPMorgan Chase\") (the characters address the audience stating that in reality they had heard about Vennett's plan through word-of-mouth from friends and publications), convincing them to invest in CDSs, as it fits their strategy of buying cheap insurance with big potential payouts. As they are far below the capital threshold for an [International Swaps and Derivatives Association](https:\/\/en.wikipedia.org\/wiki\/International_Swaps_and_Derivatives_Association \"International Swaps and Derivatives Association\") (ISDA) [Master Agreement](https:\/\/en.wikipedia.org\/wiki\/ISDA_Master_Agreement \"ISDA Master Agreement\") required to enter into trades like Burry's and Baum's, they enlist the aid of Ben Rickert, Shipley's neighbor and a retired securities trader who was based in [Singapore](https:\/\/en.wikipedia.org\/wiki\/Singapore \"Singapore\").\n\nWhen the bond values and CDOs rise despite defaults, Geller suspects the banks are committing fraud. The trio also visit the American Securitization Forum, where they learn that the [SEC](https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission \"U.S. Securities and Exchange Commission\") has no regulations to monitor mortgage-backed security activity. They successfully make profit by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio.\n\nLater, as home mortgage defaults increase, the price of their CDSs does not rise nor does the price of the underlying mortgage bonds drop, and they realize the banks and the ratings agencies are secretly freezing the price of their CDOs in order to sell and short them before the inevitable crash. Outraged at the banks' cheating, Geller and Shipley try to tip off the press about the upcoming disaster and the rampant fraud, but a reporter from *[The Wall Street Journal](https:\/\/en.wikipedia.org\/wiki\/The_Wall_Street_Journal \"The Wall Street Journal\")* whom they have known since college and regard as principled declines to report the story in the interest of preserving his relationships with Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their CDSs. Ultimately, they turn their \\$30 million investment into \\$80 million, but their faith in the system is broken when Ben tells them of the severe consequences for the general public.\n\nJared Vennett receives a bonus of \\$47 million for profits made on his CDSs. Mark Baum becomes more gracious from the financial fallout, and his staff continue to operate their fund. Charlie Geller and Jamie Shipley go their separate ways after unsuccessfully trying to sue the ratings agencies, with Jamie still running the fund and Charlie moving to [Charlotte](https:\/\/en.wikipedia.org\/wiki\/Charlotte,_North_Carolina \"Charlotte, North Carolina\") to start a family. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS [audits](https:\/\/en.wikipedia.org\/wiki\/Audit \"Audit\"), now investing only in water securities.\n\nThe personnel of the banks responsible for the crisis escape any consequences for their actions, with the single exception of one trader, [Kareem Serageldin](https:\/\/en.wikipedia.org\/wiki\/Kareem_Serageldin \"Kareem Serageldin\"). It is noted that as of 2015, banks are selling CDOs again under a new label: \"[Bespoke Tranche Opportunity](https:\/\/en.wikipedia.org\/wiki\/Bespoke_portfolio_\$CDO\$ \"Bespoke portfolio (CDO)\")\".\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/7\/73\/Christian_Bale_2014_%28cropped%29.jpg\/120px-Christian_Bale_2014_%28cropped%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Christian_Bale_2014_\$cropped\$.jpg)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/9\/96\/Steve_Carell_November_2014.jpg\/120px-Steve_Carell_November_2014.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Steve_Carell_November_2014.jpg)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/f\/fc\/Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg\/120px-Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Ryan_Gosling_\$36034827222\$_\$cropped\$.jpg)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/4\/4c\/Brad_Pitt_2019_by_Glenn_Francis.jpg\/120px-Brad_Pitt_2019_by_Glenn_Francis.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Brad_Pitt_2019_by_Glenn_Francis.jpg)\n\n- [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") as [Michael Burry](https:\/\/en.wikipedia.org\/wiki\/Michael_Burry \"Michael Burry\"), one of the first people to discover the American housing market bubble. Burry operates his own hedge fund, [Scion Capital](https:\/\/en.wikipedia.org\/wiki\/Scion_Capital \"Scion Capital\"), and uses his liquidity to short the housing market.\n- [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\") as Mark Baum, the leader of [FrontPoint Partners](https:\/\/en.wikipedia.org\/wiki\/FrontPoint_Partners \"FrontPoint Partners\"), a small independent trading firm. Baum is in a state of constant disgust with the American banks. The character is based on [Steve Eisman](https:\/\/en.wikipedia.org\/wiki\/Steve_Eisman \"Steve Eisman\").\n- [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") as Jared Vennett, a salesman from [Deutsche Bank](https:\/\/en.wikipedia.org\/wiki\/Deutsche_Bank \"Deutsche Bank\") who decides to sell Burry's credit default swaps for his own profit. The character of Vennett is based on [Greg Lippmann](https:\/\/en.wikipedia.org\/wiki\/Greg_Lippmann \"Greg Lippmann\").\n- [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") as Ben Rickert, a retired former trader who helps Jamie and Charlie with their trades. The character is based on Ben Hockett.\n- [John Magaro](https:\/\/en.wikipedia.org\/wiki\/John_Magaro \"John Magaro\") as Charlie Geller, one half of Brownfield Fund (based on [Cornwall Capital](https:\/\/en.wikipedia.org\/wiki\/Cornwall_Capital \"Cornwall Capital\")), who discover Vennett's prospectus and also decide to short the housing market. The character is based on Charlie Ledley.\n- [Finn Wittrock](https:\/\/en.wikipedia.org\/wiki\/Finn_Wittrock \"Finn Wittrock\") as Jamie Shipley, Charlie's partner in Brownfield Fund. The character is based on James Mai.\n- [Hamish Linklater](https:\/\/en.wikipedia.org\/wiki\/Hamish_Linklater \"Hamish Linklater\") as [Porter Collins](https:\/\/en.wikipedia.org\/wiki\/Porter_Collins \"Porter Collins\")\n- [Rafe Spall](https:\/\/en.wikipedia.org\/wiki\/Rafe_Spall \"Rafe Spall\") as Danny Moses\n- [Jeremy Strong](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Strong_\$actor\$ \"Jeremy Strong (actor)\") as Vinny Daniel\n- [Marisa Tomei](https:\/\/en.wikipedia.org\/wiki\/Marisa_Tomei \"Marisa Tomei\") as Cynthia Baum, Mark Baum's wife.\n- [Tracy Letts](https:\/\/en.wikipedia.org\/wiki\/Tracy_Letts \"Tracy Letts\") as Lawrence Fields, an investor in Burry's hedge fund, a fictional composite of [Joel Greenblatt](https:\/\/en.wikipedia.org\/wiki\/Joel_Greenblatt \"Joel Greenblatt\") and others who had invested with Burry but came to disagree with his strategy.\n- [Adepero Oduye](https:\/\/en.wikipedia.org\/wiki\/Adepero_Oduye \"Adepero Oduye\") as Kathy Tao, an employee of [Morgan Stanley](https:\/\/en.wikipedia.org\/wiki\/Morgan_Stanley \"Morgan Stanley\"), who oversees Baum's fund.\n- [Karen Gillan](https:\/\/en.wikipedia.org\/wiki\/Karen_Gillan \"Karen Gillan\") as Evie, an employee of the [SEC](https:\/\/en.wikipedia.org\/wiki\/U.S._Securities_and_Exchange_Commission \"U.S. Securities and Exchange Commission\") and Jamie's brother's ex-girlfriend, whom he meets with in Las Vegas.\n- [Byron Mann](https:\/\/en.wikipedia.org\/wiki\/Byron_Mann \"Byron Mann\") as Wing Chau, a CDO manager whom Baum interviews in Las Vegas.\n- [Melissa Leo](https:\/\/en.wikipedia.org\/wiki\/Melissa_Leo \"Melissa Leo\") as Georgia Hale, an employee of [Standard and Poor's](https:\/\/en.wikipedia.org\/wiki\/Standard_and_Poor%27s \"Standard and Poor's\") based on Ernestine Warner, who admits to giving inaccurate ratings for bonds.\n- [Jae Suh Park](https:\/\/en.wikipedia.org\/wiki\/Jae_Suh_Park \"Jae Suh Park\") as Burry's wife.\n- [Max Greenfield](https:\/\/en.wikipedia.org\/wiki\/Max_Greenfield \"Max Greenfield\") and [Billy Magnussen](https:\/\/en.wikipedia.org\/wiki\/Billy_Magnussen \"Billy Magnussen\") as mortgage brokers taking advantage of people looking for homes.\n- Stanley Wong as Ted Jiang, a [quantitative analyst](https:\/\/en.wikipedia.org\/wiki\/Quantitative_analysis_\$finance\$ \"Quantitative analysis (finance)\") working for Jared Vennett. The character is based on real 'quant' Eugene Xu.\n\nSeveral celebrities appear as themselves throughout the film in interstitials to explain different financial aspects of the film: [Margot Robbie](https:\/\/en.wikipedia.org\/wiki\/Margot_Robbie \"Margot Robbie\") appears to explain [mortgage-backed securities](https:\/\/en.wikipedia.org\/wiki\/Mortgage-backed_security \"Mortgage-backed security\"), [Anthony Bourdain](https:\/\/en.wikipedia.org\/wiki\/Anthony_Bourdain \"Anthony Bourdain\") to detail [collateralized debt obligations](https:\/\/en.wikipedia.org\/wiki\/Collateralized_debt_obligation \"Collateralized debt obligation\"), and [Richard Thaler](https:\/\/en.wikipedia.org\/wiki\/Richard_Thaler \"Richard Thaler\") and [Selena Gomez](https:\/\/en.wikipedia.org\/wiki\/Selena_Gomez \"Selena Gomez\") to describe [credit default swaps](https:\/\/en.wikipedia.org\/wiki\/Credit_default_swap \"Credit default swap\") and [synthetic CDOs](https:\/\/en.wikipedia.org\/wiki\/Synthetic_CDO \"Synthetic CDO\"). The real [Michael Burry](https:\/\/en.wikipedia.org\/wiki\/Michael_Burry \"Michael Burry\") appears in a cameo as a worker at Scion Capital.\n\nIn 2013, [Paramount](https:\/\/en.wikipedia.org\/wiki\/Paramount_Pictures \"Paramount Pictures\") acquired the rights to the 2010 non-fiction book *[The Big Short: Inside the Doomsday Machine](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short \"The Big Short\")* by [Michael Lewis](https:\/\/en.wikipedia.org\/wiki\/Michael_Lewis \"Michael Lewis\"), to develop it into a film, which [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\")'s [Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") would produce.[\\[9\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-9) On March 24, 2014, [Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") was hired to write and direct a film about the housing and [economic bubble](https:\/\/en.wikipedia.org\/wiki\/Economic_bubble \"Economic bubble\").[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-McKay-4) Screenwriter [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\"), who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told *Creative Screenwriting*, \"In general it was trying to find the right tone that was slightly funnier than your average [Miloš Forman](https:\/\/en.wikipedia.org\/wiki\/Milo%C5%A1_Forman \"Miloš Forman\") comedy, which is all grounded character-based but not so satirical where you got *[Wag the Dog](https:\/\/en.wikipedia.org\/wiki\/Wag_the_Dog \"Wag the Dog\").* Somewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market's movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that.\"[\\[10\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Hogan-10) Two years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts.[\\[10\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Hogan-10)\n\nOn January 13, 2015, *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")* reported that [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\"), [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\"), and [Ryan Gosling](https:\/\/en.wikipedia.org\/wiki\/Ryan_Gosling \"Ryan Gosling\") were set to star in the film, with Pitt producing the film along with [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\") and [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\"). [Plan B Entertainment](https:\/\/en.wikipedia.org\/wiki\/Plan_B_Entertainment \"Plan B Entertainment\") would produce, with Paramount handling the distribution rights.[\\[11\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Cast-11) Before this, Pitt had already starred in the adaptation of the author's *[Moneyball](https:\/\/en.wikipedia.org\/wiki\/Moneyball_\$film\$ \"Moneyball (film)\")*, for which he was nominated for an Oscar.[\\[4\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-McKay-4)[\\[11\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Cast-11) On January 14, it was announced that [Steve Carell](https:\/\/en.wikipedia.org\/wiki\/Steve_Carell \"Steve Carell\") would also star.[\\[7\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CarellCast-7) On April 21, 2015, more cast was revealed by *Deadline*, including [Melissa Leo](https:\/\/en.wikipedia.org\/wiki\/Melissa_Leo \"Melissa Leo\"), [Marisa Tomei](https:\/\/en.wikipedia.org\/wiki\/Marisa_Tomei \"Marisa Tomei\"), [Tracy Letts](https:\/\/en.wikipedia.org\/wiki\/Tracy_Letts \"Tracy Letts\"), [Hamish Linklater](https:\/\/en.wikipedia.org\/wiki\/Hamish_Linklater \"Hamish Linklater\"), [John Magaro](https:\/\/en.wikipedia.org\/wiki\/John_Magaro \"John Magaro\"), [Byron Mann](https:\/\/en.wikipedia.org\/wiki\/Byron_Mann \"Byron Mann\"), [Rafe Spall](https:\/\/en.wikipedia.org\/wiki\/Rafe_Spall \"Rafe Spall\"), [Jeremy Strong](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Strong_\$actor\$ \"Jeremy Strong (actor)\"), and [Finn Wittrock](https:\/\/en.wikipedia.org\/wiki\/Finn_Wittrock \"Finn Wittrock\").[\\[12\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-DeadlineCast-12) [Max Greenfield](https:\/\/en.wikipedia.org\/wiki\/Max_Greenfield \"Max Greenfield\") joined the ensemble cast of the film on April 23, 2015.[\\[13\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-GreenfieldCast-13) [Karen Gillan](https:\/\/en.wikipedia.org\/wiki\/Karen_Gillan \"Karen Gillan\") tweeted about her involvement in the film on May 8, 2015.[\\[14\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-GillanCast-14) Jeffry Griffin, who plays Vennett's assistant Chris, was originally planned to appear only as an [extra](https:\/\/en.wikipedia.org\/wiki\/Extra_\$acting\$ \"Extra (acting)\") and was cast to a speaking role after a production assistant picked him out of a crowd.[\\[15\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-15)[\\[16\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-16)\n\n[Principal photography](https:\/\/en.wikipedia.org\/wiki\/Principal_photography \"Principal photography\") on the film began on March 18, 2015, in [New Orleans](https:\/\/en.wikipedia.org\/wiki\/New_Orleans \"New Orleans\"), [Louisiana](https:\/\/en.wikipedia.org\/wiki\/Louisiana \"Louisiana\").[\\[17\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-17)[\\[18\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-18) On March 25, filming was taking place on General de Gaulle Boulevard in the [Algiers](https:\/\/en.wikipedia.org\/wiki\/Algiers,_New_Orleans \"Algiers, New Orleans\") section of New Orleans.[\\[19\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-19) On May 8, Gillan confirmed she was shooting her scenes.[\\[14\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-GillanCast-14) On May 20, 2015, filming took place on a short stretch of Mercer Street, between [Prince Street](https:\/\/en.wikipedia.org\/wiki\/Prince_Street_\$BMT_Broadway_Line\$ \"Prince Street (BMT Broadway Line)\") and [Spring Street](https:\/\/en.wikipedia.org\/wiki\/Spring_Street_\$Manhattan\$ \"Spring Street (Manhattan)\"), in [Manhattan](https:\/\/en.wikipedia.org\/wiki\/Manhattan \"Manhattan\"), [New York City](https:\/\/en.wikipedia.org\/wiki\/New_York_City \"New York City\").[\\[20\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-20) On May 22, the production crew recreated the offices of failed investment firm [Lehman Brothers](https:\/\/en.wikipedia.org\/wiki\/Lehman_Brothers \"Lehman Brothers\") in the lobby of the [New York State Department of Financial Services](https:\/\/en.wikipedia.org\/wiki\/New_York_State_Department_of_Financial_Services \"New York State Department of Financial Services\") in Manhattan.[\\[21\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-wsj-21) An assistant counsel for the Department of Financial Services played one of the extras in the scene.[\\[21\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-wsj-21)\n\nOn September 22, 2015, Paramount set the film for a [limited release](https:\/\/en.wikipedia.org\/wiki\/Limited_release \"Limited release\") on December 11, 2015, and a [wide release](https:\/\/en.wikipedia.org\/wiki\/Wide_release \"Wide release\") on December 23, 2015.[\\[22\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-22) The film was rated R by the Motion Picture Association (MPA, formerly MPAA) for pervasive language and some sexuality\/nudity. The film was released on [DVD](https:\/\/en.wikipedia.org\/wiki\/DVD \"DVD\") and [Blu-ray](https:\/\/en.wikipedia.org\/wiki\/Blu-ray \"Blu-ray\") on March 15, 2016.[\\[23\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-23)\n\n*The Big Short* grossed \\$70.3 million in the United States and Canada and \\$63.2 million in other countries for a worldwide total of \\$133.4 million, against a production budget of \\$50 million.[\\[3\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-BOM-3)\n\nThe film was released in eight theaters in [Los Angeles](https:\/\/en.wikipedia.org\/wiki\/Los_Angeles \"Los Angeles\"), [New York](https:\/\/en.wikipedia.org\/wiki\/New_York_City \"New York City\"), [San Francisco](https:\/\/en.wikipedia.org\/wiki\/San_Francisco \"San Francisco\") and [Chicago](https:\/\/en.wikipedia.org\/wiki\/Chicago \"Chicago\") on December 11, 2015, and earned \\$705,527 (an average of \\$88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by *[Memoirs of a Geisha](https:\/\/en.wikipedia.org\/wiki\/Memoirs_of_a_Geisha_\$film\$ \"Memoirs of a Geisha (film)\")* (\\$85,313 per theater),[\\[24\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-aAa-24) and was the third biggest theater average of 2015 behind the four screen debuts of *[Steve Jobs](https:\/\/en.wikipedia.org\/wiki\/Steve_Jobs_\$film\$ \"Steve Jobs (film)\")* (\\$130,000) and *[The Revenant](https:\/\/en.wikipedia.org\/wiki\/The_Revenant_\$2015_film\$ \"The Revenant (2015 film)\")* (\\$118,640).[\\[25\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-25)\n\nThe film had its wide release on December 23, 2015, and grossed \\$2.3 million on its first day. In its opening weekend it grossed \\$10.5 million, finishing 6th at the box office.[\\[26\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CinemaScore-26)\n\n[![](https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/0\/0a\/Christian_Bale-7837.jpg\/250px-Christian_Bale-7837.jpg)](https:\/\/en.wikipedia.org\/wiki\/File:Christian_Bale-7837.jpg)\n\n[Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") received widespread acclaim, earning an [Academy Award for Best Supporting Actor](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Supporting_Actor \"Academy Award for Best Supporting Actor\") nomination\n\nOn [review aggregator](https:\/\/en.wikipedia.org\/wiki\/Review_aggregator \"Review aggregator\") website [Rotten Tomatoes](https:\/\/en.wikipedia.org\/wiki\/Rotten_Tomatoes \"Rotten Tomatoes\"), *The Big Short* has an approval rating of 89% based on 331 reviews, with an [average rating](https:\/\/en.wikipedia.org\/wiki\/Weighted_arithmetic_mean \"Weighted arithmetic mean\") of 7.80\/10. The site's critical consensus reads, \"*The Big Short* approaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain.\"[\\[27\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-27) On [Metacritic](https:\/\/en.wikipedia.org\/wiki\/Metacritic \"Metacritic\"), the film has a score of 81 out of 100 based on 45 reviews, indicating \"universal acclaim\".[\\[28\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-28) Audiences polled by [CinemaScore](https:\/\/en.wikipedia.org\/wiki\/CinemaScore \"CinemaScore\") gave the film an average grade of \"A−\" on an A+ to F scale.[\\[26\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-CinemaScore-26)\n\n[IGN](https:\/\/en.wikipedia.org\/wiki\/IGN \"IGN\") gave the film a score of 8.6\/10, praising its \"energetic direction\" and making \"a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it\".[\\[29\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-29)\n\n*[The New York Times](https:\/\/en.wikipedia.org\/wiki\/The_New_York_Times \"The New York Times\")*' \"UpShot\" series stated *The Big Short* offered the \"strongest film explanation of the global financial crisis\". The series also stated that it \"wouldn't necessarily have been able to cash in as successfully as the characters in *The Big Short*. The success of this film is due to the work of the actors who played the characters.”[\\[30\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-nytimes_2015_12_23-30)\n\nIn 2021, members of [Writers Guild of America West](https:\/\/en.wikipedia.org\/wiki\/Writers_Guild_of_America_West \"Writers Guild of America West\") (WGAW) and [Writers Guild of America, East](https:\/\/en.wikipedia.org\/wiki\/Writers_Guild_of_America,_East \"Writers Guild of America, East\") (WGAE) voted its screenplay 55th in WGA’s 101 Greatest Screenplays of the 21st Century (So Far).[\\[31\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-31)[\\[32\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-32) In 2025, it was one of the films voted for the \"Readers' Choice\" edition of *[The New York Times](https:\/\/en.wikipedia.org\/wiki\/The_New_York_Times \"The New York Times\")*' list of \"The 100 Best Movies of the 21st Century,\" finishing at number 133.[\\[33\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-33)\n\n### Historical accuracy\n\\[[edit](https:\/\/en.wikipedia.org\/w\/index.php?title=The_Big_Short_\$film\$&action=edit&section=14 \"Edit section: Historical accuracy\")\\]\n\n[David McCandless](https:\/\/en.wikipedia.org\/wiki\/David_McCandless \"David McCandless\")'s visual blog *Information is Beautiful* deduced that, while taking creative license into account, the film was 91.4% accurate when compared to real-life events, calling it a \"shockingly truthful film\" with \"very little dramatization or fakery.\"[\\[34\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-34)\n\nMovie critics with backgrounds in finance also commented on the film. Many agreed with the public that *The Big Short* was entertaining and engaging, but also terrifying. [Glenn Kenny](https:\/\/en.wikipedia.org\/wiki\/Glenn_Kenny \"Glenn Kenny\") reported that the film accurately got the message across that even though the lives of the characters were not interconnected, their stories were.[\\[35\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-35)\n\nWhile the general plot of the film is the same as the book, many of the character names have been changed. For example, [Steve Eisman](https:\/\/en.wikipedia.org\/wiki\/Steve_Eisman \"Steve Eisman\") has become \"Mark Baum\" and [Greg Lippmann](https:\/\/en.wikipedia.org\/wiki\/Greg_Lippmann \"Greg Lippmann\") has become \"Jared Vennett\". Some biographical information has also been slightly modified.[\\[36\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-36)\n\nEisman has said that he respects Carell's portrayal but that it was not 100 percent true to his real character. Speaking to *[The Globe and Mail](https:\/\/en.wikipedia.org\/wiki\/The_Globe_and_Mail \"The Globe and Mail\")*, Eisman said, \"Eliminate my sense of humor and make me angry all the time, and that's \\[Carell's\\] portrayal. It's accurate enough, but it's not really me.\"[\\[37\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-37). However, in September 2025, Eisman recalled that after reading the transcript of his interview with the [Financial Crisis Inquiry Commission](https:\/\/en.wikipedia.org\/wiki\/Financial_Crisis_Inquiry_Commission \"Financial Crisis Inquiry Commission\") from 2010, he reassessed Carell's portrayal: \"I read my whole transcript, my entire interview... You know, Steve Carell was right. I was that angry. I was so angry at what Wall Street had done.\" [\\[38\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-38)\n\nThe film, along with *[The Wolf of Wall Street](https:\/\/en.wikipedia.org\/wiki\/The_Wolf_of_Wall_Street_\$2013_film\$ \"The Wolf of Wall Street (2013 film)\")*, had a brief resurgence in the wake of the January 2021 [GameStop short squeeze](https:\/\/en.wikipedia.org\/wiki\/GameStop_short_squeeze \"GameStop short squeeze\") as the events shown in the films provided reference points for what was happening with the GameStop and related stocks.[\\[39\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-39)\n\n[Adam McKay](https:\/\/en.wikipedia.org\/wiki\/Adam_McKay \"Adam McKay\") and [Charles Randolph](https:\/\/en.wikipedia.org\/wiki\/Charles_Randolph \"Charles Randolph\") won the [Academy Award](https:\/\/en.wikipedia.org\/wiki\/Academy_Award_for_Best_Adapted_Screenplay \"Academy Award for Best Adapted Screenplay\"),[\\[40\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-40) [BAFTA Award](https:\/\/en.wikipedia.org\/wiki\/BAFTA_Award_for_Best_Adapted_Screenplay \"BAFTA Award for Best Adapted Screenplay\"),[\\[41\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-41) [Critics' Choice Movie Award](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Adapted_Screenplay \"Critics' Choice Movie Award for Best Adapted Screenplay\"),[\\[42\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-42) and [Writers Guild of America Award](https:\/\/en.wikipedia.org\/wiki\/Writers_Guild_of_America_Award_for_Best_Adapted_Screenplay \"Writers Guild of America Award for Best Adapted Screenplay\")[\\[43\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-43), all for Best Adapted Screenplay. They also won an [Empire Award](https:\/\/en.wikipedia.org\/wiki\/21st_Empire_Awards \"21st Empire Awards\") for Best Screenplay.[\\[44\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-44) [Christian Bale](https:\/\/en.wikipedia.org\/wiki\/Christian_Bale \"Christian Bale\") won the [Critics' Choice Movie Award for Best Actor in a Comedy](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Actor_in_a_Comedy \"Critics' Choice Movie Award for Best Actor in a Comedy\")[\\[45\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Critic's_Choice-45) and the [Satellite Award for Best Supporting Actor - Motion Picture](https:\/\/en.wikipedia.org\/wiki\/Satellite_Award_for_Best_Actor_in_a_Supporting_Role \"Satellite Award for Best Actor in a Supporting Role\").[\\[46\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-46) [Hank Corwin](https:\/\/en.wikipedia.org\/wiki\/Hank_Corwin \"Hank Corwin\") won the [American Cinema Editors Award for Best Edited Feature Film (Comedy or Musical)](https:\/\/en.wikipedia.org\/wiki\/American_Cinema_Editors_Award_for_Best_Edited_Feature_Film_%E2%80%93_Comedy_or_Musical \"American Cinema Editors Award for Best Edited Feature Film – Comedy or Musical\")[\\[47\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-47) and [Los Angeles Film Critics Association Award](https:\/\/en.wikipedia.org\/wiki\/Los_Angeles_Film_Critics_Association \"Los Angeles Film Critics Association\") for Best Editing.[\\[48\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-48)\n\nThe film won the [Critics' Choice Movie Award for Best Comedy](https:\/\/en.wikipedia.org\/wiki\/Critics%27_Choice_Movie_Award_for_Best_Comedy \"Critics' Choice Movie Award for Best Comedy\")[\\[45\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-Critic's_Choice-45) and was named one of the Top 10 Films of the Year at the [American Film Institute Awards 2015](https:\/\/en.wikipedia.org\/wiki\/American_Film_Institute_Awards_2015 \"American Film Institute Awards 2015\").[\\[49\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-49) [Dede Gardner](https:\/\/en.wikipedia.org\/wiki\/Dede_Gardner \"Dede Gardner\"), [Jeremy Kleiner](https:\/\/en.wikipedia.org\/wiki\/Jeremy_Kleiner \"Jeremy Kleiner\"), and [Brad Pitt](https:\/\/en.wikipedia.org\/wiki\/Brad_Pitt \"Brad Pitt\") won the [Producers Guild of America Award for Best Theatrical Motion Picture](https:\/\/en.wikipedia.org\/wiki\/Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture \"Producers Guild of America Award for Best Theatrical Motion Picture\").[\\[50\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-50) The cast also won the [National Board of Review Award for Best Ensemble](https:\/\/en.wikipedia.org\/wiki\/National_Board_of_Review_Award_for_Best_Cast \"National Board of Review Award for Best Cast\").[\\[51\\]](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_note-51)\n\n- [Bankruptcy of Lehman Brothers](https:\/\/en.wikipedia.org\/wiki\/Bankruptcy_of_Lehman_Brothers \"Bankruptcy of Lehman Brothers\")\n- *[The Last Days of Lehman Brothers](https:\/\/en.wikipedia.org\/wiki\/The_Last_Days_of_Lehman_Brothers \"The Last Days of Lehman Brothers\")*\n- [Great Recession](https:\/\/en.wikipedia.org\/wiki\/Great_Recession \"Great Recession\")\n- [*Inside Job* (2010 film)](https:\/\/en.wikipedia.org\/wiki\/Inside_Job_\$2010_film\$ \"Inside Job (2010 film)\")\n- [*Margin Call* (2011 film)](https:\/\/en.wikipedia.org\/wiki\/Margin_Call \"Margin Call\")\n- [*Too Big to Fail* (film)](https:\/\/en.wikipedia.org\/wiki\/Too_Big_to_Fail_\$film\$ \"Too Big to Fail (film)\")\n\n1. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-1)**\n   [\"*The Big Short* (15)\"](https:\/\/web.archive.org\/web\/20151116073303\/http:\/\/bbfc.co.uk\/releases\/big-short-film). *[British Board of Film Classification](https:\/\/en.wikipedia.org\/wiki\/British_Board_of_Film_Classification \"British Board of Film Classification\")*. November 9, 2015. Archived from [the original](https:\/\/www.bbfc.co.uk\/AVF331428) on November 16, 2015. Retrieved November 9, 2015.\n2. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-2)**\n   FilmL.A. (June 15, 2016). [\"2015 Feature Film Study\"](https:\/\/indd.adobe.com\/view\/87976431-f650-4be0-a9c3-392d676b5514). Retrieved June 29, 2017.\n   \n   `{{cite web}}`: CS1 maint: deprecated archival service ([link](https:\/\/en.wikipedia.org\/wiki\/Category:CS1_maint:_deprecated_archival_service \"Category:CS1 maint: deprecated archival service\"))\n3. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-BOM_3-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-BOM_3-1)\n   [\"The Big Short (2015) - Box Office Mojo\"](https:\/\/www.boxofficemojo.com\/movies\/?id=bigshort.htm). *Box Office Mojo*. [Archived](https:\/\/web.archive.org\/web\/20160130175347\/http:\/\/www.boxofficemojo.com\/movies\/?id=bigshort.htm) from the original on January 30, 2016. Retrieved May 22, 2017.\n4. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-McKay_4-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-McKay_4-1) [***c***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-McKay_4-2)\n   [\"Paramount Taps 'Anchorman' Helmer Adam McKay To Adapt And Direct Michael Lewis' 'The Big Short' About Economic Meltdown\"](https:\/\/deadline.com\/2014\/03\/adam-mckay-big-short-movie-michael-lews-703473\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. March 24, 2014. [Archived](https:\/\/web.archive.org\/web\/20150419032021\/http:\/\/deadline.com\/2014\/03\/adam-mckay-big-short-movie-michael-lews-703473\/) from the original on April 19, 2015. Retrieved April 18, 2015.\n5. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-5)**\n   [\"Paramount pushes 'The Big Short' into awards season\"](https:\/\/www.chicagotribune.com\/entertainment\/sns-bc-us--film-the-big-short-20150922-story.html). *[Chicago Tribune](https:\/\/en.wikipedia.org\/wiki\/Chicago_Tribune \"Chicago Tribune\")*. Associated Press. September 25, 2015. [Archived](https:\/\/web.archive.org\/web\/20200614090319\/https:\/\/www.chicagotribune.com\/entertainment\/sns-bc-us--film-the-big-short-20150922-story.html) from the original on June 14, 2020. Retrieved April 17, 2020.\n6. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-6)**\n   [\"The Big Short \\| Trailer & Movie Site \\| December 2015\"](http:\/\/www.thebigshortmovie.com\/). *The Big Short*. [Archived](https:\/\/web.archive.org\/web\/20151230183944\/http:\/\/www.thebigshortmovie.com\/) from the original on December 30, 2015. Retrieved December 26, 2015.\n7. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CarellCast_7-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CarellCast_7-1)\n   Kit, Borys (January 14, 2015). [\"Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short'\"](https:\/\/www.hollywoodreporter.com\/news\/steve-carell-talks-join-christian-763755). *[The Hollywood Reporter](https:\/\/en.wikipedia.org\/wiki\/The_Hollywood_Reporter \"The Hollywood Reporter\")*. [Archived](https:\/\/web.archive.org\/web\/20150122231841\/http:\/\/www.hollywoodreporter.com\/news\/steve-carell-talks-join-christian-763755) from the original on January 22, 2015. Retrieved January 15, 2015.\n8. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-8)**\n   [\"Lippmann, Deutsche Trader, Steps Down, NYTimes Dealbook 21 April 2010\"](https:\/\/dealbook.nytimes.com\/2010\/04\/21\/lippmann-deutsche-trader-steps-down). April 21, 2010. [Archived](https:\/\/web.archive.org\/web\/20180624035829\/https:\/\/dealbook.nytimes.com\/2010\/04\/21\/lippmann-deutsche-trader-steps-down\/) from the original on June 24, 2018. Retrieved November 23, 2018.\n9. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-9)**\n   McNary, Dave (March 24, 2014). [\"'Anchorman's' Adam McKay Boards Financial Drama\"](https:\/\/variety.com\/2014\/film\/news\/adam-mckay-big-short-brad-pitt-1201144582\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*. [Archived](https:\/\/web.archive.org\/web\/20170704085656\/http:\/\/variety.com\/2014\/film\/news\/adam-mckay-big-short-brad-pitt-1201144582\/) from the original on July 4, 2017. Retrieved April 18, 2015.\n10. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Hogan_10-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Hogan_10-1)\n    Hogan, Brianne (January 20, 2016). [\"Banking on The Big Short\"](http:\/\/creativescreenwriting.com\/banking-on-the-big-short\/). *Creative Screenwriting*. [Archived](https:\/\/web.archive.org\/web\/20160508090559\/http:\/\/creativescreenwriting.com\/banking-on-the-big-short\/) from the original on May 8, 2016. Retrieved January 21, 2016.\n11. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Cast_11-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-Cast_11-1)\n    Kroll, Justin (January 13, 2015). [\"Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama 'The Big Short' (EXCLUSIVE)\"](https:\/\/variety.com\/2015\/film\/news\/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*. [Archived](https:\/\/web.archive.org\/web\/20150114172701\/http:\/\/variety.com\/2015\/film\/news\/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038\/) from the original on January 14, 2015. Retrieved January 14, 2015.\n12. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-DeadlineCast_12-0)**\n    Fleming, Mike Jr. (April 21, 2015). [\"'The Big Short' Solidifies With Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt\"](https:\/\/deadline.com\/2015\/04\/the-big-short-christian-bale-steve-carell-ryan-gosling-brad-pitt-1201413659\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. [Archived](https:\/\/web.archive.org\/web\/20150618152249\/http:\/\/deadline.com\/2015\/04\/the-big-short-christian-bale-steve-carell-ryan-gosling-brad-pitt-1201413659\/) from the original on June 18, 2015. Retrieved May 21, 2015.\n13. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-GreenfieldCast_13-0)**\n    [\"Max Greenfield Joins Brad Pitt, Ryan Gosling in 'The Big Short' (EXCLUSIVE)\"](https:\/\/variety.com\/2015\/film\/news\/the-big-short-max-greenfield-cast-brad-pitt-ryan-gosling-1201477480\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*. April 23, 2015. [Archived](https:\/\/web.archive.org\/web\/20150425021952\/http:\/\/variety.com\/2015\/film\/news\/the-big-short-max-greenfield-cast-brad-pitt-ryan-gosling-1201477480\/) from the original on April 25, 2015. Retrieved April 23, 2015.\n14. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-GillanCast_14-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-GillanCast_14-1)\n    @karengillan (May 8, 2015). [\"Just had an amazingly fun day shooting on The Big Short film!\"](https:\/\/twitter.com\/karengillan\/status\/596799346303062016) ([Tweet](https:\/\/en.wikipedia.org\/wiki\/Tweet_\$social_media\$ \"Tweet (social media)\")). [Archived](https:\/\/web.archive.org\/web\/20151213125535\/https:\/\/twitter.com\/karengillan\/status\/596799346303062016) from the original on December 13, 2015. Retrieved May 21, 2015 – via [Twitter](https:\/\/en.wikipedia.org\/wiki\/Twitter \"Twitter\").\n15. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-15)**\n    Riley, Jenelle (December 31, 2015). [\"'Big Short' Actor Jeffry Griffin Went From Extra to Sharing Scenes With Ryan Gosling\"](https:\/\/variety.com\/2015\/film\/awards\/big-short-ryan-gosling-assistant-jeffry-griffin-1201670141\/). *[Variety](https:\/\/en.wikipedia.org\/wiki\/Variety_\$magazine\$ \"Variety (magazine)\")*.\n16. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-16)**\n    Lindsay, Benjamin (January 4, 2016). [\"How a 'Big Short' Extra Became Ryan Gosling's Right-Hand Man\"](https:\/\/www.backstage.com\/magazine\/article\/big-short-extra-became-ryan-goslings-right-hand-man-8831\/). *[Backstage.com](https:\/\/en.wikipedia.org\/wiki\/Backstage.com \"Backstage.com\")*. Retrieved July 21, 2022.\n17. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-17)**\n    [\"Brad Pitt, Ryan Gosling, & Christian Bale are headed to Orleans for 'The Big Short'\"](https:\/\/web.archive.org\/web\/20150212022440\/http:\/\/www.onlocationvacations.com\/2015\/02\/10\/brad-pitt-ryan-gosling-christian-bale-are-headed-to-new-orleans-for-the-big-shot\/). *onlocationvacations.com*. February 10, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/02\/10\/brad-pitt-ryan-gosling-christian-bale-are-headed-to-new-orleans-for-the-big-shot\/) on February 12, 2015. Retrieved February 13, 2015.\n18. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-18)**\n    [\"'The Big Short', starring Brad Pitt, Ryan Gosling, & Christian Bale, begins filming in New Orleans\"](https:\/\/web.archive.org\/web\/20150328005048\/http:\/\/www.onlocationvacations.com\/2015\/03\/23\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-begins-filming-in-new-orleans\/). *onlocationvacations.com*. March 23, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/03\/23\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-begins-filming-in-new-orleans\/) on March 28, 2015. Retrieved March 29, 2015.\n19. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-19)**\n    [\"'The Big Short', starring Brad Pitt Ryan Gosling & Christian Bale, filming in Algiers, LA today\"](https:\/\/web.archive.org\/web\/20150327150534\/http:\/\/www.onlocationvacations.com\/2015\/03\/25\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-filming-in-algiers-la-today\/). *onlocationvacations.com*. March 25, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/03\/25\/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-filming-in-algiers-la-today\/) on March 27, 2015. Retrieved March 29, 2015.\n20. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-20)**\n    [\"'The Big Short', starring Brad Pitt and Ryan Gosling, is filming in NYC this week!\"](https:\/\/web.archive.org\/web\/20150522101426\/http:\/\/www.onlocationvacations.com\/2015\/05\/16\/the-big-short-starring-brad-pitt-and-ryan-gosling-is-filming-in-nyc-this-week\/). *onlocationvacations.com*. May 16, 2015. Archived from [the original](http:\/\/www.onlocationvacations.com\/2015\/05\/16\/the-big-short-starring-brad-pitt-and-ryan-gosling-is-filming-in-nyc-this-week\/) on May 22, 2015. Retrieved May 22, 2015.\n21. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-wsj_21-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-wsj_21-1)\n    Matthews, Christopher M. (May 22, 2015). [\"'Big Short' Recreates Lehman Bros. Offices in Regulator's Building\"](https:\/\/blogs.wsj.com\/moneybeat\/2015\/05\/22\/big-short-recreates-lehman-bros-offices-in-regulators-building\/). *[The Wall Street Journal](https:\/\/en.wikipedia.org\/wiki\/The_Wall_Street_Journal \"The Wall Street Journal\")*. [Archived](https:\/\/web.archive.org\/web\/20171126061358\/https:\/\/blogs.wsj.com\/moneybeat\/2015\/05\/22\/big-short-recreates-lehman-bros-offices-in-regulators-building\/) from the original on November 26, 2017. Retrieved May 25, 2015.\n22. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-22)**\n    [\"The Big Short Website\"](https:\/\/web.archive.org\/web\/20151230183944\/http:\/\/www.thebigshortmovie.com\/). *Paramount Pictures*. Archived from [the original](http:\/\/www.thebigshortmovie.com\/) on December 30, 2015. Retrieved September 28, 2015.\n23. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-23)**\n    [\"The Big Short DVD Release Date March 15, 2016\"](https:\/\/www.dvdsreleasedates.com\/movies\/7468\/the-big-short). *DVDs Release Dates*. Retrieved August 30, 2022.\n24. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-aAa_24-0)**\n    McClintock, Pamela (December 13, 2015). [\"Box Office: Ron Howard's 'Heart of the Sea' Capsizes With \\$11M U.S. Debut\"](https:\/\/www.hollywoodreporter.com\/news\/heart-sea-capsizes-11m-debut-848308). *[The Hollywood Reporter](https:\/\/en.wikipedia.org\/wiki\/The_Hollywood_Reporter \"The Hollywood Reporter\")*. [Archived](https:\/\/web.archive.org\/web\/20151214214759\/http:\/\/www.hollywoodreporter.com\/news\/heart-sea-capsizes-11m-debut-848308) from the original on December 14, 2015. Retrieved December 13, 2015.\n25. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-25)**\n    Mendelson, Scott (December 13, 2015). [\"Box Office: 'In The Heart Of The Sea' Is A Whale Of A Fail, 'Big Short' Strikes It Rich\"](https:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/12\/13\/box-office-in-the-heart-of-the-sea-is-a-whale-of-a-fail-big-short-strikes-it-rich\/). *[Forbes](https:\/\/en.wikipedia.org\/wiki\/Forbes \"Forbes\")*. [Archived](https:\/\/web.archive.org\/web\/20151214134801\/http:\/\/www.forbes.com\/sites\/scottmendelson\/2015\/12\/13\/box-office-in-the-heart-of-the-sea-is-a-whale-of-a-fail-big-short-strikes-it-rich\/) from the original on December 14, 2015. Retrieved December 13, 2015.\n26. ^ [***a***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CinemaScore_26-0) [***b***](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-CinemaScore_26-1)\n    D'Alessandro, Anthony; Busch, Anita (December 28, 2015). [\"'Daddy', 'Joy' & 'Hateful Eight' Reap Fortune As 'Star Wars' Halo Effect Impacts B.O…Can 'Force Awakens' Hit \\$1 Billion In U.S.?\"](https:\/\/deadline.com\/2015\/12\/star-wars-force-awakens-christmas-weekend-box-office-record-joy-daddys-home-concussion-point-break-1201672899\/). *[Deadline Hollywood](https:\/\/en.wikipedia.org\/wiki\/Deadline_Hollywood \"Deadline Hollywood\")*. [Archived](https:\/\/web.archive.org\/web\/20180613000029\/https:\/\/deadline.com\/2015\/12\/star-wars-force-awakens-christmas-weekend-box-office-record-joy-daddys-home-concussion-point-break-1201672899\/) from the original on June 13, 2018. Retrieved April 17, 2020.\n27. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-27)**\n    [\"The Big Short (2015)\"](https:\/\/www.rottentomatoes.com\/m\/the_big_short\/). *[Rotten Tomatoes](https:\/\/en.wikipedia.org\/wiki\/Rotten_Tomatoes \"Rotten Tomatoes\")*. [Fandango Media](https:\/\/en.wikipedia.org\/wiki\/Fandango_Media \"Fandango Media\"). [Archived](https:\/\/web.archive.org\/web\/20160120165025\/http:\/\/www.rottentomatoes.com\/m\/the_big_short\/) from the original on January 20, 2016. Retrieved September 1, 2022.\n28. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-28)**\n    [\"The Big Short Reviews\"](https:\/\/www.metacritic.com\/movie\/the-big-short). *[Metacritic](https:\/\/en.wikipedia.org\/wiki\/Metacritic \"Metacritic\")*. [CBS Interactive](https:\/\/en.wikipedia.org\/wiki\/CBS_Interactive \"CBS Interactive\"). [Archived](https:\/\/web.archive.org\/web\/20160109150905\/http:\/\/www.metacritic.com\/movie\/the-big-short) from the original on January 9, 2016. Retrieved August 13, 2019.\n29. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-29)**\n    [\"The Big Short Review – IGN\"](https:\/\/www.ign.com\/articles\/2015\/12\/08\/the-big-short-review). *IGN*. December 8, 2015. 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[Archived](https:\/\/web.archive.org\/web\/20160108025631\/http:\/\/www.producersguild.org\/news\/267997\/Nominees-Announced-For-Theatrical-Motion-Picture-Animated-Motion-Picture-And-Long-Form-TV-.htm) from the original on January 8, 2016. Retrieved January 22, 2018.\n51. **[^](https:\/\/en.wikipedia.org\/wiki\/The_Big_Short_\$film\$#cite_ref-51)**\n    Lewis, Hilary (December 1, 2015). [\"'Mad Max: Fury Road' Named Best Film by National Board of Review\"](https:\/\/www.hollywoodreporter.com\/news\/national-board-review-2015-winners-844862). *[The Hollywood Reporter](https:\/\/en.wikipedia.org\/wiki\/The_Hollywood_Reporter \"The Hollywood Reporter\")*. [Archived](https:\/\/web.archive.org\/web\/20151203220125\/http:\/\/www.hollywoodreporter.com\/news\/national-board-review-2015-winners-844862) from the original on December 3, 2015. Retrieved January 22, 2018.\n\n- [Official website](https:\/\/web.archive.org\/web\/20160303180208\/http:\/\/www.thebigshortmovie.com\/) at the [Wayback Machine](https:\/\/en.wikipedia.org\/wiki\/Wayback_Machine \"Wayback Machine\") (archived March 3, 2016)\n- [*The Big Short*](https:\/\/www.imdb.com\/title\/tt1596363\/) at [IMDb](https:\/\/en.wikipedia.org\/wiki\/IMDb_\$identifier\$ \"IMDb (identifier)\")\n- [*The Big Short*](https:\/\/www.boxofficemojo.com\/movies\/?id=bigshort.htm) at [Box Office Mojo](https:\/\/en.wikipedia.org\/wiki\/Box_Office_Mojo \"Box Office Mojo\")\n- [*The Big Short*](https:\/\/www.rottentomatoes.com\/m\/the_big_short) at [Rotten Tomatoes](https:\/\/en.wikipedia.org\/wiki\/Rotten_Tomatoes \"Rotten Tomatoes\")\n- *[The Big Short](https:\/\/www.metacritic.com\/movie\/the-big-short)* at [Metacritic](https:\/\/en.wikipedia.org\/wiki\/Metacritic \"Metacritic\") [![Edit this at Wikidata](https:\/\/upload.wikimedia.org\/wikipedia\/en\/thumb\/8\/8a\/OOjs_UI_icon_edit-ltr-progressive.svg\/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png)](https:\/\/www.wikidata.org\/wiki\/Q19850715#P1712 \"Edit this at Wikidata\")\n- [\"The Big Short\" at Second City Tzivi](http:\/\/ff2media.com\/secondcitytzivi\/2015\/12\/11\/the-big-short\/) [Archived](https:\/\/web.archive.org\/web\/20190927202316\/https:\/\/ff2media.com\/secondcitytzivi\/2015\/12\/11\/the-big-short\/) September 27, 2019, at the [Wayback Machine](https:\/\/en.wikipedia.org\/wiki\/Wayback_Machine \"Wayback Machine\")","meta_canonical":null}

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URL	https://en.wikipedia.org/wiki/The_Big_Short_(film)
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Boilerpipe Text	The Big Short Theatrical release poster Directed by Adam McKay Screenplay by Charles Randolph Adam McKay Based on The Big Short by Michael Lewis Produced by Brad Pitt Dede Gardner Jeremy Kleiner Arnon Milchan Starring Christian Bale Steve Carell Ryan Gosling Brad Pitt Cinematography Barry Ackroyd Edited by Hank Corwin Music by Nicholas Britell Production companies Paramount Pictures Regency Enterprises Plan B Entertainment Distributed by Paramount Pictures Release dates November 12, 2015 ( AFI Fest ) December 23, 2015 (United States) Running time 130 minutes [ 1 ] Country United States Language English Budget $50 million [ 2 ] Box office $133.4 million [ 3 ] The Big Short is a 2015 American biographical comedy drama film directed by Adam McKay from a screenplay by McKay and Charles Randolph . Based on the 2010 book by Michael Lewis , it depicts how the 2008 financial crisis was triggered by the United States housing bubble . [ 4 ] The film stars Christian Bale , Steve Carell , Ryan Gosling , and Brad Pitt , with John Magaro , Finn Wittrock , Hamish Linklater , Rafe Spall , Jeremy Strong , and Marisa Tomei in supporting roles. The Big Short began a limited release in the United States on December 11, 2015, followed by a wide release on December 23 by Paramount Pictures . [ 5 ] [ 6 ] A critical and commercial success, the film grossed $133 million on a $50 million budget and received acclaim for the performances of the cast (particularly those of Bale and Carell), McKay's direction, editing, and the screenplay. The film won the Academy Award for Best Adapted Screenplay in addition to nominations for Best Picture , Best Director , Best Supporting Actor (Bale), and Best Film Editing . The film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the 2008 financial crisis . In 2005, eccentric hedge fund manager Michael Burry discovers that the United States housing market , based on high-risk subprime loans , is extremely unstable . Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from adjustable-rate mortgages , he proposes to create a credit default swap (CDS) market for mortgage-backed securities (MBSs), allowing him to bet against, or short , MBSs for profit. His long-term bet, exceeding $1 billion, is accepted by major investment and commercial banks such as Goldman Sachs , but requires paying substantial monthly premiums . This sparks his main client, Lawrence Fields, to accuse him of "wasting" capital while many clients demand that he reverse and sell, but Burry refuses. Under pressure, he eventually restricts withdrawals, angering investors, and Fields sues Burry. Eventually, the 2008 financial crisis began and his fund's value increases by 489% with an overall profit (even allowing for the massive premiums) of over $2.69 billion, with Fields alone receiving $489 million. FrontPoint Partners [ edit ] Jared Vennett (based on Greg Lippmann ), [ 7 ] the executive in charge of global asset-backed securities trading at Deutsche Bank , [ 8 ] is one of the first bankers to understand Burry's analysis, learning from one of the bankers who sold Burry an early CDS. Using his quant to verify that Burry is most likely correct, he decides to enter the market and purchase CDSs himself. However, his large monthly premiums result in him looking to reduce the size of his position by selling CDSs. A misplaced phone call alerts FrontPoint Partners hedge fund manager Mark Baum (based on Steve Eisman ), who is motivated to buy swaps from Vennett due to his low regard for banks' ethics and business models. Vennett explains that the packaging of subprime loans into collateralized debt obligations (CDOs) rated AAA will guarantee their eventual collapse. Conducting a field investigation in South Florida, the FrontPoint team discovers that mortgage brokers are profiting by selling their mortgage deals to Wall Street banks, which pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy CDSs from Vennett. In early 2007, as these loans begin to default, CDO prices somehow rise and ratings agencies refuse to downgrade the bond ratings. Baum discovers conflicts of interest and dishonesty amongst the credit rating agencies from an acquaintance at Standard & Poor's . Vennett invites the team to the American Securitization Forum in Las Vegas, where Baum learns from a CDO manager that the market for insuring mortgage bonds, including " synthetic CDOs " which are bets in favor of the faulty mortgage bonds, is significantly larger than the market for the mortgage loans themselves, leading a horrified Baum to realize the entire world economy is set to collapse. As the subprime bonds continue to fall, Baum learns that Morgan Stanley , under whose umbrella FrontPoint operates, had also taken short positions against mortgage derivatives . However, in order to offset the risk and the monthly premiums, it had sold short positions in higher-rated mortgage derivatives. Now that these are also collapsing in value, Morgan Stanley is facing severe liquidity problems. Despite pressure from his staff to sell their position before Morgan Stanley collapses, Baum refuses to sell until the economy is on the verge of collapsing, making over $1 billion in their CDSs. Even so, Baum laments that the banks, as well as the government, will not admit what caused the economy to collapse, but will instead blame "immigrants and poor people." Young investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Fund (based on the firm Cornwall Capital ). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of JPMorgan Chase (the characters address the audience stating that in reality they had heard about Vennett's plan through word-of-mouth from friends and publications), convincing them to invest in CDSs, as it fits their strategy of buying cheap insurance with big potential payouts. As they are far below the capital threshold for an International Swaps and Derivatives Association (ISDA) Master Agreement required to enter into trades like Burry's and Baum's, they enlist the aid of Ben Rickert, Shipley's neighbor and a retired securities trader who was based in Singapore . When the bond values and CDOs rise despite defaults, Geller suspects the banks are committing fraud. The trio also visit the American Securitization Forum, where they learn that the SEC has no regulations to monitor mortgage-backed security activity. They successfully make profit by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio. Later, as home mortgage defaults increase, the price of their CDSs does not rise nor does the price of the underlying mortgage bonds drop, and they realize the banks and the ratings agencies are secretly freezing the price of their CDOs in order to sell and short them before the inevitable crash. Outraged at the banks' cheating, Geller and Shipley try to tip off the press about the upcoming disaster and the rampant fraud, but a reporter from The Wall Street Journal whom they have known since college and regard as principled declines to report the story in the interest of preserving his relationships with Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their CDSs. Ultimately, they turn their $30 million investment into $80 million, but their faith in the system is broken when Ben tells them of the severe consequences for the general public. Jared Vennett receives a bonus of $47 million for profits made on his CDSs. Mark Baum becomes more gracious from the financial fallout, and his staff continue to operate their fund. Charlie Geller and Jamie Shipley go their separate ways after unsuccessfully trying to sue the ratings agencies, with Jamie still running the fund and Charlie moving to Charlotte to start a family. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS audits , now investing only in water securities. The personnel of the banks responsible for the crisis escape any consequences for their actions, with the single exception of one trader, Kareem Serageldin . It is noted that as of 2015, banks are selling CDOs again under a new label: " Bespoke Tranche Opportunity ". Christian Bale as Michael Burry , one of the first people to discover the American housing market bubble. Burry operates his own hedge fund, Scion Capital , and uses his liquidity to short the housing market. Steve Carell as Mark Baum, the leader of FrontPoint Partners , a small independent trading firm. Baum is in a state of constant disgust with the American banks. The character is based on Steve Eisman . Ryan Gosling as Jared Vennett, a salesman from Deutsche Bank who decides to sell Burry's credit default swaps for his own profit. The character of Vennett is based on Greg Lippmann . Brad Pitt as Ben Rickert, a retired former trader who helps Jamie and Charlie with their trades. The character is based on Ben Hockett. John Magaro as Charlie Geller, one half of Brownfield Fund (based on Cornwall Capital ), who discover Vennett's prospectus and also decide to short the housing market. The character is based on Charlie Ledley. Finn Wittrock as Jamie Shipley, Charlie's partner in Brownfield Fund. The character is based on James Mai. Hamish Linklater as Porter Collins Rafe Spall as Danny Moses Jeremy Strong as Vinny Daniel Marisa Tomei as Cynthia Baum, Mark Baum's wife. Tracy Letts as Lawrence Fields, an investor in Burry's hedge fund, a fictional composite of Joel Greenblatt and others who had invested with Burry but came to disagree with his strategy. Adepero Oduye as Kathy Tao, an employee of Morgan Stanley , who oversees Baum's fund. Karen Gillan as Evie, an employee of the SEC and Jamie's brother's ex-girlfriend, whom he meets with in Las Vegas. Byron Mann as Wing Chau, a CDO manager whom Baum interviews in Las Vegas. Melissa Leo as Georgia Hale, an employee of Standard and Poor's based on Ernestine Warner, who admits to giving inaccurate ratings for bonds. Jae Suh Park as Burry's wife. Max Greenfield and Billy Magnussen as mortgage brokers taking advantage of people looking for homes. Stanley Wong as Ted Jiang, a quantitative analyst working for Jared Vennett. The character is based on real 'quant' Eugene Xu. Several celebrities appear as themselves throughout the film in interstitials to explain different financial aspects of the film: Margot Robbie appears to explain mortgage-backed securities , Anthony Bourdain to detail collateralized debt obligations , and Richard Thaler and Selena Gomez to describe credit default swaps and synthetic CDOs . The real Michael Burry appears in a cameo as a worker at Scion Capital. In 2013, Paramount acquired the rights to the 2010 non-fiction book The Big Short: Inside the Doomsday Machine by Michael Lewis , to develop it into a film, which Brad Pitt 's Plan B Entertainment would produce. [ 9 ] On March 24, 2014, Adam McKay was hired to write and direct a film about the housing and economic bubble . [ 4 ] Screenwriter Charles Randolph , who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told Creative Screenwriting , "In general it was trying to find the right tone that was slightly funnier than your average Miloš Forman comedy, which is all grounded character-based but not so satirical where you got Wag the Dog . Somewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market's movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that." [ 10 ] Two years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts. [ 10 ] On January 13, 2015, Variety reported that Brad Pitt , Christian Bale , and Ryan Gosling were set to star in the film, with Pitt producing the film along with Dede Gardner and Jeremy Kleiner . Plan B Entertainment would produce, with Paramount handling the distribution rights. [ 11 ] Before this, Pitt had already starred in the adaptation of the author's Moneyball , for which he was nominated for an Oscar. [ 4 ] [ 11 ] On January 14, it was announced that Steve Carell would also star. [ 7 ] On April 21, 2015, more cast was revealed by Deadline , including Melissa Leo , Marisa Tomei , Tracy Letts , Hamish Linklater , John Magaro , Byron Mann , Rafe Spall , Jeremy Strong , and Finn Wittrock . [ 12 ] Max Greenfield joined the ensemble cast of the film on April 23, 2015. [ 13 ] Karen Gillan tweeted about her involvement in the film on May 8, 2015. [ 14 ] Jeffry Griffin, who plays Vennett's assistant Chris, was originally planned to appear only as an extra and was cast to a speaking role after a production assistant picked him out of a crowd. [ 15 ] [ 16 ] Principal photography on the film began on March 18, 2015, in New Orleans , Louisiana . [ 17 ] [ 18 ] On March 25, filming was taking place on General de Gaulle Boulevard in the Algiers section of New Orleans. [ 19 ] On May 8, Gillan confirmed she was shooting her scenes. [ 14 ] On May 20, 2015, filming took place on a short stretch of Mercer Street, between Prince Street and Spring Street , in Manhattan , New York City . [ 20 ] On May 22, the production crew recreated the offices of failed investment firm Lehman Brothers in the lobby of the New York State Department of Financial Services in Manhattan. [ 21 ] An assistant counsel for the Department of Financial Services played one of the extras in the scene. [ 21 ] On September 22, 2015, Paramount set the film for a limited release on December 11, 2015, and a wide release on December 23, 2015. [ 22 ] The film was rated R by the Motion Picture Association (MPA, formerly MPAA) for pervasive language and some sexuality/nudity. The film was released on DVD and Blu-ray on March 15, 2016. [ 23 ] The Big Short grossed $70.3 million in the United States and Canada and $63.2 million in other countries for a worldwide total of $133.4 million, against a production budget of $50 million. [ 3 ] The film was released in eight theaters in Los Angeles , New York , San Francisco and Chicago on December 11, 2015, and earned $705,527 (an average of $88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by Memoirs of a Geisha ($85,313 per theater), [ 24 ] and was the third biggest theater average of 2015 behind the four screen debuts of Steve Jobs ($130,000) and The Revenant ($118,640). [ 25 ] The film had its wide release on December 23, 2015, and grossed $2.3 million on its first day. In its opening weekend it grossed $10.5 million, finishing 6th at the box office. [ 26 ] Christian Bale received widespread acclaim, earning an Academy Award for Best Supporting Actor nomination On review aggregator website Rotten Tomatoes , The Big Short has an approval rating of 89% based on 331 reviews, with an average rating of 7.80/10. The site's critical consensus reads, " The Big Short approaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain." [ 27 ] On Metacritic , the film has a score of 81 out of 100 based on 45 reviews, indicating "universal acclaim". [ 28 ] Audiences polled by CinemaScore gave the film an average grade of "A−" on an A+ to F scale. [ 26 ] IGN gave the film a score of 8.6/10, praising its "energetic direction" and making "a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it". [ 29 ] The New York Times ' "UpShot" series stated The Big Short offered the "strongest film explanation of the global financial crisis". The series also stated that it "wouldn't necessarily have been able to cash in as successfully as the characters in The Big Short . The success of this film is due to the work of the actors who played the characters.” [ 30 ] In 2021, members of Writers Guild of America West (WGAW) and Writers Guild of America, East (WGAE) voted its screenplay 55th in WGA’s 101 Greatest Screenplays of the 21st Century (So Far). [ 31 ] [ 32 ] In 2025, it was one of the films voted for the "Readers' Choice" edition of The New York Times ' list of "The 100 Best Movies of the 21st Century," finishing at number 133. [ 33 ] Historical accuracy [ edit ] David McCandless 's visual blog Information is Beautiful deduced that, while taking creative license into account, the film was 91.4% accurate when compared to real-life events, calling it a "shockingly truthful film" with "very little dramatization or fakery." [ 34 ] Movie critics with backgrounds in finance also commented on the film. Many agreed with the public that The Big Short was entertaining and engaging, but also terrifying. Glenn Kenny reported that the film accurately got the message across that even though the lives of the characters were not interconnected, their stories were. [ 35 ] While the general plot of the film is the same as the book, many of the character names have been changed. For example, Steve Eisman has become "Mark Baum" and Greg Lippmann has become "Jared Vennett". Some biographical information has also been slightly modified. [ 36 ] Eisman has said that he respects Carell's portrayal but that it was not 100 percent true to his real character. Speaking to The Globe and Mail , Eisman said, "Eliminate my sense of humor and make me angry all the time, and that's [Carell's] portrayal. It's accurate enough, but it's not really me." [ 37 ] . However, in September 2025, Eisman recalled that after reading the transcript of his interview with the Financial Crisis Inquiry Commission from 2010, he reassessed Carell's portrayal: "I read my whole transcript, my entire interview... You know, Steve Carell was right. I was that angry. I was so angry at what Wall Street had done." [ 38 ] The film, along with The Wolf of Wall Street , had a brief resurgence in the wake of the January 2021 GameStop short squeeze as the events shown in the films provided reference points for what was happening with the GameStop and related stocks. [ 39 ] Adam McKay and Charles Randolph won the Academy Award , [ 40 ] BAFTA Award , [ 41 ] Critics' Choice Movie Award , [ 42 ] and Writers Guild of America Award [ 43 ] , all for Best Adapted Screenplay. They also won an Empire Award for Best Screenplay. [ 44 ] Christian Bale won the Critics' Choice Movie Award for Best Actor in a Comedy [ 45 ] and the Satellite Award for Best Supporting Actor - Motion Picture . [ 46 ] Hank Corwin won the American Cinema Editors Award for Best Edited Feature Film (Comedy or Musical) [ 47 ] and Los Angeles Film Critics Association Award for Best Editing. [ 48 ] The film won the Critics' Choice Movie Award for Best Comedy [ 45 ] and was named one of the Top 10 Films of the Year at the American Film Institute Awards 2015 . [ 49 ] Dede Gardner , Jeremy Kleiner , and Brad Pitt won the Producers Guild of America Award for Best Theatrical Motion Picture . [ 50 ] The cast also won the National Board of Review Award for Best Ensemble . [ 51 ] Bankruptcy of Lehman Brothers The Last Days of Lehman Brothers Great Recession Inside Job (2010 film) Margin Call (2011 film) Too Big to Fail (film) ^ " The Big Short (15)" . British Board of Film Classification . November 9, 2015. Archived from the original on November 16, 2015 . Retrieved November 9, 2015 . ^ FilmL.A. (June 15, 2016). "2015 Feature Film Study" . Retrieved June 29, 2017 . {{ cite web }} : CS1 maint: deprecated archival service ( link ) ^ a b "The Big Short (2015) - Box Office Mojo" . Box Office Mojo . Archived from the original on January 30, 2016 . Retrieved May 22, 2017 . ^ a b c "Paramount Taps 'Anchorman' Helmer Adam McKay To Adapt And Direct Michael Lewis' 'The Big Short' About Economic Meltdown" . Deadline Hollywood . March 24, 2014. Archived from the original on April 19, 2015 . Retrieved April 18, 2015 . ^ "Paramount pushes 'The Big Short' into awards season" . Chicago Tribune . Associated Press. September 25, 2015. Archived from the original on June 14, 2020 . Retrieved April 17, 2020 . ^ "The Big Short \| Trailer & Movie Site \| December 2015" . The Big Short . Archived from the original on December 30, 2015 . Retrieved December 26, 2015 . ^ a b Kit, Borys (January 14, 2015). "Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short' " . The Hollywood Reporter . Archived from the original on January 22, 2015 . Retrieved January 15, 2015 . ^ "Lippmann, Deutsche Trader, Steps Down, NYTimes Dealbook 21 April 2010" . April 21, 2010. Archived from the original on June 24, 2018 . Retrieved November 23, 2018 . ^ McNary, Dave (March 24, 2014). " 'Anchorman's' Adam McKay Boards Financial Drama" . Variety . Archived from the original on July 4, 2017 . Retrieved April 18, 2015 . ^ a b Hogan, Brianne (January 20, 2016). "Banking on The Big Short" . Creative Screenwriting . Archived from the original on May 8, 2016 . Retrieved January 21, 2016 . ^ a b Kroll, Justin (January 13, 2015). "Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama 'The Big Short' (EXCLUSIVE)" . Variety . Archived from the original on January 14, 2015 . Retrieved January 14, 2015 . ^ Fleming, Mike Jr. (April 21, 2015). " 'The Big Short' Solidifies With Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt" . Deadline Hollywood . Archived from the original on June 18, 2015 . Retrieved May 21, 2015 . ^ "Max Greenfield Joins Brad Pitt, Ryan Gosling in 'The Big Short' (EXCLUSIVE)" . Variety . April 23, 2015. Archived from the original on April 25, 2015 . Retrieved April 23, 2015 . ^ a b @karengillan (May 8, 2015). "Just had an amazingly fun day shooting on The Big Short film!" ( Tweet ). Archived from the original on December 13, 2015 . Retrieved May 21, 2015 – via Twitter . ^ Riley, Jenelle (December 31, 2015). " 'Big Short' Actor Jeffry Griffin Went From Extra to Sharing Scenes With Ryan Gosling" . Variety . ^ Lindsay, Benjamin (January 4, 2016). "How a 'Big Short' Extra Became Ryan Gosling's Right-Hand Man" . Backstage.com . Retrieved July 21, 2022 . ^ "Brad Pitt, Ryan Gosling, & Christian Bale are headed to Orleans for 'The Big Short' " . onlocationvacations.com . February 10, 2015. Archived from the original on February 12, 2015 . Retrieved February 13, 2015 . ^ " 'The Big Short', starring Brad Pitt, Ryan Gosling, & Christian Bale, begins filming in New Orleans" . onlocationvacations.com . March 23, 2015. Archived from the original on March 28, 2015 . Retrieved March 29, 2015 . ^ " 'The Big Short', starring Brad Pitt Ryan Gosling & Christian Bale, filming in Algiers, LA today" . onlocationvacations.com . March 25, 2015. Archived from the original on March 27, 2015 . Retrieved March 29, 2015 . ^ " 'The Big Short', starring Brad Pitt and Ryan Gosling, is filming in NYC this week!" . onlocationvacations.com . May 16, 2015. Archived from the original on May 22, 2015 . Retrieved May 22, 2015 . ^ a b Matthews, Christopher M. (May 22, 2015). " 'Big Short' Recreates Lehman Bros. Offices in Regulator's Building" . The Wall Street Journal . Archived from the original on November 26, 2017 . Retrieved May 25, 2015 . ^ "The Big Short Website" . Paramount Pictures . Archived from the original on December 30, 2015 . Retrieved September 28, 2015 . ^ "The Big Short DVD Release Date March 15, 2016" . DVDs Release Dates . Retrieved August 30, 2022 . ^ McClintock, Pamela (December 13, 2015). "Box Office: Ron Howard's 'Heart of the Sea' Capsizes With $11M U.S. Debut" . The Hollywood Reporter . Archived from the original on December 14, 2015 . Retrieved December 13, 2015 . ^ Mendelson, Scott (December 13, 2015). "Box Office: 'In The Heart Of The Sea' Is A Whale Of A Fail, 'Big Short' Strikes It Rich" . Forbes . Archived from the original on December 14, 2015 . Retrieved December 13, 2015 . ^ a b D'Alessandro, Anthony; Busch, Anita (December 28, 2015). " 'Daddy', 'Joy' & 'Hateful Eight' Reap Fortune As 'Star Wars' Halo Effect Impacts B.O…Can 'Force Awakens' Hit $1 Billion In U.S.?" . Deadline Hollywood . Archived from the original on June 13, 2018 . Retrieved April 17, 2020 . ^ "The Big Short (2015)" . Rotten Tomatoes . Fandango Media . Archived from the original on January 20, 2016 . Retrieved September 1, 2022 . ^ "The Big Short Reviews" . Metacritic . CBS Interactive . Archived from the original on January 9, 2016 . Retrieved August 13, 2019 . ^ "The Big Short Review – IGN" . IGN . December 8, 2015. Archived from the original on June 14, 2020 . Retrieved December 26, 2015 . ^ Irwin, Neil (December 23, 2015). "What 'The Big Short' Gets Right, and Wrong, About the Housing Bubble" . New York Times . Archived from the original on December 25, 2015 . Retrieved December 27, 2015 . ^ "101 Greatest Screenplays of the 21st Century (*so far)" . www.wga.org . Retrieved December 25, 2025 . ^ Pedersen, Erik (December 6, 2021). "101 Greatest Screenplays Of The 21st Century: Horror Pic Tops Writers Guild's List" . Deadline . Retrieved December 25, 2025 . ^ "Readers Choose Their Top Movies of the 21st Century" . The New York Times . Retrieved July 2, 2025 . ^ "Based on a True True Story? Scene-by-scene Breakdown of Hollywood Films" . Information Is Beautiful. Archived from the original on November 18, 2020 . Retrieved July 28, 2019 . ^ Kenny, Glenn (December 20, 2015). "The Big Short Movie Review & Film Summary (2015)" . RogerEbert.com . Archived from the original on November 16, 2020 . Retrieved December 21, 2017 . ^ Saporito, Jeff (February 24, 2016). "Which characters in "The Big Short" are based on real people" . ScreenPrism . Archived from the original on April 12, 2020 . Retrieved April 18, 2020 . ^ "Invest like a legend: Steve Eisman" . The Globe and Mail . January 29, 2016. Archived from the original on May 5, 2017 . Retrieved December 21, 2017 . ^ https://www.youtube.com/watch?v=O9tHSSlY6eg&t=2014s ^ Watercutter, Angela (January 29, 2021). "GameStop Makes This a Good Time to Rewatch The Big Short" . Wired . Retrieved January 29, 2021 . ^ "Oscars 2016: Winners list in full" . BBC News . February 28, 2016. Archived from the original on February 25, 2016 . Retrieved January 22, 2018 . ^ "BAFTA Film Awards 2016: Winners" . BBC News . February 14, 2016. Archived from the original on February 14, 2016 . Retrieved January 22, 2018 . ^ Hipes, Patrick (January 18, 2016). "Critics' Choice Awards: 'Spotlight' Wins Best Picture; 'Mr. Robot' Best Drama Series" . Deadline . Retrieved March 2, 2026 . ^ "Previous Nominees & Winners: 2016 Nominees & Winners" . The Writers Guild Awards . Archived from the original on March 28, 2016 . Retrieved January 22, 2018 . ^ Nugent, John. "Jameson Empire Awards 2016: Star Wars and Mad Max lead the nominations" . Empire . Archived from the original on April 25, 2016 . Retrieved January 22, 2018 . ^ a b Rosen, Christopher (January 17, 2016). "Critics' Choice Awards 2016 winners: Spotlight, Mad Max, Leonardo DiCaprio, and more" . Entertainment Weekly . Archived from the original on January 18, 2016 . Retrieved January 22, 2018 . ^ "2015" . Satellite Awards . Archived from the original on December 8, 2020 . Retrieved January 22, 2018 . ^ Adam Chitwood (January 4, 2016). " Mad Max: Fury Road , Star Wars , The Big Short Land ACE Eddie Editing Nominations" . Collider . Archived from the original on January 9, 2020 . Retrieved January 13, 2015 . ^ "Spotlight wins top prize from the Los Angeles Film Critics Association" . Entertainment Weekly . December 6, 2015. Archived from the original on December 7, 2015 . Retrieved January 22, 2018 . ^ Hammond, Pete; Andreeva, Nellie (December 16, 2015). "AFI Awards: Disney & Majors Dominate Film; Rookies Shine On TV Side" . Deadline Hollywood . Archived from the original on April 25, 2020 . Retrieved January 22, 2018 . ^ "Nominees Announced For Theatrical Motion Picture, Animated Motion Picture, And Long–Form TV" . Producers Guild of America . Archived from the original on January 8, 2016 . Retrieved January 22, 2018 . ^ Lewis, Hilary (December 1, 2015). " 'Mad Max: Fury Road' Named Best Film by National Board of Review" . The Hollywood Reporter . Archived from the original on December 3, 2015 . Retrieved January 22, 2018 . Official website at the Wayback Machine (archived March 3, 2016) The Big Short at IMDb The Big Short at Box Office Mojo The Big Short at Rotten Tomatoes The Big Short at Metacritic "The Big Short" at Second City Tzivi Archived September 27, 2019, at the Wayback Machine
Markdown	[Jump to content](https://en.wikipedia.org/wiki/The_Big_Short_$film$#bodyContent) Main menu Main menu move to sidebar hide Navigation - [Main page](https://en.wikipedia.org/wiki/Main_Page "Visit the main page [z]") - [Contents](https://en.wikipedia.org/wiki/Wikipedia:Contents "Guides to browsing Wikipedia") - [Current events](https://en.wikipedia.org/wiki/Portal:Current_events "Articles related to current events") - [Random article](https://en.wikipedia.org/wiki/Special:Random "Visit a randomly selected article [x]") - [About Wikipedia](https://en.wikipedia.org/wiki/Wikipedia:About "Learn about Wikipedia and how it works") - [Contact us](https://en.wikipedia.org/wiki/Wikipedia:Contact_us "How to contact Wikipedia") Contribute - [Help](https://en.wikipedia.org/wiki/Help:Contents "Guidance on how to use and edit Wikipedia") - [Learn to edit](https://en.wikipedia.org/wiki/Help:Introduction "Learn how to edit Wikipedia") - [Community portal](https://en.wikipedia.org/wiki/Wikipedia:Community_portal "The hub for editors") - [Recent changes](https://en.wikipedia.org/wiki/Special:RecentChanges "A list of recent changes to Wikipedia [r]") - [Upload file](https://en.wikipedia.org/wiki/Wikipedia:File_upload_wizard "Add images or other media for use on Wikipedia") - [Special pages](https://en.wikipedia.org/wiki/Special:SpecialPages "A list of all special pages [q]") [![](https://en.wikipedia.org/static/images/icons/enwiki-25.svg) ![Wikipedia](https://en.wikipedia.org/static/images/mobile/copyright/wikipedia-wordmark-en-25.svg) ![The Free Encyclopedia](https://en.wikipedia.org/static/images/mobile/copyright/wikipedia-tagline-en-25.svg)](https://en.wikipedia.org/wiki/Main_Page) [Search](https://en.wikipedia.org/wiki/Special:Search "Search Wikipedia [f]") Appearance - [Donate](https://donate.wikimedia.org/?wmf_source=donate&wmf_medium=sidebar&wmf_campaign=en.wikipedia.org&uselang=en) - [Create account](https://en.wikipedia.org/w/index.php?title=Special:CreateAccount&returnto=The+Big+Short+%28film%29 "You are encouraged to create an account and log in; however, it is not mandatory") - [Log in](https://en.wikipedia.org/w/index.php?title=Special:UserLogin&returnto=The+Big+Short+%28film%29 "You're encouraged to log in; however, it's not mandatory. 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[o]") ## Contents move to sidebar hide - [(Top)](https://en.wikipedia.org/wiki/The_Big_Short_$film$) - [1 Synopsis](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Synopsis) Toggle Synopsis subsection - [1\.1 Scion Capital](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Scion_Capital) - [1\.2 FrontPoint Partners](https://en.wikipedia.org/wiki/The_Big_Short_$film$#FrontPoint_Partners) - [1\.3 Brownfield Fund](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Brownfield_Fund) - [1\.4 Epilogue](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Epilogue) - [2 Cast](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Cast) - [3 Production](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Production) Toggle Production subsection - [3\.1 Development](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Development) - [3\.2 Casting](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Casting) - [3\.3 Filming](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Filming) - [4 Release](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Release) - [5 Box office](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Box_office) - [6 Reception](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Reception) Toggle Reception subsection - [6\.1 Historical accuracy](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Historical_accuracy) - [7 Accolades](https://en.wikipedia.org/wiki/The_Big_Short_$film$#Accolades) - [8 See also](https://en.wikipedia.org/wiki/The_Big_Short_$film$#See_also) - [9 References](https://en.wikipedia.org/wiki/The_Big_Short_$film$#References) - [10 External links](https://en.wikipedia.org/wiki/The_Big_Short_$film$#External_links) Toggle the table of contents # The Big Short (film) 45 languages - [العربية](https://ar.wikipedia.org/wiki/%D8%A7%D9%84%D8%B9%D8%AC%D8%B2_%D8%A7%D9%84%D9%83%D8%A8%D9%8A%D8%B1_$%D9%81%D9%84%D9%85$ "العجز الكبير (فلم) – Arabic") - [مصرى](https://arz.wikipedia.org/wiki/%D8%B0%D8%A7_%D8%A8%D9%8A%D8%AC_%D8%B4%D9%88%D8%B1%D8%AA "ذا بيج شورت – Egyptian Arabic") - [Asturianu](https://ast.wikipedia.org/wiki/The_Big_Short "The Big Short – Asturian") - [تۆرکجه](https://azb.wikipedia.org/wiki/%D8%A8%D8%A4%DB%8C%D9%88%DA%A9_%D8%A2%DA%86%DB%8C%D9%82 "بؤیوک آچیق – South Azerbaijani") - [Беларуская (тарашкевіца)](https://be-tarask.wikipedia.org/wiki/%D0%92%D1%8F%D0%BB%D1%96%D0%BA%D1%96_%D0%BF%D1%80%D0%BE%D0%B4%D0%B0%D0%B6_%D0%B1%D0%B5%D0%B7_%D0%BF%D0%B0%D0%BA%D1%80%D1%8B%D1%86%D1%8C%D1%86%D1%8F "Вялікі продаж без пакрыцьця – Belarusian (Taraškievica orthography)") - [Български](https://bg.wikipedia.org/wiki/%D0%93%D0%BE%D0%BB%D0%B5%D0%BC%D0%B8%D1%8F%D1%82_%D0%B7%D0%B0%D0%BB%D0%BE%D0%B3 "Големият залог – Bulgarian") - [বাংলা](https://bn.wikipedia.org/wiki/%E0%A6%A6%E0%A7%8D%E0%A6%AF_%E0%A6%AC%E0%A6%BF%E0%A6%97_%E0%A6%B6%E0%A6%B0%E0%A7%8D%E0%A6%9F_$%E0%A6%9A%E0%A6%B2%E0%A6%9A%E0%A7%8D%E0%A6%9A%E0%A6%BF%E0%A6%A4%E0%A7%8D%E0%A6%B0$ "দ্য বিগ শর্ট (চলচ্চিত্র) – Bangla") - [Català](https://ca.wikipedia.org/wiki/The_Big_Short "The Big Short – Catalan") - [Čeština](https://cs.wikipedia.org/wiki/S%C3%A1zka_na_nejistotu "Sázka na nejistotu – Czech") - 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[Wikiquote](https://en.wikiquote.org/wiki/The_Big_Short_$film$) - [Wikidata item](https://www.wikidata.org/wiki/Special:EntityPage/Q19850715 "Structured data on this page hosted by Wikidata [g]") Appearance move to sidebar hide From Wikipedia, the free encyclopedia 2015 American biographical drama film directed by Adam McKay \| The Big Short \| \| \|---\|---\| \| [![](https://upload.wikimedia.org/wikipedia/en/thumb/1/16/The_Big_Short_%282015_film_poster%29.png/250px-The_Big_Short_%282015_film_poster%29.png)](https://en.wikipedia.org/wiki/File:The_Big_Short_$2015_film_poster$.png)Theatrical release poster \| \| \| Directed by \| [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") \| \| Screenplay by \| [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph") Adam McKay \| \| Based on \| [The Big Short](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis") \| \| Produced by \| [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner") [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner") [Arnon Milchan](https://en.wikipedia.org/wiki/Arnon_Milchan "Arnon Milchan") \| \| Starring \| [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell") [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") Brad Pitt \| \| Cinematography \| [Barry Ackroyd](https://en.wikipedia.org/wiki/Barry_Ackroyd "Barry Ackroyd") \| \| Edited by \| [Hank Corwin](https://en.wikipedia.org/wiki/Hank_Corwin "Hank Corwin") \| \| Music by \| [Nicholas Britell](https://en.wikipedia.org/wiki/Nicholas_Britell "Nicholas Britell") \| \| Production companies \| [Paramount Pictures](https://en.wikipedia.org/wiki/Paramount_Pictures "Paramount Pictures") [Regency Enterprises](https://en.wikipedia.org/wiki/Regency_Enterprises "Regency Enterprises") [Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") \| \| Distributed by \| Paramount Pictures \| \| Release dates \| November 12, 2015 (2015-11-12) ([AFI Fest](https://en.wikipedia.org/wiki/American_Film_Institute "American Film Institute")) December 23, 2015 (2015-12-23) (United States) \| \| Running time \| 130 minutes[\[1\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-1) \| \| Country \| United States \| \| Language \| English \| \| Budget \| \$50 million[\[2\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-2) \| \| Box office \| \$133.4 million[\[3\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-BOM-3) \| *The Big Short* is a 2015 American [biographical](https://en.wikipedia.org/wiki/Biographical_film "Biographical film") [comedy drama](https://en.wikipedia.org/wiki/Comedy_drama "Comedy drama") film directed by [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") from a screenplay by McKay and [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph"). Based on [the 2010 book](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis"), it depicts how the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis") was triggered by the [United States housing bubble](https://en.wikipedia.org/wiki/2000s_United_States_housing_bubble "2000s United States housing bubble").[\[4\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-McKay-4) The film stars [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale"), [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell"), [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling"), and [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt"), with [John Magaro](https://en.wikipedia.org/wiki/John_Magaro "John Magaro"), [Finn Wittrock](https://en.wikipedia.org/wiki/Finn_Wittrock "Finn Wittrock"), [Hamish Linklater](https://en.wikipedia.org/wiki/Hamish_Linklater "Hamish Linklater"), [Rafe Spall](https://en.wikipedia.org/wiki/Rafe_Spall "Rafe Spall"), [Jeremy Strong](https://en.wikipedia.org/wiki/Jeremy_Strong_$actor$ "Jeremy Strong (actor)"), and [Marisa Tomei](https://en.wikipedia.org/wiki/Marisa_Tomei "Marisa Tomei") in supporting roles. The Big Short began a [limited release](https://en.wikipedia.org/wiki/Limited_release "Limited release") in the United States on December 11, 2015, followed by a [wide release](https://en.wikipedia.org/wiki/Wide_release "Wide release") on December 23 by [Paramount Pictures](https://en.wikipedia.org/wiki/Paramount_Pictures "Paramount Pictures").[\[5\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-5)[\[6\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-6) A critical and commercial success, the film grossed \$133 million on a \$50 million budget and received acclaim for the performances of the cast (particularly those of Bale and Carell), McKay's direction, editing, and the screenplay. The film won the [Academy Award for Best Adapted Screenplay](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Adapted_Screenplay "Academy Award for Best Adapted Screenplay") in addition to nominations for [Best Picture](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Picture "Academy Award for Best Picture"), [Best Director](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Director "Academy Award for Best Director"), [Best Supporting Actor](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Supporting_Actor "Academy Award for Best Supporting Actor") (Bale), and [Best Film Editing](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Film_Editing "Academy Award for Best Film Editing"). ## Synopsis \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=1 "Edit section: Synopsis")\] The film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis"). ### Scion Capital \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=2 "Edit section: Scion Capital")\] In 2005, eccentric [hedge fund](https://en.wikipedia.org/wiki/Hedge_fund "Hedge fund") manager [Michael Burry](https://en.wikipedia.org/wiki/Michael_Burry "Michael Burry") discovers that the United States [housing market](https://en.wikipedia.org/wiki/Real_estate_economics "Real estate economics"), based on high-risk [subprime loans](https://en.wikipedia.org/wiki/Subprime_lending "Subprime lending"), is [extremely unstable](https://en.wikipedia.org/wiki/Economic_bubble "Economic bubble"). Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from [adjustable-rate mortgages](https://en.wikipedia.org/wiki/Adjustable-rate_mortgage "Adjustable-rate mortgage"), he proposes to create a [credit default swap](https://en.wikipedia.org/wiki/Credit_default_swap "Credit default swap") (CDS) market for [mortgage-backed securities](https://en.wikipedia.org/wiki/Mortgage-backed_securities "Mortgage-backed securities") (MBSs), allowing him to bet against, or [short](https://en.wikipedia.org/wiki/Short_$finance$ "Short (finance)"), MBSs for profit. His long-term bet, exceeding \$1 billion, is accepted by major [investment](https://en.wikipedia.org/wiki/Investment_bank "Investment bank") and [commercial banks](https://en.wikipedia.org/wiki/Commercial_bank "Commercial bank") such as [Goldman Sachs](https://en.wikipedia.org/wiki/Goldman_Sachs "Goldman Sachs"), but requires paying substantial monthly [premiums](https://en.wikipedia.org/wiki/Insurance "Insurance"). This sparks his main client, Lawrence Fields, to accuse him of "wasting" [capital](https://en.wikipedia.org/wiki/Capital_asset "Capital asset") while many clients demand that he reverse and sell, but Burry refuses. Under pressure, he eventually restricts withdrawals, angering investors, and Fields sues Burry. Eventually, the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis") began and his fund's value increases by 489% with an overall profit (even allowing for the massive premiums) of over \$2.69 billion, with Fields alone receiving \$489 million. ### FrontPoint Partners \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=3 "Edit section: FrontPoint Partners")\] Jared Vennett (based on [Greg Lippmann](https://en.wikipedia.org/wiki/Greg_Lippmann "Greg Lippmann")),[\[7\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CarellCast-7) the executive in charge of global asset-backed securities trading at [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank"),[\[8\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-8) is one of the first bankers to understand Burry's analysis, learning from one of the bankers who sold Burry an early CDS. Using his [quant](https://en.wikipedia.org/wiki/Quantitative_analyst "Quantitative analyst") to verify that Burry is most likely correct, he decides to enter the market and purchase CDSs himself. However, his large monthly premiums result in him looking to reduce the size of his position by selling CDSs. A misplaced phone call alerts [FrontPoint Partners](https://en.wikipedia.org/wiki/FrontPoint_Partners "FrontPoint Partners") hedge fund manager Mark Baum (based on [Steve Eisman](https://en.wikipedia.org/wiki/Steve_Eisman "Steve Eisman")), who is motivated to buy swaps from Vennett due to his low regard for banks' ethics and business models. Vennett explains that the packaging of subprime loans into [collateralized debt obligations](https://en.wikipedia.org/wiki/Collateralized_debt_obligation "Collateralized debt obligation") (CDOs) rated [AAA](https://en.wikipedia.org/wiki/Bond_credit_rating#Credit_rating_tiers "Bond credit rating") will guarantee their eventual collapse. Conducting a field investigation in South Florida, the FrontPoint team discovers that [mortgage brokers](https://en.wikipedia.org/wiki/Mortgage_broker "Mortgage broker") are profiting by selling their mortgage deals to [Wall Street](https://en.wikipedia.org/wiki/Wall_Street "Wall Street") banks, which pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy CDSs from Vennett. In early 2007, as these loans begin to default, CDO prices somehow rise and ratings agencies refuse to downgrade the bond ratings. Baum discovers [conflicts of interest](https://en.wikipedia.org/wiki/Conflicts_of_interest "Conflicts of interest") and [dishonesty amongst the credit rating agencies](https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis "Credit rating agencies and the subprime crisis") from an acquaintance at [Standard & Poor's](https://en.wikipedia.org/wiki/Standard_%26_Poor%27s "Standard & Poor's"). Vennett invites the team to the American Securitization Forum in Las Vegas, where Baum learns from a CDO manager that the market for insuring mortgage bonds, including "[synthetic CDOs](https://en.wikipedia.org/wiki/Synthetic_CDO "Synthetic CDO")" which are bets in favor of the faulty mortgage bonds, is significantly larger than the market for the mortgage loans themselves, leading a horrified Baum to realize the entire world economy is set to collapse. As the subprime bonds continue to fall, Baum learns that [Morgan Stanley](https://en.wikipedia.org/wiki/Morgan_Stanley "Morgan Stanley"), under whose umbrella FrontPoint operates, had also [taken short positions against mortgage derivatives](https://en.wikipedia.org/wiki/Proprietary_trading "Proprietary trading"). However, in order to offset the risk and the monthly premiums, it had sold short positions in higher-rated mortgage derivatives. Now that these are also collapsing in value, Morgan Stanley is facing severe [liquidity](https://en.wikipedia.org/wiki/Market_liquidity "Market liquidity") problems. Despite pressure from his staff to sell their position before Morgan Stanley collapses, Baum refuses to sell until the economy is on the verge of collapsing, making over \$1 billion in their CDSs. Even so, Baum laments that the banks, as well as the government, will not admit what caused the economy to collapse, but will instead blame "immigrants and poor people." ### Brownfield Fund \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=4 "Edit section: Brownfield Fund")\] Young investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Fund (based on the firm [Cornwall Capital](https://en.wikipedia.org/wiki/Cornwall_Capital "Cornwall Capital")). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of [JPMorgan Chase](https://en.wikipedia.org/wiki/JPMorgan_Chase "JPMorgan Chase") (the characters address the audience stating that in reality they had heard about Vennett's plan through word-of-mouth from friends and publications), convincing them to invest in CDSs, as it fits their strategy of buying cheap insurance with big potential payouts. As they are far below the capital threshold for an [International Swaps and Derivatives Association](https://en.wikipedia.org/wiki/International_Swaps_and_Derivatives_Association "International Swaps and Derivatives Association") (ISDA) [Master Agreement](https://en.wikipedia.org/wiki/ISDA_Master_Agreement "ISDA Master Agreement") required to enter into trades like Burry's and Baum's, they enlist the aid of Ben Rickert, Shipley's neighbor and a retired securities trader who was based in [Singapore](https://en.wikipedia.org/wiki/Singapore "Singapore"). When the bond values and CDOs rise despite defaults, Geller suspects the banks are committing fraud. The trio also visit the American Securitization Forum, where they learn that the [SEC](https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_Commission "U.S. Securities and Exchange Commission") has no regulations to monitor mortgage-backed security activity. They successfully make profit by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio. Later, as home mortgage defaults increase, the price of their CDSs does not rise nor does the price of the underlying mortgage bonds drop, and they realize the banks and the ratings agencies are secretly freezing the price of their CDOs in order to sell and short them before the inevitable crash. Outraged at the banks' cheating, Geller and Shipley try to tip off the press about the upcoming disaster and the rampant fraud, but a reporter from [The Wall Street Journal](https://en.wikipedia.org/wiki/The_Wall_Street_Journal "The Wall Street Journal") whom they have known since college and regard as principled declines to report the story in the interest of preserving his relationships with Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their CDSs. Ultimately, they turn their \$30 million investment into \$80 million, but their faith in the system is broken when Ben tells them of the severe consequences for the general public. ### Epilogue \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=5 "Edit section: Epilogue")\] Jared Vennett receives a bonus of \$47 million for profits made on his CDSs. Mark Baum becomes more gracious from the financial fallout, and his staff continue to operate their fund. Charlie Geller and Jamie Shipley go their separate ways after unsuccessfully trying to sue the ratings agencies, with Jamie still running the fund and Charlie moving to [Charlotte](https://en.wikipedia.org/wiki/Charlotte,_North_Carolina "Charlotte, North Carolina") to start a family. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS [audits](https://en.wikipedia.org/wiki/Audit "Audit"), now investing only in water securities. The personnel of the banks responsible for the crisis escape any consequences for their actions, with the single exception of one trader, [Kareem Serageldin](https://en.wikipedia.org/wiki/Kareem_Serageldin "Kareem Serageldin"). It is noted that as of 2015, banks are selling CDOs again under a new label: "[Bespoke Tranche Opportunity](https://en.wikipedia.org/wiki/Bespoke_portfolio_$CDO$ "Bespoke portfolio (CDO)")". ## Cast \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=6 "Edit section: Cast")\] [![](https://upload.wikimedia.org/wikipedia/commons/thumb/7/73/Christian_Bale_2014_%28cropped%29.jpg/120px-Christian_Bale_2014_%28cropped%29.jpg)](https://en.wikipedia.org/wiki/File:Christian_Bale_2014_$cropped$.jpg) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/9/96/Steve_Carell_November_2014.jpg/120px-Steve_Carell_November_2014.jpg)](https://en.wikipedia.org/wiki/File:Steve_Carell_November_2014.jpg) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/f/fc/Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg/120px-Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg)](https://en.wikipedia.org/wiki/File:Ryan_Gosling_$36034827222$_$cropped$.jpg) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Brad_Pitt_2019_by_Glenn_Francis.jpg/120px-Brad_Pitt_2019_by_Glenn_Francis.jpg)](https://en.wikipedia.org/wiki/File:Brad_Pitt_2019_by_Glenn_Francis.jpg) The main cast of the film: [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale"), [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell"), [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") and [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") - [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") as [Michael Burry](https://en.wikipedia.org/wiki/Michael_Burry "Michael Burry"), one of the first people to discover the American housing market bubble. Burry operates his own hedge fund, [Scion Capital](https://en.wikipedia.org/wiki/Scion_Capital "Scion Capital"), and uses his liquidity to short the housing market. - [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell") as Mark Baum, the leader of [FrontPoint Partners](https://en.wikipedia.org/wiki/FrontPoint_Partners "FrontPoint Partners"), a small independent trading firm. Baum is in a state of constant disgust with the American banks. The character is based on [Steve Eisman](https://en.wikipedia.org/wiki/Steve_Eisman "Steve Eisman"). - [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") as Jared Vennett, a salesman from [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank") who decides to sell Burry's credit default swaps for his own profit. The character of Vennett is based on [Greg Lippmann](https://en.wikipedia.org/wiki/Greg_Lippmann "Greg Lippmann"). - [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") as Ben Rickert, a retired former trader who helps Jamie and Charlie with their trades. The character is based on Ben Hockett. - [John Magaro](https://en.wikipedia.org/wiki/John_Magaro "John Magaro") as Charlie Geller, one half of Brownfield Fund (based on [Cornwall Capital](https://en.wikipedia.org/wiki/Cornwall_Capital "Cornwall Capital")), who discover Vennett's prospectus and also decide to short the housing market. The character is based on Charlie Ledley. - [Finn Wittrock](https://en.wikipedia.org/wiki/Finn_Wittrock "Finn Wittrock") as Jamie Shipley, Charlie's partner in Brownfield Fund. The character is based on James Mai. - [Hamish Linklater](https://en.wikipedia.org/wiki/Hamish_Linklater "Hamish Linklater") as [Porter Collins](https://en.wikipedia.org/wiki/Porter_Collins "Porter Collins") - [Rafe Spall](https://en.wikipedia.org/wiki/Rafe_Spall "Rafe Spall") as Danny Moses - [Jeremy Strong](https://en.wikipedia.org/wiki/Jeremy_Strong_$actor$ "Jeremy Strong (actor)") as Vinny Daniel - [Marisa Tomei](https://en.wikipedia.org/wiki/Marisa_Tomei "Marisa Tomei") as Cynthia Baum, Mark Baum's wife. - [Tracy Letts](https://en.wikipedia.org/wiki/Tracy_Letts "Tracy Letts") as Lawrence Fields, an investor in Burry's hedge fund, a fictional composite of [Joel Greenblatt](https://en.wikipedia.org/wiki/Joel_Greenblatt "Joel Greenblatt") and others who had invested with Burry but came to disagree with his strategy. - [Adepero Oduye](https://en.wikipedia.org/wiki/Adepero_Oduye "Adepero Oduye") as Kathy Tao, an employee of [Morgan Stanley](https://en.wikipedia.org/wiki/Morgan_Stanley "Morgan Stanley"), who oversees Baum's fund. - [Karen Gillan](https://en.wikipedia.org/wiki/Karen_Gillan "Karen Gillan") as Evie, an employee of the [SEC](https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_Commission "U.S. Securities and Exchange Commission") and Jamie's brother's ex-girlfriend, whom he meets with in Las Vegas. - [Byron Mann](https://en.wikipedia.org/wiki/Byron_Mann "Byron Mann") as Wing Chau, a CDO manager whom Baum interviews in Las Vegas. - [Melissa Leo](https://en.wikipedia.org/wiki/Melissa_Leo "Melissa Leo") as Georgia Hale, an employee of [Standard and Poor's](https://en.wikipedia.org/wiki/Standard_and_Poor%27s "Standard and Poor's") based on Ernestine Warner, who admits to giving inaccurate ratings for bonds. - [Jae Suh Park](https://en.wikipedia.org/wiki/Jae_Suh_Park "Jae Suh Park") as Burry's wife. - [Max Greenfield](https://en.wikipedia.org/wiki/Max_Greenfield "Max Greenfield") and [Billy Magnussen](https://en.wikipedia.org/wiki/Billy_Magnussen "Billy Magnussen") as mortgage brokers taking advantage of people looking for homes. - Stanley Wong as Ted Jiang, a [quantitative analyst](https://en.wikipedia.org/wiki/Quantitative_analysis_$finance$ "Quantitative analysis (finance)") working for Jared Vennett. The character is based on real 'quant' Eugene Xu. Several celebrities appear as themselves throughout the film in interstitials to explain different financial aspects of the film: [Margot Robbie](https://en.wikipedia.org/wiki/Margot_Robbie "Margot Robbie") appears to explain [mortgage-backed securities](https://en.wikipedia.org/wiki/Mortgage-backed_security "Mortgage-backed security"), [Anthony Bourdain](https://en.wikipedia.org/wiki/Anthony_Bourdain "Anthony Bourdain") to detail [collateralized debt obligations](https://en.wikipedia.org/wiki/Collateralized_debt_obligation "Collateralized debt obligation"), and [Richard Thaler](https://en.wikipedia.org/wiki/Richard_Thaler "Richard Thaler") and [Selena Gomez](https://en.wikipedia.org/wiki/Selena_Gomez "Selena Gomez") to describe [credit default swaps](https://en.wikipedia.org/wiki/Credit_default_swap "Credit default swap") and [synthetic CDOs](https://en.wikipedia.org/wiki/Synthetic_CDO "Synthetic CDO"). The real [Michael Burry](https://en.wikipedia.org/wiki/Michael_Burry "Michael Burry") appears in a cameo as a worker at Scion Capital. ## Production \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=7 "Edit section: Production")\] ### Development \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=8 "Edit section: Development")\] In 2013, [Paramount](https://en.wikipedia.org/wiki/Paramount_Pictures "Paramount Pictures") acquired the rights to the 2010 non-fiction book [The Big Short: Inside the Doomsday Machine](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis"), to develop it into a film, which [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt")'s [Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") would produce.[\[9\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-9) On March 24, 2014, [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") was hired to write and direct a film about the housing and [economic bubble](https://en.wikipedia.org/wiki/Economic_bubble "Economic bubble").[\[4\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-McKay-4) Screenwriter [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph"), who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told Creative Screenwriting, "In general it was trying to find the right tone that was slightly funnier than your average [Miloš Forman](https://en.wikipedia.org/wiki/Milo%C5%A1_Forman "Miloš Forman") comedy, which is all grounded character-based but not so satirical where you got [Wag the Dog](https://en.wikipedia.org/wiki/Wag_the_Dog "Wag the Dog"). Somewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market's movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that."[\[10\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Hogan-10) Two years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts.[\[10\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Hogan-10) ### Casting \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=9 "Edit section: Casting")\] On January 13, 2015, [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)") reported that [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt"), [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale"), and [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") were set to star in the film, with Pitt producing the film along with [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner") and [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner"). [Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") would produce, with Paramount handling the distribution rights.[\[11\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Cast-11) Before this, Pitt had already starred in the adaptation of the author's [Moneyball](https://en.wikipedia.org/wiki/Moneyball_$film$ "Moneyball (film)"), for which he was nominated for an Oscar.[\[4\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-McKay-4)[\[11\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Cast-11) On January 14, it was announced that [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell") would also star.[\[7\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CarellCast-7) On April 21, 2015, more cast was revealed by Deadline, including [Melissa Leo](https://en.wikipedia.org/wiki/Melissa_Leo "Melissa Leo"), [Marisa Tomei](https://en.wikipedia.org/wiki/Marisa_Tomei "Marisa Tomei"), [Tracy Letts](https://en.wikipedia.org/wiki/Tracy_Letts "Tracy Letts"), [Hamish Linklater](https://en.wikipedia.org/wiki/Hamish_Linklater "Hamish Linklater"), [John Magaro](https://en.wikipedia.org/wiki/John_Magaro "John Magaro"), [Byron Mann](https://en.wikipedia.org/wiki/Byron_Mann "Byron Mann"), [Rafe Spall](https://en.wikipedia.org/wiki/Rafe_Spall "Rafe Spall"), [Jeremy Strong](https://en.wikipedia.org/wiki/Jeremy_Strong_$actor$ "Jeremy Strong (actor)"), and [Finn Wittrock](https://en.wikipedia.org/wiki/Finn_Wittrock "Finn Wittrock").[\[12\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-DeadlineCast-12) [Max Greenfield](https://en.wikipedia.org/wiki/Max_Greenfield "Max Greenfield") joined the ensemble cast of the film on April 23, 2015.[\[13\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-GreenfieldCast-13) [Karen Gillan](https://en.wikipedia.org/wiki/Karen_Gillan "Karen Gillan") tweeted about her involvement in the film on May 8, 2015.[\[14\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-GillanCast-14) Jeffry Griffin, who plays Vennett's assistant Chris, was originally planned to appear only as an [extra](https://en.wikipedia.org/wiki/Extra_$acting$ "Extra (acting)") and was cast to a speaking role after a production assistant picked him out of a crowd.[\[15\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-15)[\[16\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-16) ### Filming \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=10 "Edit section: Filming")\] [Principal photography](https://en.wikipedia.org/wiki/Principal_photography "Principal photography") on the film began on March 18, 2015, in [New Orleans](https://en.wikipedia.org/wiki/New_Orleans "New Orleans"), [Louisiana](https://en.wikipedia.org/wiki/Louisiana "Louisiana").[\[17\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-17)[\[18\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-18) On March 25, filming was taking place on General de Gaulle Boulevard in the [Algiers](https://en.wikipedia.org/wiki/Algiers,_New_Orleans "Algiers, New Orleans") section of New Orleans.[\[19\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-19) On May 8, Gillan confirmed she was shooting her scenes.[\[14\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-GillanCast-14) On May 20, 2015, filming took place on a short stretch of Mercer Street, between [Prince Street](https://en.wikipedia.org/wiki/Prince_Street_$BMT_Broadway_Line$ "Prince Street (BMT Broadway Line)") and [Spring Street](https://en.wikipedia.org/wiki/Spring_Street_$Manhattan$ "Spring Street (Manhattan)"), in [Manhattan](https://en.wikipedia.org/wiki/Manhattan "Manhattan"), [New York City](https://en.wikipedia.org/wiki/New_York_City "New York City").[\[20\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-20) On May 22, the production crew recreated the offices of failed investment firm [Lehman Brothers](https://en.wikipedia.org/wiki/Lehman_Brothers "Lehman Brothers") in the lobby of the [New York State Department of Financial Services](https://en.wikipedia.org/wiki/New_York_State_Department_of_Financial_Services "New York State Department of Financial Services") in Manhattan.[\[21\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-wsj-21) An assistant counsel for the Department of Financial Services played one of the extras in the scene.[\[21\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-wsj-21) ## Release \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=11 "Edit section: Release")\] On September 22, 2015, Paramount set the film for a [limited release](https://en.wikipedia.org/wiki/Limited_release "Limited release") on December 11, 2015, and a [wide release](https://en.wikipedia.org/wiki/Wide_release "Wide release") on December 23, 2015.[\[22\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-22) The film was rated R by the Motion Picture Association (MPA, formerly MPAA) for pervasive language and some sexuality/nudity. The film was released on [DVD](https://en.wikipedia.org/wiki/DVD "DVD") and [Blu-ray](https://en.wikipedia.org/wiki/Blu-ray "Blu-ray") on March 15, 2016.[\[23\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-23) ## Box office \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=12 "Edit section: Box office")\] The Big Short grossed \$70.3 million in the United States and Canada and \$63.2 million in other countries for a worldwide total of \$133.4 million, against a production budget of \$50 million.[\[3\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-BOM-3) The film was released in eight theaters in [Los Angeles](https://en.wikipedia.org/wiki/Los_Angeles "Los Angeles"), [New York](https://en.wikipedia.org/wiki/New_York_City "New York City"), [San Francisco](https://en.wikipedia.org/wiki/San_Francisco "San Francisco") and [Chicago](https://en.wikipedia.org/wiki/Chicago "Chicago") on December 11, 2015, and earned \$705,527 (an average of \$88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by [Memoirs of a Geisha](https://en.wikipedia.org/wiki/Memoirs_of_a_Geisha_$film$ "Memoirs of a Geisha (film)") (\$85,313 per theater),[\[24\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-aAa-24) and was the third biggest theater average of 2015 behind the four screen debuts of [Steve Jobs](https://en.wikipedia.org/wiki/Steve_Jobs_$film$ "Steve Jobs (film)") (\$130,000) and [The Revenant](https://en.wikipedia.org/wiki/The_Revenant_$2015_film$ "The Revenant (2015 film)") (\$118,640).[\[25\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-25) The film had its wide release on December 23, 2015, and grossed \$2.3 million on its first day. In its opening weekend it grossed \$10.5 million, finishing 6th at the box office.[\[26\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CinemaScore-26) ## Reception \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=13 "Edit section: Reception")\] [![](https://upload.wikimedia.org/wikipedia/commons/thumb/0/0a/Christian_Bale-7837.jpg/250px-Christian_Bale-7837.jpg)](https://en.wikipedia.org/wiki/File:Christian_Bale-7837.jpg) [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") received widespread acclaim, earning an [Academy Award for Best Supporting Actor](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Supporting_Actor "Academy Award for Best Supporting Actor") nomination On [review aggregator](https://en.wikipedia.org/wiki/Review_aggregator "Review aggregator") website [Rotten Tomatoes](https://en.wikipedia.org/wiki/Rotten_Tomatoes "Rotten Tomatoes"), The Big Short has an approval rating of 89% based on 331 reviews, with an [average rating](https://en.wikipedia.org/wiki/Weighted_arithmetic_mean "Weighted arithmetic mean") of 7.80/10. The site's critical consensus reads, "The Big Short approaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain."[\[27\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-27) On [Metacritic](https://en.wikipedia.org/wiki/Metacritic "Metacritic"), the film has a score of 81 out of 100 based on 45 reviews, indicating "universal acclaim".[\[28\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-28) Audiences polled by [CinemaScore](https://en.wikipedia.org/wiki/CinemaScore "CinemaScore") gave the film an average grade of "A−" on an A+ to F scale.[\[26\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CinemaScore-26) [IGN](https://en.wikipedia.org/wiki/IGN "IGN") gave the film a score of 8.6/10, praising its "energetic direction" and making "a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it".[\[29\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-29) [The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")' "UpShot" series stated The Big Short offered the "strongest film explanation of the global financial crisis". The series also stated that it "wouldn't necessarily have been able to cash in as successfully as the characters in The Big Short. The success of this film is due to the work of the actors who played the characters.”[\[30\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-nytimes_2015_12_23-30) In 2021, members of [Writers Guild of America West](https://en.wikipedia.org/wiki/Writers_Guild_of_America_West "Writers Guild of America West") (WGAW) and [Writers Guild of America, East](https://en.wikipedia.org/wiki/Writers_Guild_of_America,_East "Writers Guild of America, East") (WGAE) voted its screenplay 55th in WGA’s 101 Greatest Screenplays of the 21st Century (So Far).[\[31\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-31)[\[32\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-32) In 2025, it was one of the films voted for the "Readers' Choice" edition of [The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")' list of "The 100 Best Movies of the 21st Century," finishing at number 133.[\[33\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-33) ### Historical accuracy \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=14 "Edit section: Historical accuracy")\] [David McCandless](https://en.wikipedia.org/wiki/David_McCandless "David McCandless")'s visual blog Information is Beautiful deduced that, while taking creative license into account, the film was 91.4% accurate when compared to real-life events, calling it a "shockingly truthful film" with "very little dramatization or fakery."[\[34\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-34) Movie critics with backgrounds in finance also commented on the film. Many agreed with the public that The Big Short was entertaining and engaging, but also terrifying. [Glenn Kenny](https://en.wikipedia.org/wiki/Glenn_Kenny "Glenn Kenny") reported that the film accurately got the message across that even though the lives of the characters were not interconnected, their stories were.[\[35\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-35) While the general plot of the film is the same as the book, many of the character names have been changed. For example, [Steve Eisman](https://en.wikipedia.org/wiki/Steve_Eisman "Steve Eisman") has become "Mark Baum" and [Greg Lippmann](https://en.wikipedia.org/wiki/Greg_Lippmann "Greg Lippmann") has become "Jared Vennett". Some biographical information has also been slightly modified.[\[36\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-36) Eisman has said that he respects Carell's portrayal but that it was not 100 percent true to his real character. Speaking to [The Globe and Mail](https://en.wikipedia.org/wiki/The_Globe_and_Mail "The Globe and Mail"), Eisman said, "Eliminate my sense of humor and make me angry all the time, and that's \[Carell's\] portrayal. It's accurate enough, but it's not really me."[\[37\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-37). However, in September 2025, Eisman recalled that after reading the transcript of his interview with the [Financial Crisis Inquiry Commission](https://en.wikipedia.org/wiki/Financial_Crisis_Inquiry_Commission "Financial Crisis Inquiry Commission") from 2010, he reassessed Carell's portrayal: "I read my whole transcript, my entire interview... You know, Steve Carell was right. I was that angry. I was so angry at what Wall Street had done." [\[38\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-38) The film, along with [The Wolf of Wall Street](https://en.wikipedia.org/wiki/The_Wolf_of_Wall_Street_$2013_film$ "The Wolf of Wall Street (2013 film)"), had a brief resurgence in the wake of the January 2021 [GameStop short squeeze](https://en.wikipedia.org/wiki/GameStop_short_squeeze "GameStop short squeeze") as the events shown in the films provided reference points for what was happening with the GameStop and related stocks.[\[39\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-39) ## Accolades \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=15 "Edit section: Accolades")\] Main article: [List of accolades received by The Big Short (film)](https://en.wikipedia.org/wiki/List_of_accolades_received_by_The_Big_Short_$film$ "List of accolades received by The Big Short (film)") [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") and [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph") won the [Academy Award](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Adapted_Screenplay "Academy Award for Best Adapted Screenplay"),[\[40\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-40) [BAFTA Award](https://en.wikipedia.org/wiki/BAFTA_Award_for_Best_Adapted_Screenplay "BAFTA Award for Best Adapted Screenplay"),[\[41\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-41) [Critics' Choice Movie Award](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Adapted_Screenplay "Critics' Choice Movie Award for Best Adapted Screenplay"),[\[42\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-42) and [Writers Guild of America Award](https://en.wikipedia.org/wiki/Writers_Guild_of_America_Award_for_Best_Adapted_Screenplay "Writers Guild of America Award for Best Adapted Screenplay")[\[43\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-43), all for Best Adapted Screenplay. They also won an [Empire Award](https://en.wikipedia.org/wiki/21st_Empire_Awards "21st Empire Awards") for Best Screenplay.[\[44\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-44) [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") won the [Critics' Choice Movie Award for Best Actor in a Comedy](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Actor_in_a_Comedy "Critics' Choice Movie Award for Best Actor in a Comedy")[\[45\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Critic's_Choice-45) and the [Satellite Award for Best Supporting Actor - Motion Picture](https://en.wikipedia.org/wiki/Satellite_Award_for_Best_Actor_in_a_Supporting_Role "Satellite Award for Best Actor in a Supporting Role").[\[46\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-46) [Hank Corwin](https://en.wikipedia.org/wiki/Hank_Corwin "Hank Corwin") won the [American Cinema Editors Award for Best Edited Feature Film (Comedy or Musical)](https://en.wikipedia.org/wiki/American_Cinema_Editors_Award_for_Best_Edited_Feature_Film_%E2%80%93_Comedy_or_Musical "American Cinema Editors Award for Best Edited Feature Film – Comedy or Musical")[\[47\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-47) and [Los Angeles Film Critics Association Award](https://en.wikipedia.org/wiki/Los_Angeles_Film_Critics_Association "Los Angeles Film Critics Association") for Best Editing.[\[48\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-48) The film won the [Critics' Choice Movie Award for Best Comedy](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Comedy "Critics' Choice Movie Award for Best Comedy")[\[45\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Critic's_Choice-45) and was named one of the Top 10 Films of the Year at the [American Film Institute Awards 2015](https://en.wikipedia.org/wiki/American_Film_Institute_Awards_2015 "American Film Institute Awards 2015").[\[49\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-49) [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner"), [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner"), and [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") won the [Producers Guild of America Award for Best Theatrical Motion Picture](https://en.wikipedia.org/wiki/Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture "Producers Guild of America Award for Best Theatrical Motion Picture").[\[50\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-50) The cast also won the [National Board of Review Award for Best Ensemble](https://en.wikipedia.org/wiki/National_Board_of_Review_Award_for_Best_Cast "National Board of Review Award for Best Cast").[\[51\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-51) ## See also \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=16 "Edit section: See also")\] - ![](https://upload.wikimedia.org/wikipedia/en/thumb/e/e7/Video-x-generic.svg/40px-Video-x-generic.svg.png)[Film portal](https://en.wikipedia.org/wiki/Portal:Film "Portal:Film") - [Bankruptcy of Lehman Brothers](https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers "Bankruptcy of Lehman Brothers") - [The Last Days of Lehman Brothers](https://en.wikipedia.org/wiki/The_Last_Days_of_Lehman_Brothers "The Last Days of Lehman Brothers") - [Great Recession](https://en.wikipedia.org/wiki/Great_Recession "Great Recession") - [Inside Job (2010 film)](https://en.wikipedia.org/wiki/Inside_Job_$2010_film$ "Inside Job (2010 film)") - [Margin Call (2011 film)](https://en.wikipedia.org/wiki/Margin_Call "Margin Call") - [Too Big to Fail (film)](https://en.wikipedia.org/wiki/Too_Big_to_Fail_$film$ "Too Big to Fail (film)") ## References \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=17 "Edit section: References")\] 1. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-1) ["The Big Short (15)"](https://web.archive.org/web/20151116073303/http://bbfc.co.uk/releases/big-short-film). [British Board of Film Classification](https://en.wikipedia.org/wiki/British_Board_of_Film_Classification "British Board of Film Classification"). November 9, 2015. Archived from [the original](https://www.bbfc.co.uk/AVF331428) on November 16, 2015. Retrieved November 9, 2015. 2. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-2) FilmL.A. (June 15, 2016). ["2015 Feature Film Study"](https://indd.adobe.com/view/87976431-f650-4be0-a9c3-392d676b5514). Retrieved June 29, 2017. `{{cite web}}`: CS1 maint: deprecated archival service ([link](https://en.wikipedia.org/wiki/Category:CS1_maint:_deprecated_archival_service "Category:CS1 maint: deprecated archival service")) 3. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-BOM_3-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-BOM_3-1) ["The Big Short (2015) - Box Office Mojo"](https://www.boxofficemojo.com/movies/?id=bigshort.htm). Box Office Mojo. [Archived](https://web.archive.org/web/20160130175347/http://www.boxofficemojo.com/movies/?id=bigshort.htm) from the original on January 30, 2016. Retrieved May 22, 2017. 4. ^ [a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-McKay_4-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-McKay_4-1) [c](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-McKay_4-2) ["Paramount Taps 'Anchorman' Helmer Adam McKay To Adapt And Direct Michael Lewis' 'The Big Short' About Economic Meltdown"](https://deadline.com/2014/03/adam-mckay-big-short-movie-michael-lews-703473/). [Deadline Hollywood](https://en.wikipedia.org/wiki/Deadline_Hollywood "Deadline Hollywood"). March 24, 2014. [Archived](https://web.archive.org/web/20150419032021/http://deadline.com/2014/03/adam-mckay-big-short-movie-michael-lews-703473/) from the original on April 19, 2015. Retrieved April 18, 2015. 5. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-5)* ["Paramount pushes 'The Big Short' into awards season"](https://www.chicagotribune.com/entertainment/sns-bc-us--film-the-big-short-20150922-story.html). [Chicago Tribune](https://en.wikipedia.org/wiki/Chicago_Tribune "Chicago Tribune"). Associated Press. September 25, 2015. [Archived](https://web.archive.org/web/20200614090319/https://www.chicagotribune.com/entertainment/sns-bc-us--film-the-big-short-20150922-story.html) from the original on June 14, 2020. Retrieved April 17, 2020. 6. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-6) ["The Big Short \\| Trailer & Movie Site \\| December 2015"](http://www.thebigshortmovie.com/). The Big Short. [Archived](https://web.archive.org/web/20151230183944/http://www.thebigshortmovie.com/) from the original on December 30, 2015. Retrieved December 26, 2015. 7. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-CarellCast_7-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-CarellCast_7-1) Kit, Borys (January 14, 2015). ["Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short'"](https://www.hollywoodreporter.com/news/steve-carell-talks-join-christian-763755). [The Hollywood Reporter](https://en.wikipedia.org/wiki/The_Hollywood_Reporter "The Hollywood Reporter"). [Archived](https://web.archive.org/web/20150122231841/http://www.hollywoodreporter.com/news/steve-carell-talks-join-christian-763755) from the original on January 22, 2015. Retrieved January 15, 2015. 8. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-8)* ["Lippmann, Deutsche Trader, Steps Down, NYTimes Dealbook 21 April 2010"](https://dealbook.nytimes.com/2010/04/21/lippmann-deutsche-trader-steps-down). April 21, 2010. [Archived](https://web.archive.org/web/20180624035829/https://dealbook.nytimes.com/2010/04/21/lippmann-deutsche-trader-steps-down/) from the original on June 24, 2018. Retrieved November 23, 2018. 9. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-9) McNary, Dave (March 24, 2014). ["'Anchorman's' Adam McKay Boards Financial Drama"](https://variety.com/2014/film/news/adam-mckay-big-short-brad-pitt-1201144582/). [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)"). [Archived](https://web.archive.org/web/20170704085656/http://variety.com/2014/film/news/adam-mckay-big-short-brad-pitt-1201144582/) from the original on July 4, 2017. Retrieved April 18, 2015. 10. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Hogan_10-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Hogan_10-1) Hogan, Brianne (January 20, 2016). ["Banking on The Big Short"](http://creativescreenwriting.com/banking-on-the-big-short/). Creative Screenwriting. [Archived](https://web.archive.org/web/20160508090559/http://creativescreenwriting.com/banking-on-the-big-short/) from the original on May 8, 2016. Retrieved January 21, 2016. 11. ^ [a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Cast_11-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Cast_11-1) Kroll, Justin (January 13, 2015). ["Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama 'The Big Short' (EXCLUSIVE)"](https://variety.com/2015/film/news/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038/). [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)"). [Archived](https://web.archive.org/web/20150114172701/http://variety.com/2015/film/news/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038/) from the original on January 14, 2015. Retrieved January 14, 2015. 12. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-DeadlineCast_12-0)* Fleming, Mike Jr. (April 21, 2015). ["'The Big Short' Solidifies With Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt"](https://deadline.com/2015/04/the-big-short-christian-bale-steve-carell-ryan-gosling-brad-pitt-1201413659/). [Deadline Hollywood](https://en.wikipedia.org/wiki/Deadline_Hollywood "Deadline Hollywood"). [Archived](https://web.archive.org/web/20150618152249/http://deadline.com/2015/04/the-big-short-christian-bale-steve-carell-ryan-gosling-brad-pitt-1201413659/) from the original on June 18, 2015. Retrieved May 21, 2015. 13. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-GreenfieldCast_13-0) ["Max Greenfield Joins Brad Pitt, Ryan Gosling in 'The Big Short' (EXCLUSIVE)"](https://variety.com/2015/film/news/the-big-short-max-greenfield-cast-brad-pitt-ryan-gosling-1201477480/). [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)"). April 23, 2015. [Archived](https://web.archive.org/web/20150425021952/http://variety.com/2015/film/news/the-big-short-max-greenfield-cast-brad-pitt-ryan-gosling-1201477480/) from the original on April 25, 2015. Retrieved April 23, 2015. 14. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-GillanCast_14-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-GillanCast_14-1) @karengillan (May 8, 2015). ["Just had an amazingly fun day shooting on The Big Short film!"](https://twitter.com/karengillan/status/596799346303062016) ([Tweet](https://en.wikipedia.org/wiki/Tweet_$social_media$ "Tweet (social media)")). [Archived](https://web.archive.org/web/20151213125535/https://twitter.com/karengillan/status/596799346303062016) from the original on December 13, 2015. Retrieved May 21, 2015 – via [Twitter](https://en.wikipedia.org/wiki/Twitter "Twitter"). 15. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-15)* Riley, Jenelle (December 31, 2015). ["'Big Short' Actor Jeffry Griffin Went From Extra to Sharing Scenes With Ryan Gosling"](https://variety.com/2015/film/awards/big-short-ryan-gosling-assistant-jeffry-griffin-1201670141/). [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)"). 16. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-16) Lindsay, Benjamin (January 4, 2016). ["How a 'Big Short' Extra Became Ryan Gosling's Right-Hand Man"](https://www.backstage.com/magazine/article/big-short-extra-became-ryan-goslings-right-hand-man-8831/). [Backstage.com](https://en.wikipedia.org/wiki/Backstage.com "Backstage.com"). Retrieved July 21, 2022. 17. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-17) ["Brad Pitt, Ryan Gosling, & Christian Bale are headed to Orleans for 'The Big Short'"](https://web.archive.org/web/20150212022440/http://www.onlocationvacations.com/2015/02/10/brad-pitt-ryan-gosling-christian-bale-are-headed-to-new-orleans-for-the-big-shot/). onlocationvacations.com. February 10, 2015. Archived from [the original](http://www.onlocationvacations.com/2015/02/10/brad-pitt-ryan-gosling-christian-bale-are-headed-to-new-orleans-for-the-big-shot/) on February 12, 2015. Retrieved February 13, 2015. 18. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-18) ["'The Big Short', starring Brad Pitt, Ryan Gosling, & Christian Bale, begins filming in New Orleans"](https://web.archive.org/web/20150328005048/http://www.onlocationvacations.com/2015/03/23/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-begins-filming-in-new-orleans/). onlocationvacations.com. March 23, 2015. Archived from [the original](http://www.onlocationvacations.com/2015/03/23/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-begins-filming-in-new-orleans/) on March 28, 2015. Retrieved March 29, 2015. 19. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-19) ["'The Big Short', starring Brad Pitt Ryan Gosling & Christian Bale, filming in Algiers, LA today"](https://web.archive.org/web/20150327150534/http://www.onlocationvacations.com/2015/03/25/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-filming-in-algiers-la-today/). onlocationvacations.com. March 25, 2015. Archived from [the original](http://www.onlocationvacations.com/2015/03/25/the-big-short-starring-brad-pitt-ryan-gosling-christian-bale-filming-in-algiers-la-today/) on March 27, 2015. Retrieved March 29, 2015. 20. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-20) ["'The Big Short', starring Brad Pitt and Ryan Gosling, is filming in NYC this week!"](https://web.archive.org/web/20150522101426/http://www.onlocationvacations.com/2015/05/16/the-big-short-starring-brad-pitt-and-ryan-gosling-is-filming-in-nyc-this-week/). onlocationvacations.com. May 16, 2015. Archived from [the original](http://www.onlocationvacations.com/2015/05/16/the-big-short-starring-brad-pitt-and-ryan-gosling-is-filming-in-nyc-this-week/) on May 22, 2015. Retrieved May 22, 2015. 21. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-wsj_21-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-wsj_21-1) Matthews, Christopher M. (May 22, 2015). ["'Big Short' Recreates Lehman Bros. Offices in Regulator's Building"](https://blogs.wsj.com/moneybeat/2015/05/22/big-short-recreates-lehman-bros-offices-in-regulators-building/). [The Wall Street Journal](https://en.wikipedia.org/wiki/The_Wall_Street_Journal "The Wall Street Journal"). [Archived](https://web.archive.org/web/20171126061358/https://blogs.wsj.com/moneybeat/2015/05/22/big-short-recreates-lehman-bros-offices-in-regulators-building/) from the original on November 26, 2017. Retrieved May 25, 2015. 22. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-22)* ["The Big Short Website"](https://web.archive.org/web/20151230183944/http://www.thebigshortmovie.com/). Paramount Pictures. Archived from [the original](http://www.thebigshortmovie.com/) on December 30, 2015. Retrieved September 28, 2015. 23. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-23) ["The Big Short DVD Release Date March 15, 2016"](https://www.dvdsreleasedates.com/movies/7468/the-big-short). DVDs Release Dates. Retrieved August 30, 2022. 24. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-aAa_24-0) McClintock, Pamela (December 13, 2015). ["Box Office: Ron Howard's 'Heart of the Sea' Capsizes With \$11M U.S. Debut"](https://www.hollywoodreporter.com/news/heart-sea-capsizes-11m-debut-848308). [The Hollywood Reporter](https://en.wikipedia.org/wiki/The_Hollywood_Reporter "The Hollywood Reporter"). [Archived](https://web.archive.org/web/20151214214759/http://www.hollywoodreporter.com/news/heart-sea-capsizes-11m-debut-848308) from the original on December 14, 2015. Retrieved December 13, 2015. 25. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-25) Mendelson, Scott (December 13, 2015). ["Box Office: 'In The Heart Of The Sea' Is A Whale Of A Fail, 'Big Short' Strikes It Rich"](https://www.forbes.com/sites/scottmendelson/2015/12/13/box-office-in-the-heart-of-the-sea-is-a-whale-of-a-fail-big-short-strikes-it-rich/). [Forbes](https://en.wikipedia.org/wiki/Forbes "Forbes"). [Archived](https://web.archive.org/web/20151214134801/http://www.forbes.com/sites/scottmendelson/2015/12/13/box-office-in-the-heart-of-the-sea-is-a-whale-of-a-fail-big-short-strikes-it-rich/) from the original on December 14, 2015. Retrieved December 13, 2015. 26. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-CinemaScore_26-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-CinemaScore_26-1) D'Alessandro, Anthony; Busch, Anita (December 28, 2015). ["'Daddy', 'Joy' & 'Hateful Eight' Reap Fortune As 'Star Wars' Halo Effect Impacts B.O…Can 'Force Awakens' Hit \$1 Billion In U.S.?"](https://deadline.com/2015/12/star-wars-force-awakens-christmas-weekend-box-office-record-joy-daddys-home-concussion-point-break-1201672899/). [Deadline Hollywood](https://en.wikipedia.org/wiki/Deadline_Hollywood "Deadline Hollywood"). [Archived](https://web.archive.org/web/20180613000029/https://deadline.com/2015/12/star-wars-force-awakens-christmas-weekend-box-office-record-joy-daddys-home-concussion-point-break-1201672899/) from the original on June 13, 2018. Retrieved April 17, 2020. 27. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-27)* ["The Big Short (2015)"](https://www.rottentomatoes.com/m/the_big_short/). [Rotten Tomatoes](https://en.wikipedia.org/wiki/Rotten_Tomatoes "Rotten Tomatoes"). [Fandango Media](https://en.wikipedia.org/wiki/Fandango_Media "Fandango Media"). [Archived](https://web.archive.org/web/20160120165025/http://www.rottentomatoes.com/m/the_big_short/) from the original on January 20, 2016. Retrieved September 1, 2022. 28. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-28) ["The Big Short Reviews"](https://www.metacritic.com/movie/the-big-short). [Metacritic](https://en.wikipedia.org/wiki/Metacritic "Metacritic"). [CBS Interactive](https://en.wikipedia.org/wiki/CBS_Interactive "CBS Interactive"). [Archived](https://web.archive.org/web/20160109150905/http://www.metacritic.com/movie/the-big-short) from the original on January 9, 2016. Retrieved August 13, 2019. 29. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-29) ["The Big Short Review – IGN"](https://www.ign.com/articles/2015/12/08/the-big-short-review). IGN. December 8, 2015. [Archived](https://web.archive.org/web/20200614152454/https://www.ign.com/articles/2015/12/08/the-big-short-review) from the original on June 14, 2020. Retrieved December 26, 2015. 30. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-nytimes_2015_12_23_30-0) Irwin, Neil (December 23, 2015). ["What 'The Big Short' Gets Right, and Wrong, About the Housing Bubble"](https://www.nytimes.com/2015/12/23/upshot/what-the-big-short-gets-right-and-wrong-about-the-housing-bubble.html?smid=tw-nytimes&smtyp=cur). New York Times. [Archived](https://web.archive.org/web/20151225110732/http://www.nytimes.com/2015/12/23/upshot/what-the-big-short-gets-right-and-wrong-about-the-housing-bubble.html?smid=tw-nytimes&smtyp=cur) from the original on December 25, 2015. Retrieved December 27, 2015. 31. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-31) ["101 Greatest Screenplays of the 21st Century (\so far)"](https://www.wga.org/writers-room/101-best-lists/101-best-screenplays-of-the-21st-century-so-far/list). www.wga.org. Retrieved December 25, 2025. 32. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-32)* Pedersen, Erik (December 6, 2021). ["101 Greatest Screenplays Of The 21st Century: Horror Pic Tops Writers Guild's List"](https://deadline.com/2021/12/greatest-screenplays-of-21st-century-list-writers-guild-get-out-1234885622/). Deadline. Retrieved December 25, 2025. 33. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-33) ["Readers Choose Their Top Movies of the 21st Century"](https://www.nytimes.com/interactive/2025/movies/readers-movies-21st-century.html). The New York Times. Retrieved July 2, 2025. 34. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-34) ["Based on a True True Story? Scene-by-scene Breakdown of Hollywood Films"](https://www.informationisbeautiful.net/visualizations/based-on-a-true-true-story/). Information Is Beautiful. [Archived](https://web.archive.org/web/20201118143948/https://www.informationisbeautiful.net/visualizations/based-on-a-true-true-story/) from the original on November 18, 2020. Retrieved July 28, 2019. 35. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-35) Kenny, Glenn (December 20, 2015). ["The Big Short Movie Review & Film Summary (2015)"](https://www.rogerebert.com/reviews/the-big-short-2015). RogerEbert.com. [Archived](https://web.archive.org/web/20201116104110/https://www.rogerebert.com/reviews/the-big-short-2015) from the original on November 16, 2020. Retrieved December 21, 2017. 36. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-36) Saporito, Jeff (February 24, 2016). ["Which characters in "The Big Short" are based on real people"](http://screenprism.com/insights/article/which-real-life-people-are-the-characters-of-the-big-short-based-on). ScreenPrism. [Archived](https://web.archive.org/web/20200412080501/http://screenprism.com/insights/article/which-real-life-people-are-the-characters-of-the-big-short-based-on) from the original on April 12, 2020. Retrieved April 18, 2020. 37. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-37) ["Invest like a legend: Steve Eisman"](https://www.theglobeandmail.com/report-on-business/rob-magazine/invest-like-a-legend-the-skeptic-steve-eisman/article28378668/). [The Globe and Mail](https://en.wikipedia.org/wiki/The_Globe_and_Mail "The Globe and Mail"). January 29, 2016. [Archived](https://web.archive.org/web/20170505210249/http://www.theglobeandmail.com/report-on-business/rob-magazine/invest-like-a-legend-the-skeptic-steve-eisman/article28378668/) from the original on May 5, 2017. Retrieved December 21, 2017. 38. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-38) <https://www.youtube.com/watch?v=O9tHSSlY6eg&t=2014s> 39. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-39) Watercutter, Angela (January 29, 2021). ["GameStop Makes This a Good Time to Rewatch The Big Short"](https://www.wired.com/story/the-big-short-gamestop-meme-stock/). [Wired](https://en.wikipedia.org/wiki/Wired_$magazine$ "Wired (magazine)"). Retrieved January 29, 2021. 40. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-40) ["Oscars 2016: Winners list in full"](https://www.bbc.co.uk/news/entertainment-arts-35313266). BBC News. February 28, 2016. [Archived](https://web.archive.org/web/20160225011630/http://www.bbc.co.uk/news/entertainment-arts-35313266) from the original on February 25, 2016. Retrieved January 22, 2018. 41. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-41) ["BAFTA Film Awards 2016: Winners"](https://www.bbc.co.uk/news/entertainment-arts-35260399). BBC News. February 14, 2016. [Archived](https://web.archive.org/web/20160214053026/http://www.bbc.co.uk/news/entertainment-arts-35260399) from the original on February 14, 2016. Retrieved January 22, 2018. 42. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-42) Hipes, Patrick (January 18, 2016). ["Critics' Choice Awards: 'Spotlight' Wins Best Picture; 'Mr. Robot' Best Drama Series"](https://deadline.com/2016/01/critics-choice-awards-2016-winners-full-list-1201685089/). Deadline. Retrieved March 2, 2026. 43. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-43) ["Previous Nominees & Winners: 2016 Nominees & Winners"](https://web.archive.org/web/20160328130331/http://awards.wga.org/wga-awards/previous-nominees-winners). The Writers Guild Awards. Archived from [the original](http://awards.wga.org/wga-awards/previous-nominees-winners) on March 28, 2016. Retrieved January 22, 2018. 44. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-44) Nugent, John. ["Jameson Empire Awards 2016: Star Wars and Mad Max lead the nominations"](https://www.empireonline.com/movies/news/star-wars-mad-max-empire-awards-2016-nominations-2/). [Empire](https://en.wikipedia.org/wiki/Empire_$magazine$ "Empire (magazine)"). [Archived](https://web.archive.org/web/20160425142107/https://www.empireonline.com/movies/news/star-wars-mad-max-empire-awards-2016-nominations-2/) from the original on April 25, 2016. Retrieved January 22, 2018. 45. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Critic's_Choice_45-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Critic's_Choice_45-1) Rosen, Christopher (January 17, 2016). ["Critics' Choice Awards 2016 winners: Spotlight, Mad Max, Leonardo DiCaprio, and more"](https://www.ew.com/article/2016/01/17/critics-choice-awards-2016-winners-list). [Entertainment Weekly](https://en.wikipedia.org/wiki/Entertainment_Weekly "Entertainment Weekly"). [Archived](https://web.archive.org/web/20160118122332/http://www.ew.com/article/2016/01/17/critics-choice-awards-2016-winners-list) from the original on January 18, 2016. Retrieved January 22, 2018. 46. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-46)* ["2015"](http://www.pressacademy.com/award_cat/2015/). [Satellite Awards](https://en.wikipedia.org/wiki/Satellite_Awards "Satellite Awards"). [Archived](https://web.archive.org/web/20201208192724/http://www.pressacademy.com/award_cat/2015/) from the original on December 8, 2020. Retrieved January 22, 2018. 47. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-47) Adam Chitwood (January 4, 2016). ["Mad Max: Fury Road, Star Wars, The Big Short Land ACE Eddie Editing Nominations"](https://collider.com/ace-eddie-awards-2016-star-wars-the-force-awakens/). [Collider](https://en.wikipedia.org/wiki/Collider_$website$ "Collider (website)"). [Archived](https://web.archive.org/web/20200109163635/https://collider.com/ace-eddie-awards-2016-star-wars-the-force-awakens/) from the original on January 9, 2020. Retrieved January 13, 2015. 48. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-48) ["Spotlight wins top prize from the Los Angeles Film Critics Association"](https://www.ew.com/article/2015/12/06/los-angeles-film-critics-association-awards-winners-2015). Entertainment Weekly. December 6, 2015. [Archived](https://web.archive.org/web/20151207133302/http://www.ew.com/article/2015/12/06/los-angeles-film-critics-association-awards-winners-2015) from the original on December 7, 2015. Retrieved January 22, 2018. 49. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-49) Hammond, Pete; Andreeva, Nellie (December 16, 2015). ["AFI Awards: Disney & Majors Dominate Film; Rookies Shine On TV Side"](https://deadline.com/2015/12/afi-awards-best-films-television-2015-1201668201/). [Deadline Hollywood](https://en.wikipedia.org/wiki/Deadline_Hollywood "Deadline Hollywood"). [Archived](https://web.archive.org/web/20200425134843/https://deadline.com/2015/12/afi-awards-best-films-television-2015-1201668201/) from the original on April 25, 2020. Retrieved January 22, 2018. 50. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-50) ["Nominees Announced For Theatrical Motion Picture, Animated Motion Picture, And Long–Form TV"](http://www.producersguild.org/news/267997/Nominees-Announced-For-Theatrical-Motion-Picture-Animated-Motion-Picture-And-Long-Form-TV-.htm). [Producers Guild of America](https://en.wikipedia.org/wiki/Producers_Guild_of_America "Producers Guild of America"). [Archived](https://web.archive.org/web/20160108025631/http://www.producersguild.org/news/267997/Nominees-Announced-For-Theatrical-Motion-Picture-Animated-Motion-Picture-And-Long-Form-TV-.htm) from the original on January 8, 2016. Retrieved January 22, 2018. 51. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-51) Lewis, Hilary (December 1, 2015). ["'Mad Max: Fury Road' Named Best Film by National Board of Review"](https://www.hollywoodreporter.com/news/national-board-review-2015-winners-844862). [The Hollywood Reporter](https://en.wikipedia.org/wiki/The_Hollywood_Reporter "The Hollywood Reporter"). [Archived](https://web.archive.org/web/20151203220125/http://www.hollywoodreporter.com/news/national-board-review-2015-winners-844862) from the original on December 3, 2015. Retrieved January 22, 2018. ## External links \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=18 "Edit section: External links")\] ![](https://upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Wikiquote-logo.svg/40px-Wikiquote-logo.svg.png) Wikiquote has quotations related to *[The Big Short](https://en.wikiquote.org/wiki/The_Big_Short_$film$ "q:The Big Short (film)"). - [Official website](https://web.archive.org/web/20160303180208/http://www.thebigshortmovie.com/) at the [Wayback Machine](https://en.wikipedia.org/wiki/Wayback_Machine "Wayback Machine") (archived March 3, 2016) - [The Big Short](https://www.imdb.com/title/tt1596363/) at [IMDb](https://en.wikipedia.org/wiki/IMDb_$identifier$ "IMDb (identifier)") - [The Big Short](https://www.boxofficemojo.com/movies/?id=bigshort.htm) at [Box Office Mojo](https://en.wikipedia.org/wiki/Box_Office_Mojo "Box Office Mojo") - [The Big Short](https://www.rottentomatoes.com/m/the_big_short) at [Rotten Tomatoes](https://en.wikipedia.org/wiki/Rotten_Tomatoes "Rotten Tomatoes") - [The Big Short](https://www.metacritic.com/movie/the-big-short)* at [Metacritic](https://en.wikipedia.org/wiki/Metacritic "Metacritic") [![Edit this at Wikidata](https://upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png)](https://www.wikidata.org/wiki/Q19850715#P1712 "Edit this at Wikidata") - ["The Big Short" at Second City Tzivi](http://ff2media.com/secondcitytzivi/2015/12/11/the-big-short/) [Archived](https://web.archive.org/web/20190927202316/https://ff2media.com/secondcitytzivi/2015/12/11/the-big-short/) September 27, 2019, at the [Wayback Machine](https://en.wikipedia.org/wiki/Wayback_Machine "Wayback Machine") \| [v](https://en.wikipedia.org/wiki/Template:Adam_McKay "Template:Adam McKay") [t](https://en.wikipedia.org/wiki/Template_talk:Adam_McKay "Template talk:Adam McKay") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Adam_McKay "Special:EditPage/Template:Adam McKay")[Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") \| \| \|---\|---\| \| [Awards and nominations](https://en.wikipedia.org/wiki/List_of_awards_and_nominations_received_by_Adam_McKay "List of awards and nominations received by Adam McKay") \| \| \| Films written and directed \| [Anchorman: The Legend of Ron Burgundy](https://en.wikipedia.org/wiki/Anchorman:_The_Legend_of_Ron_Burgundy "Anchorman: The Legend of Ron Burgundy") (2004) [Wake Up, Ron Burgundy: The Lost Movie](https://en.wikipedia.org/wiki/Wake_Up,_Ron_Burgundy:_The_Lost_Movie "Wake Up, Ron Burgundy: The Lost Movie") (2004) [Talladega Nights: The Ballad of Ricky Bobby](https://en.wikipedia.org/wiki/Talladega_Nights:_The_Ballad_of_Ricky_Bobby "Talladega Nights: The Ballad of Ricky Bobby") (2006) [Step Brothers](https://en.wikipedia.org/wiki/Step_Brothers_$film$ "Step Brothers (film)") (2008) [The Other Guys](https://en.wikipedia.org/wiki/The_Other_Guys "The Other Guys") (2010) [Anchorman 2: The Legend Continues](https://en.wikipedia.org/wiki/Anchorman_2:_The_Legend_Continues "Anchorman 2: The Legend Continues") (2013) [The Big Short]() (2015) [Vice](https://en.wikipedia.org/wiki/Vice_$2018_film$ "Vice (2018 film)") (2018) [Don't Look Up](https://en.wikipedia.org/wiki/Don%27t_Look_Up "Don't Look Up") (2021) \| \| Films written \| [The Campaign](https://en.wikipedia.org/wiki/The_Campaign_$film$ "The Campaign (film)") (2012) [Get Hard](https://en.wikipedia.org/wiki/Get_Hard "Get Hard") (2015) [Ant-Man](https://en.wikipedia.org/wiki/Ant-Man_$film$ "Ant-Man (film)") (2015) \| \| Related \| [The Landlord](https://en.wikipedia.org/wiki/The_Landlord_$2007_film$ "The Landlord (2007 film)") (2007 short film) [Funny or Die](https://en.wikipedia.org/wiki/Funny_or_Die "Funny or Die") [Gary Sanchez Productions](https://en.wikipedia.org/wiki/Gary_Sanchez_Productions "Gary Sanchez Productions") [Hyperobject Industries](https://en.wikipedia.org/wiki/Hyperobject_Industries "Hyperobject Industries") [Adam McKay's unrealized projects](https://en.wikipedia.org/wiki/Adam_McKay%27s_unrealized_projects "Adam McKay's unrealized projects") \| \| [v](https://en.wikipedia.org/wiki/Template:Plan_B_Entertainment "Template:Plan B Entertainment") [t](https://en.wikipedia.org/wiki/Template_talk:Plan_B_Entertainment "Template talk:Plan B Entertainment") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Plan_B_Entertainment "Special:EditPage/Template:Plan B Entertainment")[Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") \| \| \|---\|---\| \| Films \| [Troy](https://en.wikipedia.org/wiki/Troy_$film$ "Troy (film)") (2004) [Charlie and the Chocolate Factory](https://en.wikipedia.org/wiki/Charlie_and_the_Chocolate_Factory_$film$ "Charlie and the Chocolate Factory (film)") (2005) [The Departed](https://en.wikipedia.org/wiki/The_Departed "The Departed") (2006) [Running with Scissors](https://en.wikipedia.org/wiki/Running_with_Scissors_$film$ "Running with Scissors (film)") (2006) [Year of the Dog](https://en.wikipedia.org/wiki/Year_of_the_Dog_$film$ "Year of the Dog (film)") (2007) [A Mighty Heart](https://en.wikipedia.org/wiki/A_Mighty_Heart_$film$ "A Mighty Heart (film)") (2007) [The Assassination of Jesse James by the Coward Robert Ford](https://en.wikipedia.org/wiki/The_Assassination_of_Jesse_James_by_the_Coward_Robert_Ford "The Assassination of Jesse James by the Coward Robert Ford") (2007) [The Private Lives of Pippa Lee](https://en.wikipedia.org/wiki/The_Private_Lives_of_Pippa_Lee "The Private Lives of Pippa Lee") (2009) [The Time Traveler's Wife](https://en.wikipedia.org/wiki/The_Time_Traveler%27s_Wife_$film$ "The Time Traveler's Wife (film)") (2009) [Kick-Ass](https://en.wikipedia.org/wiki/Kick-Ass_$film$ "Kick-Ass (film)") (2010) [Eat Pray Love](https://en.wikipedia.org/wiki/Eat_Pray_Love "Eat Pray Love") (2010) [The Tree of Life](https://en.wikipedia.org/wiki/The_Tree_of_Life_$film$ "The Tree of Life (film)") (2011) [Moneyball](https://en.wikipedia.org/wiki/Moneyball_$film$ "Moneyball (film)") (2011) [Killing Them Softly](https://en.wikipedia.org/wiki/Killing_Them_Softly "Killing Them Softly") (2012) [Kick-Ass 2](https://en.wikipedia.org/wiki/Kick-Ass_2_$film$ "Kick-Ass 2 (film)") (2013) [World War Z](https://en.wikipedia.org/wiki/World_War_Z_$film$ "World War Z (film)") (2013) [12 Years a Slave](https://en.wikipedia.org/wiki/12_Years_a_Slave_$film$ "12 Years a Slave (film)") (2013) [Selma](https://en.wikipedia.org/wiki/Selma_$film$ "Selma (film)") (2014) [True Story](https://en.wikipedia.org/wiki/True_Story_$film$ "True Story (film)") (2015) [The Big Short]() (2015) [Moonlight](https://en.wikipedia.org/wiki/Moonlight_$2016_film$ "Moonlight (2016 film)") (2016) [The Lost City of Z](https://en.wikipedia.org/wiki/The_Lost_City_of_Z_$film$ "The Lost City of Z (film)") (2016) [Voyage of Time](https://en.wikipedia.org/wiki/Voyage_of_Time "Voyage of Time") (2016) [War Machine](https://en.wikipedia.org/wiki/War_Machine_$2017_film$ "War Machine (2017 film)") (2017) [Okja](https://en.wikipedia.org/wiki/Okja "Okja") (2017) [Brad's Status](https://en.wikipedia.org/wiki/Brad%27s_Status "Brad's Status") (2017) [Beautiful Boy](https://en.wikipedia.org/wiki/Beautiful_Boy_$2018_film$ "Beautiful Boy (2018 film)") (2018) [If Beale Street Could Talk](https://en.wikipedia.org/wiki/If_Beale_Street_Could_Talk_$film$ "If Beale Street Could Talk (film)") (2018) [Vice](https://en.wikipedia.org/wiki/Vice_$2018_film$ "Vice (2018 film)") (2018) [The Last Black Man in San Francisco](https://en.wikipedia.org/wiki/The_Last_Black_Man_in_San_Francisco "The Last Black Man in San Francisco") (2019) [Ad Astra](https://en.wikipedia.org/wiki/Ad_Astra_$film$ "Ad Astra (film)") (2019) [The King](https://en.wikipedia.org/wiki/The_King_$2019_film$ "The King (2019 film)") (2019) [Irresistible](https://en.wikipedia.org/wiki/Irresistible_$2020_film$ "Irresistible (2020 film)") (2020) [Kajillionaire](https://en.wikipedia.org/wiki/Kajillionaire "Kajillionaire") (2020) [Minari](https://en.wikipedia.org/wiki/Minari_$film$ "Minari (film)") (2020) [Father of the Bride](https://en.wikipedia.org/wiki/Father_of_the_Bride_$2022_film$ "Father of the Bride (2022 film)") (2022) [Blonde](https://en.wikipedia.org/wiki/Blonde_$2022_film$ "Blonde (2022 film)") (2022) [She Said](https://en.wikipedia.org/wiki/She_Said_$film$ "She Said (film)") (2022) [Women Talking](https://en.wikipedia.org/wiki/Women_Talking_$film$ "Women Talking (film)") (2022) [Landscape with Invisible Hand](https://en.wikipedia.org/wiki/Landscape_with_Invisible_Hand "Landscape with Invisible Hand") (2023) [Bob Marley: One Love](https://en.wikipedia.org/wiki/Bob_Marley:_One_Love "Bob Marley: One Love") (2024) [Beetlejuice Beetlejuice](https://en.wikipedia.org/wiki/Beetlejuice_Beetlejuice "Beetlejuice Beetlejuice") (2024) [Nickel Boys](https://en.wikipedia.org/wiki/Nickel_Boys "Nickel Boys") (2024) [Wolfs](https://en.wikipedia.org/wiki/Wolfs_$film$ "Wolfs (film)") (2024) [Mickey 17](https://en.wikipedia.org/wiki/Mickey_17 "Mickey 17") (2025) [F1](https://en.wikipedia.org/wiki/F1_$film$ "F1 (film)") (2025) [Hedda](https://en.wikipedia.org/wiki/Hedda_$2025_film$ "Hedda (2025 film)") (2025) [H Is for Hawk](https://en.wikipedia.org/wiki/H_Is_for_Hawk_$film$ "H Is for Hawk (film)") (2025) [Teenage Sex and Death at Camp Miasma](https://en.wikipedia.org/wiki/Teenage_Sex_and_Death_at_Camp_Miasma "Teenage Sex and Death at Camp Miasma") (2026) \| \| People \| [Jennifer Aniston](https://en.wikipedia.org/wiki/Jennifer_Aniston "Jennifer Aniston") (founder) [Brad Grey](https://en.wikipedia.org/wiki/Brad_Grey "Brad Grey") (founder) [Kristin Hahn](https://en.wikipedia.org/wiki/Kristin_Hahn "Kristin Hahn") (founder) [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") (founder) [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner") (co-president) [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner") (co-president) \| \| Owner \| [Mediawan](https://en.wikipedia.org/wiki/Mediawan "Mediawan") \| \| [v](https://en.wikipedia.org/wiki/Template:Michael_Lewis "Template:Michael Lewis") [t](https://en.wikipedia.org/wiki/Template_talk:Michael_Lewis "Template talk:Michael Lewis") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Michael_Lewis "Special:EditPage/Template:Michael Lewis")Works by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis") \| \| \|---\|---\| \| Books \| [Liar's Poker](https://en.wikipedia.org/wiki/Liar%27s_Poker "Liar's Poker") [Trail Fever](https://en.wikipedia.org/wiki/Trail_Fever "Trail Fever") (aka Losers) [The New New Thing](https://en.wikipedia.org/wiki/The_New_New_Thing "The New New Thing") [Next](https://en.wikipedia.org/wiki/Next:_The_Future_Just_Happened "Next: The Future Just Happened") [Moneyball](https://en.wikipedia.org/wiki/Moneyball:_The_Art_of_Winning_an_Unfair_Game "Moneyball: The Art of Winning an Unfair Game") [The Blind Side](https://en.wikipedia.org/wiki/The_Blind_Side:_Evolution_of_a_Game "The Blind Side: Evolution of a Game") [Panic](https://en.wikipedia.org/wiki/Panic:_The_Story_of_Modern_Financial_Insanity "Panic: The Story of Modern Financial Insanity") [The Big Short](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") [Boomerang](https://en.wikipedia.org/wiki/Boomerang:_Travels_in_the_New_Third_World "Boomerang: Travels in the New Third World") [Flash Boys](https://en.wikipedia.org/wiki/Flash_Boys "Flash Boys") [The Undoing Project](https://en.wikipedia.org/wiki/The_Undoing_Project "The Undoing Project") [The Fifth Risk](https://en.wikipedia.org/wiki/The_Fifth_Risk "The Fifth Risk") [The Premonition](https://en.wikipedia.org/wiki/The_Premonition_$Lewis_book$ "The Premonition (Lewis book)") [Going Infinite](https://en.wikipedia.org/wiki/Going_Infinite "Going Infinite") \| \| Film adaptations \| [The Blind Side](https://en.wikipedia.org/wiki/The_Blind_Side_$film$ "The Blind Side (film)") [Moneyball](https://en.wikipedia.org/wiki/Moneyball_$film$ "Moneyball (film)") [The Big Short]() [Radical Wolfe](https://en.wikipedia.org/wiki/Radical_Wolfe "Radical Wolfe") \| \| [Awards for The Big Short](https://en.wikipedia.org/wiki/List_of_accolades_received_by_The_Big_Short_$film$ "List of accolades received by The Big Short (film)") \| \|---\| \| [v](https://en.wikipedia.org/wiki/Template:Critics%27_Choice_Movie_Award_for_Best_Comedy "Template:Critics' Choice Movie Award for Best Comedy") [t](https://en.wikipedia.org/wiki/Template_talk:Critics%27_Choice_Movie_Award_for_Best_Comedy "Template talk:Critics' Choice Movie Award for Best Comedy") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Critics%27_Choice_Movie_Award_for_Best_Comedy "Special:EditPage/Template:Critics' Choice Movie Award for Best Comedy")[Critics' Choice Movie Award for Best Comedy](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Comedy "Critics' Choice Movie Award for Best Comedy") \| \| [The 40-Year-Old Virgin](https://en.wikipedia.org/wiki/The_40-Year-Old_Virgin "The 40-Year-Old Virgin") (2005) [Borat](https://en.wikipedia.org/wiki/Borat "Borat") (2006) [Juno](https://en.wikipedia.org/wiki/Juno_$film$ "Juno (film)") (2007) [Tropic Thunder](https://en.wikipedia.org/wiki/Tropic_Thunder "Tropic Thunder") (2008) [The Hangover](https://en.wikipedia.org/wiki/The_Hangover "The Hangover") (2009) [Easy A](https://en.wikipedia.org/wiki/Easy_A "Easy A") (2010) [Bridesmaids](https://en.wikipedia.org/wiki/Bridesmaids_$2011_film$ "Bridesmaids (2011 film)") (2011) [Silver Linings Playbook](https://en.wikipedia.org/wiki/Silver_Linings_Playbook "Silver Linings Playbook") (2012) [American Hustle](https://en.wikipedia.org/wiki/American_Hustle "American Hustle") (2013) [The Grand Budapest Hotel](https://en.wikipedia.org/wiki/The_Grand_Budapest_Hotel "The Grand Budapest Hotel") (2014) [The Big Short]() (2015) [Deadpool](https://en.wikipedia.org/wiki/Deadpool_$film$ "Deadpool (film)") (2016) [The Big Sick](https://en.wikipedia.org/wiki/The_Big_Sick "The Big Sick") (2017) [Crazy Rich Asians](https://en.wikipedia.org/wiki/Crazy_Rich_Asians "Crazy Rich Asians") (2018) [Dolemite Is My Name](https://en.wikipedia.org/wiki/Dolemite_Is_My_Name "Dolemite Is My Name") (2019) [Palm Springs](https://en.wikipedia.org/wiki/Palm_Springs_$2020_film$ "Palm Springs (2020 film)") (2020) [Licorice Pizza](https://en.wikipedia.org/wiki/Licorice_Pizza "Licorice Pizza") (2021) [Glass Onion: A Knives Out Mystery](https://en.wikipedia.org/wiki/Glass_Onion:_A_Knives_Out_Mystery "Glass Onion: A Knives Out Mystery") (2022) [Barbie](https://en.wikipedia.org/wiki/Barbie_$film$ "Barbie (film)") (2023) [Deadpool & Wolverine](https://en.wikipedia.org/wiki/Deadpool_%26_Wolverine "Deadpool & Wolverine") / [A Real Pain](https://en.wikipedia.org/wiki/A_Real_Pain "A Real Pain") (2024) [The Naked Gun](https://en.wikipedia.org/wiki/The_Naked_Gun_$2025_film$ "The Naked Gun (2025 film)") (2025) \| \| [v](https://en.wikipedia.org/wiki/Template:National_Board_of_Review_Award_for_Best_Cast "Template:National Board of Review Award for Best Cast") [t](https://en.wikipedia.org/wiki/Template_talk:National_Board_of_Review_Award_for_Best_Cast "Template talk:National Board of Review Award for Best Cast") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:National_Board_of_Review_Award_for_Best_Cast "Special:EditPage/Template:National Board of Review Award for Best Cast")[National Board of Review Award for Best Ensemble Cast](https://en.wikipedia.org/wiki/National_Board_of_Review_Award_for_Best_Cast "National Board of Review Award for Best Cast") \| \| [Prêt-à-Porter](https://en.wikipedia.org/wiki/Pr%C3%AAt-%C3%A0-Porter_$film$ "Prêt-à-Porter (film)") (1994) [The Usual Suspects](https://en.wikipedia.org/wiki/The_Usual_Suspects "The Usual Suspects") (1995) [The First Wives Club](https://en.wikipedia.org/wiki/The_First_Wives_Club "The First Wives Club") (1996) [The Sweet Hereafter](https://en.wikipedia.org/wiki/The_Sweet_Hereafter_$film$ "The Sweet Hereafter (film)") (1997) [Happiness](https://en.wikipedia.org/wiki/Happiness_$1998_film$ "Happiness (1998 film)") (1998) [Magnolia](https://en.wikipedia.org/wiki/Magnolia_$film$ "Magnolia (film)") (1999) [State and Main](https://en.wikipedia.org/wiki/State_and_Main "State and Main") (2000) [Last Orders](https://en.wikipedia.org/wiki/Last_Orders_$film$ "Last Orders (film)") (2001) [Nicholas Nickleby](https://en.wikipedia.org/wiki/Nicholas_Nickleby_$2002_film$ "Nicholas Nickleby (2002 film)") (2002) [The Lord of the Rings: The Return of the King](https://en.wikipedia.org/wiki/The_Lord_of_the_Rings:_The_Return_of_the_King "The Lord of the Rings: The Return of the King") (2003) [Closer](https://en.wikipedia.org/wiki/Closer_$film$ "Closer (film)") (2004) [Mrs Henderson Presents](https://en.wikipedia.org/wiki/Mrs_Henderson_Presents "Mrs Henderson Presents") (2005) [The Departed](https://en.wikipedia.org/wiki/The_Departed "The Departed") (2006) [No Country for Old Men](https://en.wikipedia.org/wiki/No_Country_for_Old_Men "No Country for Old Men") (2007) [Doubt](https://en.wikipedia.org/wiki/Doubt_$2008_film$ "Doubt (2008 film)") (2008) [It's Complicated](https://en.wikipedia.org/wiki/It%27s_Complicated_$film$ "It's Complicated (film)") (2009) [The Town](https://en.wikipedia.org/wiki/The_Town_$2010_film$ "The Town (2010 film)") (2010) [The Help](https://en.wikipedia.org/wiki/The_Help_$film$ "The Help (film)") (2011) [Les Misérables](https://en.wikipedia.org/wiki/Les_Mis%C3%A9rables_$2012_film$ "Les Misérables (2012 film)") (2012) [Prisoners](https://en.wikipedia.org/wiki/Prisoners_$2013_film$ "Prisoners (2013 film)") (2013) [Fury](https://en.wikipedia.org/wiki/Fury_$2014_film$ "Fury (2014 film)") (2014) [The Big Short]() (2015) [Hidden Figures](https://en.wikipedia.org/wiki/Hidden_Figures "Hidden Figures") (2016) [Get Out](https://en.wikipedia.org/wiki/Get_Out "Get Out") (2017) [Crazy Rich Asians](https://en.wikipedia.org/wiki/Crazy_Rich_Asians "Crazy Rich Asians") (2018) [Knives Out](https://en.wikipedia.org/wiki/Knives_Out "Knives Out") (2019) [Da 5 Bloods](https://en.wikipedia.org/wiki/Da_5_Bloods "Da 5 Bloods") (2020) [The Harder They Fall](https://en.wikipedia.org/wiki/The_Harder_They_Fall_$2021_film$ "The Harder They Fall (2021 film)") (2021) [Women Talking](https://en.wikipedia.org/wiki/Women_Talking_$film$ "Women Talking (film)") (2022) [The Iron Claw](https://en.wikipedia.org/wiki/The_Iron_Claw_$film$ "The Iron Claw (film)") (2023) [Conclave](https://en.wikipedia.org/wiki/Conclave_$film$ "Conclave (film)") (2024) \| \| [v](https://en.wikipedia.org/wiki/Template:Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture "Template:Producers Guild of America Award for Best Theatrical Motion Picture") [t](https://en.wikipedia.org/wiki/Template_talk:Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture "Template talk:Producers Guild of America Award for Best Theatrical Motion Picture") [e](https://en.wikipedia.org/wiki/Special:EditPage/Template:Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture "Special:EditPage/Template:Producers Guild of America Award for Best Theatrical Motion Picture")[Producers Guild of America Award for Best Theatrical Motion Picture](https://en.wikipedia.org/wiki/Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture "Producers Guild of America Award for Best Theatrical Motion Picture") \| \| [Driving Miss Daisy](https://en.wikipedia.org/wiki/Driving_Miss_Daisy "Driving Miss Daisy") (1989) [Dances With Wolves](https://en.wikipedia.org/wiki/Dances_With_Wolves "Dances With Wolves") (1990) [The Silence of the Lambs](https://en.wikipedia.org/wiki/The_Silence_of_the_Lambs_$film$ "The Silence of the Lambs (film)") (1991) [The Crying Game](https://en.wikipedia.org/wiki/The_Crying_Game "The Crying Game") (1992) [Schindler's List](https://en.wikipedia.org/wiki/Schindler%27s_List "Schindler's List") (1993) [Forrest Gump](https://en.wikipedia.org/wiki/Forrest_Gump "Forrest Gump") (1994) [Apollo 13](https://en.wikipedia.org/wiki/Apollo_13_$film$ "Apollo 13 (film)") (1995) [The English Patient](https://en.wikipedia.org/wiki/The_English_Patient_$film$ "The English Patient (film)") (1996) [Titanic](https://en.wikipedia.org/wiki/Titanic_$1997_film$ "Titanic (1997 film)") (1997) [Saving Private Ryan](https://en.wikipedia.org/wiki/Saving_Private_Ryan "Saving Private Ryan") (1998) [American Beauty](https://en.wikipedia.org/wiki/American_Beauty_$1999_film$ "American Beauty (1999 film)") (1999) [Gladiator](https://en.wikipedia.org/wiki/Gladiator_$2000_film$ "Gladiator (2000 film)") (2000) [Moulin Rouge\!](https://en.wikipedia.org/wiki/Moulin_Rouge! "Moulin Rouge!") (2001) [Chicago](https://en.wikipedia.org/wiki/Chicago_$2002_film$ "Chicago (2002 film)") (2002) [The Lord of the Rings: The Return of the King](https://en.wikipedia.org/wiki/The_Lord_of_the_Rings:_The_Return_of_the_King "The Lord of the Rings: The Return of the King") (2003) [The Aviator](https://en.wikipedia.org/wiki/The_Aviator_$2004_film$ "The Aviator (2004 film)") (2004) [Brokeback Mountain](https://en.wikipedia.org/wiki/Brokeback_Mountain "Brokeback Mountain") (2005) [Little Miss Sunshine](https://en.wikipedia.org/wiki/Little_Miss_Sunshine "Little Miss Sunshine") (2006) [No Country for Old Men](https://en.wikipedia.org/wiki/No_Country_for_Old_Men "No Country for Old Men") (2007) [Slumdog Millionaire](https://en.wikipedia.org/wiki/Slumdog_Millionaire "Slumdog Millionaire") (2008) [The Hurt Locker](https://en.wikipedia.org/wiki/The_Hurt_Locker "The Hurt Locker") (2009) [The King's Speech](https://en.wikipedia.org/wiki/The_King%27s_Speech "The King's Speech") (2010) [The Artist](https://en.wikipedia.org/wiki/The_Artist_$film$ "The Artist (film)") (2011) [Argo](https://en.wikipedia.org/wiki/Argo_$2012_film$ "Argo (2012 film)") (2012) [12 Years a Slave](https://en.wikipedia.org/wiki/12_Years_a_Slave_$film$ "12 Years a Slave (film)") / [Gravity](https://en.wikipedia.org/wiki/Gravity_$2013_film$ "Gravity (2013 film)") (2013) [Birdman or (The Unexpected Virtue of Ignorance)](https://en.wikipedia.org/wiki/Birdman_$film$ "Birdman (film)") (2014) [The Big Short]() (2015) [La La Land](https://en.wikipedia.org/wiki/La_La_Land "La La Land") (2016) [The Shape of Water](https://en.wikipedia.org/wiki/The_Shape_of_Water "The Shape of Water") (2017) [Green Book](https://en.wikipedia.org/wiki/Green_Book_$film$ "Green Book (film)") (2018) [1917](https://en.wikipedia.org/wiki/1917_$2019_film$ "1917 (2019 film)") (2019) [Nomadland](https://en.wikipedia.org/wiki/Nomadland "Nomadland") (2020) [CODA](https://en.wikipedia.org/wiki/CODA_$2021_film$ "CODA (2021 film)") (2021) [Everything Everywhere All at Once](https://en.wikipedia.org/wiki/Everything_Everywhere_All_at_Once "Everything Everywhere All at Once") (2022) [Oppenheimer](https://en.wikipedia.org/wiki/Oppenheimer_$film$ "Oppenheimer (film)") (2023) [Anora](https://en.wikipedia.org/wiki/Anora "Anora") (2024) [One Battle After Another](https://en.wikipedia.org/wiki/One_Battle_After_Another "One Battle After Another") (2025) \| \| [Authority control databases](https://en.wikipedia.org/wiki/Help:Authority_control "Help:Authority control") [![Edit this at Wikidata](https://upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png)](https://www.wikidata.org/wiki/Q19850715#identifiers "Edit this at Wikidata") \| \| \|---\|---\| \| International \| [VIAF](https://viaf.org/viaf/114145911104027060960) \| \| National \| [United States](https://id.loc.gov/authorities/no2016084033) [Spain](https://datos.bne.es/resource/XX5647050) [Poland](https://dbn.bn.org.pl/descriptor-details/9810699777605606) [Catalonia](https://cantic.bnc.cat/registre/981058611041706706) \| ![](https://en.wikipedia.org/wiki/Special:CentralAutoLogin/start?useformat=desktop&type=1x1&usesul3=1) Retrieved from "<https://en.wikipedia.org/w/index.php?title=The_Big_Short_(film)&oldid=1348859398>" [Categories](https://en.wikipedia.org/wiki/Help:Category "Help:Category"): - [2015 films](https://en.wikipedia.org/wiki/Category:2015_films "Category:2015 films") - [2010s biographical films](https://en.wikipedia.org/wiki/Category:2010s_biographical_films "Category:2010s biographical films") - [2010s business films](https://en.wikipedia.org/wiki/Category:2010s_business_films "Category:2010s business films") - [2010s crime comedy-drama films](https://en.wikipedia.org/wiki/Category:2010s_crime_comedy-drama_films "Category:2010s crime comedy-drama films") - [American biographical films](https://en.wikipedia.org/wiki/Category:American_biographical_films "Category:American biographical films") - [American business films](https://en.wikipedia.org/wiki/Category:American_business_films "Category:American business films") - [American crime comedy-drama films](https://en.wikipedia.org/wiki/Category:American_crime_comedy-drama_films "Category:American crime comedy-drama films") - [BAFTA winners (films)](https://en.wikipedia.org/wiki/Category:BAFTA_winners_$films$ "Category:BAFTA winners (films)") - 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[Films shot in New York City](https://en.wikipedia.org/wiki/Category:Films_shot_in_New_York_City "Category:Films shot in New York City") - [Films shot in New Orleans](https://en.wikipedia.org/wiki/Category:Films_shot_in_New_Orleans "Category:Films shot in New Orleans") - [Films whose writer won the Best Adapted Screenplay Academy Award](https://en.wikipedia.org/wiki/Category:Films_whose_writer_won_the_Best_Adapted_Screenplay_Academy_Award "Category:Films whose writer won the Best Adapted Screenplay Academy Award") - [Paramount Pictures films](https://en.wikipedia.org/wiki/Category:Paramount_Pictures_films "Category:Paramount Pictures films") - [Plan B Entertainment films](https://en.wikipedia.org/wiki/Category:Plan_B_Entertainment_films "Category:Plan B Entertainment films") - [Regency Enterprises films](https://en.wikipedia.org/wiki/Category:Regency_Enterprises_films "Category:Regency Enterprises films") - [Films with screenplays by Adam McKay](https://en.wikipedia.org/wiki/Category:Films_with_screenplays_by_Adam_McKay "Category:Films with screenplays by Adam McKay") - 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Readable Markdown	\| The Big Short \| \| \|---\|---\| \| [![](https://upload.wikimedia.org/wikipedia/en/thumb/1/16/The_Big_Short_%282015_film_poster%29.png/250px-The_Big_Short_%282015_film_poster%29.png)](https://en.wikipedia.org/wiki/File:The_Big_Short_$2015_film_poster$.png)Theatrical release poster \| \| \| Directed by \| [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") \| \| Screenplay by \| [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph") Adam McKay \| \| Based on \| [The Big Short](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis") \| \| Produced by \| [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner") [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner") [Arnon Milchan](https://en.wikipedia.org/wiki/Arnon_Milchan "Arnon Milchan") \| \| Starring \| [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell") [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") Brad Pitt \| \| Cinematography \| [Barry Ackroyd](https://en.wikipedia.org/wiki/Barry_Ackroyd "Barry Ackroyd") \| \| Edited by \| [Hank Corwin](https://en.wikipedia.org/wiki/Hank_Corwin "Hank Corwin") \| \| Music by \| [Nicholas Britell](https://en.wikipedia.org/wiki/Nicholas_Britell "Nicholas Britell") \| \| Production companies \| [Paramount Pictures](https://en.wikipedia.org/wiki/Paramount_Pictures "Paramount Pictures") [Regency Enterprises](https://en.wikipedia.org/wiki/Regency_Enterprises "Regency Enterprises") [Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") \| \| Distributed by \| Paramount Pictures \| \| Release dates \| November 12, 2015 ([AFI Fest](https://en.wikipedia.org/wiki/American_Film_Institute "American Film Institute")) December 23, 2015 (United States) \| \| Running time \| 130 minutes[\[1\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-1) \| \| Country \| United States \| \| Language \| English \| \| Budget \| \$50 million[\[2\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-2) \| \| Box office \| \$133.4 million[\[3\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-BOM-3) \| *The Big Short* is a 2015 American [biographical](https://en.wikipedia.org/wiki/Biographical_film "Biographical film") [comedy drama](https://en.wikipedia.org/wiki/Comedy_drama "Comedy drama") film directed by [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") from a screenplay by McKay and [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph"). Based on [the 2010 book](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis"), it depicts how the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis") was triggered by the [United States housing bubble](https://en.wikipedia.org/wiki/2000s_United_States_housing_bubble "2000s United States housing bubble").[\[4\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-McKay-4) The film stars [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale"), [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell"), [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling"), and [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt"), with [John Magaro](https://en.wikipedia.org/wiki/John_Magaro "John Magaro"), [Finn Wittrock](https://en.wikipedia.org/wiki/Finn_Wittrock "Finn Wittrock"), [Hamish Linklater](https://en.wikipedia.org/wiki/Hamish_Linklater "Hamish Linklater"), [Rafe Spall](https://en.wikipedia.org/wiki/Rafe_Spall "Rafe Spall"), [Jeremy Strong](https://en.wikipedia.org/wiki/Jeremy_Strong_$actor$ "Jeremy Strong (actor)"), and [Marisa Tomei](https://en.wikipedia.org/wiki/Marisa_Tomei "Marisa Tomei") in supporting roles. The Big Short began a [limited release](https://en.wikipedia.org/wiki/Limited_release "Limited release") in the United States on December 11, 2015, followed by a [wide release](https://en.wikipedia.org/wiki/Wide_release "Wide release") on December 23 by [Paramount Pictures](https://en.wikipedia.org/wiki/Paramount_Pictures "Paramount Pictures").[\[5\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-5)[\[6\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-6) A critical and commercial success, the film grossed \$133 million on a \$50 million budget and received acclaim for the performances of the cast (particularly those of Bale and Carell), McKay's direction, editing, and the screenplay. The film won the [Academy Award for Best Adapted Screenplay](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Adapted_Screenplay "Academy Award for Best Adapted Screenplay") in addition to nominations for [Best Picture](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Picture "Academy Award for Best Picture"), [Best Director](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Director "Academy Award for Best Director"), [Best Supporting Actor](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Supporting_Actor "Academy Award for Best Supporting Actor") (Bale), and [Best Film Editing](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Film_Editing "Academy Award for Best Film Editing"). The film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis"). In 2005, eccentric [hedge fund](https://en.wikipedia.org/wiki/Hedge_fund "Hedge fund") manager [Michael Burry](https://en.wikipedia.org/wiki/Michael_Burry "Michael Burry") discovers that the United States [housing market](https://en.wikipedia.org/wiki/Real_estate_economics "Real estate economics"), based on high-risk [subprime loans](https://en.wikipedia.org/wiki/Subprime_lending "Subprime lending"), is [extremely unstable](https://en.wikipedia.org/wiki/Economic_bubble "Economic bubble"). Anticipating the market's collapse in the second quarter of 2007, as interest rates would rise from [adjustable-rate mortgages](https://en.wikipedia.org/wiki/Adjustable-rate_mortgage "Adjustable-rate mortgage"), he proposes to create a [credit default swap](https://en.wikipedia.org/wiki/Credit_default_swap "Credit default swap") (CDS) market for [mortgage-backed securities](https://en.wikipedia.org/wiki/Mortgage-backed_securities "Mortgage-backed securities") (MBSs), allowing him to bet against, or [short](https://en.wikipedia.org/wiki/Short_$finance$ "Short (finance)"), MBSs for profit. His long-term bet, exceeding \$1 billion, is accepted by major [investment](https://en.wikipedia.org/wiki/Investment_bank "Investment bank") and [commercial banks](https://en.wikipedia.org/wiki/Commercial_bank "Commercial bank") such as [Goldman Sachs](https://en.wikipedia.org/wiki/Goldman_Sachs "Goldman Sachs"), but requires paying substantial monthly [premiums](https://en.wikipedia.org/wiki/Insurance "Insurance"). This sparks his main client, Lawrence Fields, to accuse him of "wasting" [capital](https://en.wikipedia.org/wiki/Capital_asset "Capital asset") while many clients demand that he reverse and sell, but Burry refuses. Under pressure, he eventually restricts withdrawals, angering investors, and Fields sues Burry. Eventually, the [2008 financial crisis](https://en.wikipedia.org/wiki/2008_financial_crisis "2008 financial crisis") began and his fund's value increases by 489% with an overall profit (even allowing for the massive premiums) of over \$2.69 billion, with Fields alone receiving \$489 million. ### FrontPoint Partners \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=3 "Edit section: FrontPoint Partners")\] Jared Vennett (based on [Greg Lippmann](https://en.wikipedia.org/wiki/Greg_Lippmann "Greg Lippmann")),[\[7\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CarellCast-7) the executive in charge of global asset-backed securities trading at [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank"),[\[8\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-8) is one of the first bankers to understand Burry's analysis, learning from one of the bankers who sold Burry an early CDS. Using his [quant](https://en.wikipedia.org/wiki/Quantitative_analyst "Quantitative analyst") to verify that Burry is most likely correct, he decides to enter the market and purchase CDSs himself. However, his large monthly premiums result in him looking to reduce the size of his position by selling CDSs. A misplaced phone call alerts [FrontPoint Partners](https://en.wikipedia.org/wiki/FrontPoint_Partners "FrontPoint Partners") hedge fund manager Mark Baum (based on [Steve Eisman](https://en.wikipedia.org/wiki/Steve_Eisman "Steve Eisman")), who is motivated to buy swaps from Vennett due to his low regard for banks' ethics and business models. Vennett explains that the packaging of subprime loans into [collateralized debt obligations](https://en.wikipedia.org/wiki/Collateralized_debt_obligation "Collateralized debt obligation") (CDOs) rated [AAA](https://en.wikipedia.org/wiki/Bond_credit_rating#Credit_rating_tiers "Bond credit rating") will guarantee their eventual collapse. Conducting a field investigation in South Florida, the FrontPoint team discovers that [mortgage brokers](https://en.wikipedia.org/wiki/Mortgage_broker "Mortgage broker") are profiting by selling their mortgage deals to [Wall Street](https://en.wikipedia.org/wiki/Wall_Street "Wall Street") banks, which pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy CDSs from Vennett. In early 2007, as these loans begin to default, CDO prices somehow rise and ratings agencies refuse to downgrade the bond ratings. Baum discovers [conflicts of interest](https://en.wikipedia.org/wiki/Conflicts_of_interest "Conflicts of interest") and [dishonesty amongst the credit rating agencies](https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis "Credit rating agencies and the subprime crisis") from an acquaintance at [Standard & Poor's](https://en.wikipedia.org/wiki/Standard_%26_Poor%27s "Standard & Poor's"). Vennett invites the team to the American Securitization Forum in Las Vegas, where Baum learns from a CDO manager that the market for insuring mortgage bonds, including "[synthetic CDOs](https://en.wikipedia.org/wiki/Synthetic_CDO "Synthetic CDO")" which are bets in favor of the faulty mortgage bonds, is significantly larger than the market for the mortgage loans themselves, leading a horrified Baum to realize the entire world economy is set to collapse. As the subprime bonds continue to fall, Baum learns that [Morgan Stanley](https://en.wikipedia.org/wiki/Morgan_Stanley "Morgan Stanley"), under whose umbrella FrontPoint operates, had also [taken short positions against mortgage derivatives](https://en.wikipedia.org/wiki/Proprietary_trading "Proprietary trading"). However, in order to offset the risk and the monthly premiums, it had sold short positions in higher-rated mortgage derivatives. Now that these are also collapsing in value, Morgan Stanley is facing severe [liquidity](https://en.wikipedia.org/wiki/Market_liquidity "Market liquidity") problems. Despite pressure from his staff to sell their position before Morgan Stanley collapses, Baum refuses to sell until the economy is on the verge of collapsing, making over \$1 billion in their CDSs. Even so, Baum laments that the banks, as well as the government, will not admit what caused the economy to collapse, but will instead blame "immigrants and poor people." Young investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Fund (based on the firm [Cornwall Capital](https://en.wikipedia.org/wiki/Cornwall_Capital "Cornwall Capital")). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of [JPMorgan Chase](https://en.wikipedia.org/wiki/JPMorgan_Chase "JPMorgan Chase") (the characters address the audience stating that in reality they had heard about Vennett's plan through word-of-mouth from friends and publications), convincing them to invest in CDSs, as it fits their strategy of buying cheap insurance with big potential payouts. As they are far below the capital threshold for an [International Swaps and Derivatives Association](https://en.wikipedia.org/wiki/International_Swaps_and_Derivatives_Association "International Swaps and Derivatives Association") (ISDA) [Master Agreement](https://en.wikipedia.org/wiki/ISDA_Master_Agreement "ISDA Master Agreement") required to enter into trades like Burry's and Baum's, they enlist the aid of Ben Rickert, Shipley's neighbor and a retired securities trader who was based in [Singapore](https://en.wikipedia.org/wiki/Singapore "Singapore"). When the bond values and CDOs rise despite defaults, Geller suspects the banks are committing fraud. The trio also visit the American Securitization Forum, where they learn that the [SEC](https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_Commission "U.S. Securities and Exchange Commission") has no regulations to monitor mortgage-backed security activity. They successfully make profit by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio. Later, as home mortgage defaults increase, the price of their CDSs does not rise nor does the price of the underlying mortgage bonds drop, and they realize the banks and the ratings agencies are secretly freezing the price of their CDOs in order to sell and short them before the inevitable crash. Outraged at the banks' cheating, Geller and Shipley try to tip off the press about the upcoming disaster and the rampant fraud, but a reporter from [The Wall Street Journal](https://en.wikipedia.org/wiki/The_Wall_Street_Journal "The Wall Street Journal") whom they have known since college and regard as principled declines to report the story in the interest of preserving his relationships with Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their CDSs. Ultimately, they turn their \$30 million investment into \$80 million, but their faith in the system is broken when Ben tells them of the severe consequences for the general public. Jared Vennett receives a bonus of \$47 million for profits made on his CDSs. Mark Baum becomes more gracious from the financial fallout, and his staff continue to operate their fund. Charlie Geller and Jamie Shipley go their separate ways after unsuccessfully trying to sue the ratings agencies, with Jamie still running the fund and Charlie moving to [Charlotte](https://en.wikipedia.org/wiki/Charlotte,_North_Carolina "Charlotte, North Carolina") to start a family. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS [audits](https://en.wikipedia.org/wiki/Audit "Audit"), now investing only in water securities. The personnel of the banks responsible for the crisis escape any consequences for their actions, with the single exception of one trader, [Kareem Serageldin](https://en.wikipedia.org/wiki/Kareem_Serageldin "Kareem Serageldin"). It is noted that as of 2015, banks are selling CDOs again under a new label: "[Bespoke Tranche Opportunity](https://en.wikipedia.org/wiki/Bespoke_portfolio_$CDO$ "Bespoke portfolio (CDO)")". [![](https://upload.wikimedia.org/wikipedia/commons/thumb/7/73/Christian_Bale_2014_%28cropped%29.jpg/120px-Christian_Bale_2014_%28cropped%29.jpg)](https://en.wikipedia.org/wiki/File:Christian_Bale_2014_$cropped$.jpg) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/9/96/Steve_Carell_November_2014.jpg/120px-Steve_Carell_November_2014.jpg)](https://en.wikipedia.org/wiki/File:Steve_Carell_November_2014.jpg) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/f/fc/Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg/120px-Ryan_Gosling_%2836034827222%29_%28cropped%29.jpg)](https://en.wikipedia.org/wiki/File:Ryan_Gosling_$36034827222$_$cropped$.jpg) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/4/4c/Brad_Pitt_2019_by_Glenn_Francis.jpg/120px-Brad_Pitt_2019_by_Glenn_Francis.jpg)](https://en.wikipedia.org/wiki/File:Brad_Pitt_2019_by_Glenn_Francis.jpg) - [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") as [Michael Burry](https://en.wikipedia.org/wiki/Michael_Burry "Michael Burry"), one of the first people to discover the American housing market bubble. Burry operates his own hedge fund, [Scion Capital](https://en.wikipedia.org/wiki/Scion_Capital "Scion Capital"), and uses his liquidity to short the housing market. - [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell") as Mark Baum, the leader of [FrontPoint Partners](https://en.wikipedia.org/wiki/FrontPoint_Partners "FrontPoint Partners"), a small independent trading firm. Baum is in a state of constant disgust with the American banks. The character is based on [Steve Eisman](https://en.wikipedia.org/wiki/Steve_Eisman "Steve Eisman"). - [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") as Jared Vennett, a salesman from [Deutsche Bank](https://en.wikipedia.org/wiki/Deutsche_Bank "Deutsche Bank") who decides to sell Burry's credit default swaps for his own profit. The character of Vennett is based on [Greg Lippmann](https://en.wikipedia.org/wiki/Greg_Lippmann "Greg Lippmann"). - [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") as Ben Rickert, a retired former trader who helps Jamie and Charlie with their trades. The character is based on Ben Hockett. - [John Magaro](https://en.wikipedia.org/wiki/John_Magaro "John Magaro") as Charlie Geller, one half of Brownfield Fund (based on [Cornwall Capital](https://en.wikipedia.org/wiki/Cornwall_Capital "Cornwall Capital")), who discover Vennett's prospectus and also decide to short the housing market. The character is based on Charlie Ledley. - [Finn Wittrock](https://en.wikipedia.org/wiki/Finn_Wittrock "Finn Wittrock") as Jamie Shipley, Charlie's partner in Brownfield Fund. The character is based on James Mai. - [Hamish Linklater](https://en.wikipedia.org/wiki/Hamish_Linklater "Hamish Linklater") as [Porter Collins](https://en.wikipedia.org/wiki/Porter_Collins "Porter Collins") - [Rafe Spall](https://en.wikipedia.org/wiki/Rafe_Spall "Rafe Spall") as Danny Moses - [Jeremy Strong](https://en.wikipedia.org/wiki/Jeremy_Strong_$actor$ "Jeremy Strong (actor)") as Vinny Daniel - [Marisa Tomei](https://en.wikipedia.org/wiki/Marisa_Tomei "Marisa Tomei") as Cynthia Baum, Mark Baum's wife. - [Tracy Letts](https://en.wikipedia.org/wiki/Tracy_Letts "Tracy Letts") as Lawrence Fields, an investor in Burry's hedge fund, a fictional composite of [Joel Greenblatt](https://en.wikipedia.org/wiki/Joel_Greenblatt "Joel Greenblatt") and others who had invested with Burry but came to disagree with his strategy. - [Adepero Oduye](https://en.wikipedia.org/wiki/Adepero_Oduye "Adepero Oduye") as Kathy Tao, an employee of [Morgan Stanley](https://en.wikipedia.org/wiki/Morgan_Stanley "Morgan Stanley"), who oversees Baum's fund. - [Karen Gillan](https://en.wikipedia.org/wiki/Karen_Gillan "Karen Gillan") as Evie, an employee of the [SEC](https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_Commission "U.S. Securities and Exchange Commission") and Jamie's brother's ex-girlfriend, whom he meets with in Las Vegas. - [Byron Mann](https://en.wikipedia.org/wiki/Byron_Mann "Byron Mann") as Wing Chau, a CDO manager whom Baum interviews in Las Vegas. - [Melissa Leo](https://en.wikipedia.org/wiki/Melissa_Leo "Melissa Leo") as Georgia Hale, an employee of [Standard and Poor's](https://en.wikipedia.org/wiki/Standard_and_Poor%27s "Standard and Poor's") based on Ernestine Warner, who admits to giving inaccurate ratings for bonds. - [Jae Suh Park](https://en.wikipedia.org/wiki/Jae_Suh_Park "Jae Suh Park") as Burry's wife. - [Max Greenfield](https://en.wikipedia.org/wiki/Max_Greenfield "Max Greenfield") and [Billy Magnussen](https://en.wikipedia.org/wiki/Billy_Magnussen "Billy Magnussen") as mortgage brokers taking advantage of people looking for homes. - Stanley Wong as Ted Jiang, a [quantitative analyst](https://en.wikipedia.org/wiki/Quantitative_analysis_$finance$ "Quantitative analysis (finance)") working for Jared Vennett. The character is based on real 'quant' Eugene Xu. Several celebrities appear as themselves throughout the film in interstitials to explain different financial aspects of the film: [Margot Robbie](https://en.wikipedia.org/wiki/Margot_Robbie "Margot Robbie") appears to explain [mortgage-backed securities](https://en.wikipedia.org/wiki/Mortgage-backed_security "Mortgage-backed security"), [Anthony Bourdain](https://en.wikipedia.org/wiki/Anthony_Bourdain "Anthony Bourdain") to detail [collateralized debt obligations](https://en.wikipedia.org/wiki/Collateralized_debt_obligation "Collateralized debt obligation"), and [Richard Thaler](https://en.wikipedia.org/wiki/Richard_Thaler "Richard Thaler") and [Selena Gomez](https://en.wikipedia.org/wiki/Selena_Gomez "Selena Gomez") to describe [credit default swaps](https://en.wikipedia.org/wiki/Credit_default_swap "Credit default swap") and [synthetic CDOs](https://en.wikipedia.org/wiki/Synthetic_CDO "Synthetic CDO"). The real [Michael Burry](https://en.wikipedia.org/wiki/Michael_Burry "Michael Burry") appears in a cameo as a worker at Scion Capital. In 2013, [Paramount](https://en.wikipedia.org/wiki/Paramount_Pictures "Paramount Pictures") acquired the rights to the 2010 non-fiction book [The Big Short: Inside the Doomsday Machine](https://en.wikipedia.org/wiki/The_Big_Short "The Big Short") by [Michael Lewis](https://en.wikipedia.org/wiki/Michael_Lewis "Michael Lewis"), to develop it into a film, which [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt")'s [Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") would produce.[\[9\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-9) On March 24, 2014, [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") was hired to write and direct a film about the housing and [economic bubble](https://en.wikipedia.org/wiki/Economic_bubble "Economic bubble").[\[4\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-McKay-4) Screenwriter [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph"), who co-wrote the film with McKay, said one of the first challenges was finding the right tone for the film. He told Creative Screenwriting, "In general it was trying to find the right tone that was slightly funnier than your average [Miloš Forman](https://en.wikipedia.org/wiki/Milo%C5%A1_Forman "Miloš Forman") comedy, which is all grounded character-based but not so satirical where you got [Wag the Dog](https://en.wikipedia.org/wiki/Wag_the_Dog "Wag the Dog"). Somewhere between there was what I was shooting for. Once I got the tone down, then I went through the plot. The market's movements provided you with an underlying plot. You make your short deal, then the bank is trying to squeeze you out, and then it all breaks loose. So that was pretty easy, and it provided character arcs against that."[\[10\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Hogan-10) Two years after Randolph wrote his draft, McKay, as director, rewrote Randolph's screenplay. It was McKay's idea to include the celebrity cameos in the film to explain the financial concepts.[\[10\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Hogan-10) On January 13, 2015, [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)") reported that [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt"), [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale"), and [Ryan Gosling](https://en.wikipedia.org/wiki/Ryan_Gosling "Ryan Gosling") were set to star in the film, with Pitt producing the film along with [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner") and [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner"). [Plan B Entertainment](https://en.wikipedia.org/wiki/Plan_B_Entertainment "Plan B Entertainment") would produce, with Paramount handling the distribution rights.[\[11\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Cast-11) Before this, Pitt had already starred in the adaptation of the author's [Moneyball](https://en.wikipedia.org/wiki/Moneyball_$film$ "Moneyball (film)"), for which he was nominated for an Oscar.[\[4\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-McKay-4)[\[11\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Cast-11) On January 14, it was announced that [Steve Carell](https://en.wikipedia.org/wiki/Steve_Carell "Steve Carell") would also star.[\[7\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CarellCast-7) On April 21, 2015, more cast was revealed by Deadline, including [Melissa Leo](https://en.wikipedia.org/wiki/Melissa_Leo "Melissa Leo"), [Marisa Tomei](https://en.wikipedia.org/wiki/Marisa_Tomei "Marisa Tomei"), [Tracy Letts](https://en.wikipedia.org/wiki/Tracy_Letts "Tracy Letts"), [Hamish Linklater](https://en.wikipedia.org/wiki/Hamish_Linklater "Hamish Linklater"), [John Magaro](https://en.wikipedia.org/wiki/John_Magaro "John Magaro"), [Byron Mann](https://en.wikipedia.org/wiki/Byron_Mann "Byron Mann"), [Rafe Spall](https://en.wikipedia.org/wiki/Rafe_Spall "Rafe Spall"), [Jeremy Strong](https://en.wikipedia.org/wiki/Jeremy_Strong_$actor$ "Jeremy Strong (actor)"), and [Finn Wittrock](https://en.wikipedia.org/wiki/Finn_Wittrock "Finn Wittrock").[\[12\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-DeadlineCast-12) [Max Greenfield](https://en.wikipedia.org/wiki/Max_Greenfield "Max Greenfield") joined the ensemble cast of the film on April 23, 2015.[\[13\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-GreenfieldCast-13) [Karen Gillan](https://en.wikipedia.org/wiki/Karen_Gillan "Karen Gillan") tweeted about her involvement in the film on May 8, 2015.[\[14\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-GillanCast-14) Jeffry Griffin, who plays Vennett's assistant Chris, was originally planned to appear only as an [extra](https://en.wikipedia.org/wiki/Extra_$acting$ "Extra (acting)") and was cast to a speaking role after a production assistant picked him out of a crowd.[\[15\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-15)[\[16\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-16) [Principal photography](https://en.wikipedia.org/wiki/Principal_photography "Principal photography") on the film began on March 18, 2015, in [New Orleans](https://en.wikipedia.org/wiki/New_Orleans "New Orleans"), [Louisiana](https://en.wikipedia.org/wiki/Louisiana "Louisiana").[\[17\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-17)[\[18\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-18) On March 25, filming was taking place on General de Gaulle Boulevard in the [Algiers](https://en.wikipedia.org/wiki/Algiers,_New_Orleans "Algiers, New Orleans") section of New Orleans.[\[19\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-19) On May 8, Gillan confirmed she was shooting her scenes.[\[14\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-GillanCast-14) On May 20, 2015, filming took place on a short stretch of Mercer Street, between [Prince Street](https://en.wikipedia.org/wiki/Prince_Street_$BMT_Broadway_Line$ "Prince Street (BMT Broadway Line)") and [Spring Street](https://en.wikipedia.org/wiki/Spring_Street_$Manhattan$ "Spring Street (Manhattan)"), in [Manhattan](https://en.wikipedia.org/wiki/Manhattan "Manhattan"), [New York City](https://en.wikipedia.org/wiki/New_York_City "New York City").[\[20\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-20) On May 22, the production crew recreated the offices of failed investment firm [Lehman Brothers](https://en.wikipedia.org/wiki/Lehman_Brothers "Lehman Brothers") in the lobby of the [New York State Department of Financial Services](https://en.wikipedia.org/wiki/New_York_State_Department_of_Financial_Services "New York State Department of Financial Services") in Manhattan.[\[21\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-wsj-21) An assistant counsel for the Department of Financial Services played one of the extras in the scene.[\[21\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-wsj-21) On September 22, 2015, Paramount set the film for a [limited release](https://en.wikipedia.org/wiki/Limited_release "Limited release") on December 11, 2015, and a [wide release](https://en.wikipedia.org/wiki/Wide_release "Wide release") on December 23, 2015.[\[22\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-22) The film was rated R by the Motion Picture Association (MPA, formerly MPAA) for pervasive language and some sexuality/nudity. The film was released on [DVD](https://en.wikipedia.org/wiki/DVD "DVD") and [Blu-ray](https://en.wikipedia.org/wiki/Blu-ray "Blu-ray") on March 15, 2016.[\[23\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-23) The Big Short grossed \$70.3 million in the United States and Canada and \$63.2 million in other countries for a worldwide total of \$133.4 million, against a production budget of \$50 million.[\[3\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-BOM-3) The film was released in eight theaters in [Los Angeles](https://en.wikipedia.org/wiki/Los_Angeles "Los Angeles"), [New York](https://en.wikipedia.org/wiki/New_York_City "New York City"), [San Francisco](https://en.wikipedia.org/wiki/San_Francisco "San Francisco") and [Chicago](https://en.wikipedia.org/wiki/Chicago "Chicago") on December 11, 2015, and earned \$705,527 (an average of \$88,191 per theater). It set the record for the best ever per-screen gross for a film opening in eight locations, breaking the previous record held by [Memoirs of a Geisha](https://en.wikipedia.org/wiki/Memoirs_of_a_Geisha_$film$ "Memoirs of a Geisha (film)") (\$85,313 per theater),[\[24\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-aAa-24) and was the third biggest theater average of 2015 behind the four screen debuts of [Steve Jobs](https://en.wikipedia.org/wiki/Steve_Jobs_$film$ "Steve Jobs (film)") (\$130,000) and [The Revenant](https://en.wikipedia.org/wiki/The_Revenant_$2015_film$ "The Revenant (2015 film)") (\$118,640).[\[25\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-25) The film had its wide release on December 23, 2015, and grossed \$2.3 million on its first day. In its opening weekend it grossed \$10.5 million, finishing 6th at the box office.[\[26\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CinemaScore-26) [![](https://upload.wikimedia.org/wikipedia/commons/thumb/0/0a/Christian_Bale-7837.jpg/250px-Christian_Bale-7837.jpg)](https://en.wikipedia.org/wiki/File:Christian_Bale-7837.jpg) [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") received widespread acclaim, earning an [Academy Award for Best Supporting Actor](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Supporting_Actor "Academy Award for Best Supporting Actor") nomination On [review aggregator](https://en.wikipedia.org/wiki/Review_aggregator "Review aggregator") website [Rotten Tomatoes](https://en.wikipedia.org/wiki/Rotten_Tomatoes "Rotten Tomatoes"), The Big Short has an approval rating of 89% based on 331 reviews, with an [average rating](https://en.wikipedia.org/wiki/Weighted_arithmetic_mean "Weighted arithmetic mean") of 7.80/10. The site's critical consensus reads, "The Big Short approaches a serious, complicated subject with an impressive attention to detail – and manages to deliver a well-acted, scathingly funny indictment of its real-life villains in the bargain."[\[27\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-27) On [Metacritic](https://en.wikipedia.org/wiki/Metacritic "Metacritic"), the film has a score of 81 out of 100 based on 45 reviews, indicating "universal acclaim".[\[28\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-28) Audiences polled by [CinemaScore](https://en.wikipedia.org/wiki/CinemaScore "CinemaScore") gave the film an average grade of "A−" on an A+ to F scale.[\[26\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-CinemaScore-26) [IGN](https://en.wikipedia.org/wiki/IGN "IGN") gave the film a score of 8.6/10, praising its "energetic direction" and making "a complicated tale palpable for the layperson even as it triggers outrage at the fatcats who helped cause it".[\[29\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-29) [The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")' "UpShot" series stated The Big Short offered the "strongest film explanation of the global financial crisis". The series also stated that it "wouldn't necessarily have been able to cash in as successfully as the characters in The Big Short. The success of this film is due to the work of the actors who played the characters.”[\[30\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-nytimes_2015_12_23-30) In 2021, members of [Writers Guild of America West](https://en.wikipedia.org/wiki/Writers_Guild_of_America_West "Writers Guild of America West") (WGAW) and [Writers Guild of America, East](https://en.wikipedia.org/wiki/Writers_Guild_of_America,_East "Writers Guild of America, East") (WGAE) voted its screenplay 55th in WGA’s 101 Greatest Screenplays of the 21st Century (So Far).[\[31\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-31)[\[32\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-32) In 2025, it was one of the films voted for the "Readers' Choice" edition of [The New York Times](https://en.wikipedia.org/wiki/The_New_York_Times "The New York Times")' list of "The 100 Best Movies of the 21st Century," finishing at number 133.[\[33\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-33) ### Historical accuracy \[[edit](https://en.wikipedia.org/w/index.php?title=The_Big_Short_$film$&action=edit&section=14 "Edit section: Historical accuracy")\] [David McCandless](https://en.wikipedia.org/wiki/David_McCandless "David McCandless")'s visual blog Information is Beautiful deduced that, while taking creative license into account, the film was 91.4% accurate when compared to real-life events, calling it a "shockingly truthful film" with "very little dramatization or fakery."[\[34\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-34) Movie critics with backgrounds in finance also commented on the film. Many agreed with the public that The Big Short was entertaining and engaging, but also terrifying. [Glenn Kenny](https://en.wikipedia.org/wiki/Glenn_Kenny "Glenn Kenny") reported that the film accurately got the message across that even though the lives of the characters were not interconnected, their stories were.[\[35\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-35) While the general plot of the film is the same as the book, many of the character names have been changed. For example, [Steve Eisman](https://en.wikipedia.org/wiki/Steve_Eisman "Steve Eisman") has become "Mark Baum" and [Greg Lippmann](https://en.wikipedia.org/wiki/Greg_Lippmann "Greg Lippmann") has become "Jared Vennett". Some biographical information has also been slightly modified.[\[36\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-36) Eisman has said that he respects Carell's portrayal but that it was not 100 percent true to his real character. Speaking to [The Globe and Mail](https://en.wikipedia.org/wiki/The_Globe_and_Mail "The Globe and Mail"), Eisman said, "Eliminate my sense of humor and make me angry all the time, and that's \[Carell's\] portrayal. It's accurate enough, but it's not really me."[\[37\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-37). However, in September 2025, Eisman recalled that after reading the transcript of his interview with the [Financial Crisis Inquiry Commission](https://en.wikipedia.org/wiki/Financial_Crisis_Inquiry_Commission "Financial Crisis Inquiry Commission") from 2010, he reassessed Carell's portrayal: "I read my whole transcript, my entire interview... You know, Steve Carell was right. I was that angry. I was so angry at what Wall Street had done." [\[38\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-38) The film, along with [The Wolf of Wall Street](https://en.wikipedia.org/wiki/The_Wolf_of_Wall_Street_$2013_film$ "The Wolf of Wall Street (2013 film)"), had a brief resurgence in the wake of the January 2021 [GameStop short squeeze](https://en.wikipedia.org/wiki/GameStop_short_squeeze "GameStop short squeeze") as the events shown in the films provided reference points for what was happening with the GameStop and related stocks.[\[39\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-39) [Adam McKay](https://en.wikipedia.org/wiki/Adam_McKay "Adam McKay") and [Charles Randolph](https://en.wikipedia.org/wiki/Charles_Randolph "Charles Randolph") won the [Academy Award](https://en.wikipedia.org/wiki/Academy_Award_for_Best_Adapted_Screenplay "Academy Award for Best Adapted Screenplay"),[\[40\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-40) [BAFTA Award](https://en.wikipedia.org/wiki/BAFTA_Award_for_Best_Adapted_Screenplay "BAFTA Award for Best Adapted Screenplay"),[\[41\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-41) [Critics' Choice Movie Award](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Adapted_Screenplay "Critics' Choice Movie Award for Best Adapted Screenplay"),[\[42\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-42) and [Writers Guild of America Award](https://en.wikipedia.org/wiki/Writers_Guild_of_America_Award_for_Best_Adapted_Screenplay "Writers Guild of America Award for Best Adapted Screenplay")[\[43\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-43), all for Best Adapted Screenplay. They also won an [Empire Award](https://en.wikipedia.org/wiki/21st_Empire_Awards "21st Empire Awards") for Best Screenplay.[\[44\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-44) [Christian Bale](https://en.wikipedia.org/wiki/Christian_Bale "Christian Bale") won the [Critics' Choice Movie Award for Best Actor in a Comedy](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Actor_in_a_Comedy "Critics' Choice Movie Award for Best Actor in a Comedy")[\[45\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Critic's_Choice-45) and the [Satellite Award for Best Supporting Actor - Motion Picture](https://en.wikipedia.org/wiki/Satellite_Award_for_Best_Actor_in_a_Supporting_Role "Satellite Award for Best Actor in a Supporting Role").[\[46\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-46) [Hank Corwin](https://en.wikipedia.org/wiki/Hank_Corwin "Hank Corwin") won the [American Cinema Editors Award for Best Edited Feature Film (Comedy or Musical)](https://en.wikipedia.org/wiki/American_Cinema_Editors_Award_for_Best_Edited_Feature_Film_%E2%80%93_Comedy_or_Musical "American Cinema Editors Award for Best Edited Feature Film – Comedy or Musical")[\[47\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-47) and [Los Angeles Film Critics Association Award](https://en.wikipedia.org/wiki/Los_Angeles_Film_Critics_Association "Los Angeles Film Critics Association") for Best Editing.[\[48\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-48) The film won the [Critics' Choice Movie Award for Best Comedy](https://en.wikipedia.org/wiki/Critics%27_Choice_Movie_Award_for_Best_Comedy "Critics' Choice Movie Award for Best Comedy")[\[45\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-Critic's_Choice-45) and was named one of the Top 10 Films of the Year at the [American Film Institute Awards 2015](https://en.wikipedia.org/wiki/American_Film_Institute_Awards_2015 "American Film Institute Awards 2015").[\[49\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-49) [Dede Gardner](https://en.wikipedia.org/wiki/Dede_Gardner "Dede Gardner"), [Jeremy Kleiner](https://en.wikipedia.org/wiki/Jeremy_Kleiner "Jeremy Kleiner"), and [Brad Pitt](https://en.wikipedia.org/wiki/Brad_Pitt "Brad Pitt") won the [Producers Guild of America Award for Best Theatrical Motion Picture](https://en.wikipedia.org/wiki/Producers_Guild_of_America_Award_for_Best_Theatrical_Motion_Picture "Producers Guild of America Award for Best Theatrical Motion Picture").[\[50\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-50) The cast also won the [National Board of Review Award for Best Ensemble](https://en.wikipedia.org/wiki/National_Board_of_Review_Award_for_Best_Cast "National Board of Review Award for Best Cast").[\[51\]](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_note-51) - [Bankruptcy of Lehman Brothers](https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers "Bankruptcy of Lehman Brothers") - [The Last Days of Lehman Brothers](https://en.wikipedia.org/wiki/The_Last_Days_of_Lehman_Brothers "The Last Days of Lehman Brothers") - [Great Recession](https://en.wikipedia.org/wiki/Great_Recession "Great Recession") - [Inside Job (2010 film)](https://en.wikipedia.org/wiki/Inside_Job_$2010_film$ "Inside Job (2010 film)") - [Margin Call (2011 film)](https://en.wikipedia.org/wiki/Margin_Call "Margin Call") - [Too Big to Fail (film)](https://en.wikipedia.org/wiki/Too_Big_to_Fail_$film$ "Too Big to Fail (film)") 1. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-1) ["The Big Short (15)"](https://web.archive.org/web/20151116073303/http://bbfc.co.uk/releases/big-short-film). [British Board of Film Classification](https://en.wikipedia.org/wiki/British_Board_of_Film_Classification "British Board of Film Classification"). November 9, 2015. Archived from [the original](https://www.bbfc.co.uk/AVF331428) on November 16, 2015. Retrieved November 9, 2015. 2. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-2) FilmL.A. (June 15, 2016). ["2015 Feature Film Study"](https://indd.adobe.com/view/87976431-f650-4be0-a9c3-392d676b5514). Retrieved June 29, 2017. `{{cite web}}`: CS1 maint: deprecated archival service ([link](https://en.wikipedia.org/wiki/Category:CS1_maint:_deprecated_archival_service "Category:CS1 maint: deprecated archival service")) 3. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-BOM_3-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-BOM_3-1) ["The Big Short (2015) - Box Office Mojo"](https://www.boxofficemojo.com/movies/?id=bigshort.htm). Box Office Mojo. [Archived](https://web.archive.org/web/20160130175347/http://www.boxofficemojo.com/movies/?id=bigshort.htm) from the original on January 30, 2016. Retrieved May 22, 2017. 4. ^ [a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-McKay_4-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-McKay_4-1) [c](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-McKay_4-2) ["Paramount Taps 'Anchorman' Helmer Adam McKay To Adapt And Direct Michael Lewis' 'The Big Short' About Economic Meltdown"](https://deadline.com/2014/03/adam-mckay-big-short-movie-michael-lews-703473/). [Deadline Hollywood](https://en.wikipedia.org/wiki/Deadline_Hollywood "Deadline Hollywood"). March 24, 2014. [Archived](https://web.archive.org/web/20150419032021/http://deadline.com/2014/03/adam-mckay-big-short-movie-michael-lews-703473/) from the original on April 19, 2015. Retrieved April 18, 2015. 5. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-5)* ["Paramount pushes 'The Big Short' into awards season"](https://www.chicagotribune.com/entertainment/sns-bc-us--film-the-big-short-20150922-story.html). [Chicago Tribune](https://en.wikipedia.org/wiki/Chicago_Tribune "Chicago Tribune"). Associated Press. September 25, 2015. [Archived](https://web.archive.org/web/20200614090319/https://www.chicagotribune.com/entertainment/sns-bc-us--film-the-big-short-20150922-story.html) from the original on June 14, 2020. Retrieved April 17, 2020. 6. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-6) ["The Big Short \\| Trailer & Movie Site \\| December 2015"](http://www.thebigshortmovie.com/). The Big Short. [Archived](https://web.archive.org/web/20151230183944/http://www.thebigshortmovie.com/) from the original on December 30, 2015. Retrieved December 26, 2015. 7. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-CarellCast_7-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-CarellCast_7-1) Kit, Borys (January 14, 2015). ["Steve Carell in Talks to Join Christian Bale, Ryan Gosling in 'The Big Short'"](https://www.hollywoodreporter.com/news/steve-carell-talks-join-christian-763755). [The Hollywood Reporter](https://en.wikipedia.org/wiki/The_Hollywood_Reporter "The Hollywood Reporter"). [Archived](https://web.archive.org/web/20150122231841/http://www.hollywoodreporter.com/news/steve-carell-talks-join-christian-763755) from the original on January 22, 2015. Retrieved January 15, 2015. 8. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-8)* ["Lippmann, Deutsche Trader, Steps Down, NYTimes Dealbook 21 April 2010"](https://dealbook.nytimes.com/2010/04/21/lippmann-deutsche-trader-steps-down). April 21, 2010. [Archived](https://web.archive.org/web/20180624035829/https://dealbook.nytimes.com/2010/04/21/lippmann-deutsche-trader-steps-down/) from the original on June 24, 2018. Retrieved November 23, 2018. 9. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-9) McNary, Dave (March 24, 2014). ["'Anchorman's' Adam McKay Boards Financial Drama"](https://variety.com/2014/film/news/adam-mckay-big-short-brad-pitt-1201144582/). [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)"). [Archived](https://web.archive.org/web/20170704085656/http://variety.com/2014/film/news/adam-mckay-big-short-brad-pitt-1201144582/) from the original on July 4, 2017. Retrieved April 18, 2015. 10. ^ [*a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Hogan_10-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Hogan_10-1) Hogan, Brianne (January 20, 2016). ["Banking on The Big Short"](http://creativescreenwriting.com/banking-on-the-big-short/). Creative Screenwriting. [Archived](https://web.archive.org/web/20160508090559/http://creativescreenwriting.com/banking-on-the-big-short/) from the original on May 8, 2016. Retrieved January 21, 2016. 11. ^ [a](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Cast_11-0) [b](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-Cast_11-1) Kroll, Justin (January 13, 2015). ["Brad Pitt, Christian Bale and Ryan Gosling to Star in Financial Drama 'The Big Short' (EXCLUSIVE)"](https://variety.com/2015/film/news/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038/). [Variety](https://en.wikipedia.org/wiki/Variety_$magazine$ "Variety (magazine)"). [Archived](https://web.archive.org/web/20150114172701/http://variety.com/2015/film/news/brad-pitt-christian-bale-and-ryan-gosling-to-star-in-financial-drama-the-big-short-exclusive-1201404038/) from the original on January 14, 2015. Retrieved January 14, 2015. 12. [^](https://en.wikipedia.org/wiki/The_Big_Short_$film$#cite_ref-DeadlineCast_12-0)* Fleming, Mike Jr. (April 21, 2015). 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[The Hollywood Reporter](https://en.wikipedia.org/wiki/The_Hollywood_Reporter "The Hollywood Reporter"). [Archived](https://web.archive.org/web/20151203220125/http://www.hollywoodreporter.com/news/national-board-review-2015-winners-844862) from the original on December 3, 2015. Retrieved January 22, 2018. - [Official website](https://web.archive.org/web/20160303180208/http://www.thebigshortmovie.com/) at the [Wayback Machine](https://en.wikipedia.org/wiki/Wayback_Machine "Wayback Machine") (archived March 3, 2016) - [The Big Short](https://www.imdb.com/title/tt1596363/) at [IMDb](https://en.wikipedia.org/wiki/IMDb_$identifier$ "IMDb (identifier)") - [The Big Short](https://www.boxofficemojo.com/movies/?id=bigshort.htm) at [Box Office Mojo](https://en.wikipedia.org/wiki/Box_Office_Mojo "Box Office Mojo") - [The Big Short](https://www.rottentomatoes.com/m/the_big_short) at [Rotten Tomatoes](https://en.wikipedia.org/wiki/Rotten_Tomatoes "Rotten Tomatoes") - [The Big Short](https://www.metacritic.com/movie/the-big-short) at [Metacritic](https://en.wikipedia.org/wiki/Metacritic "Metacritic") [![Edit this at Wikidata](https://upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png)](https://www.wikidata.org/wiki/Q19850715#P1712 "Edit this at Wikidata") - ["The Big Short" at Second City Tzivi](http://ff2media.com/secondcitytzivi/2015/12/11/the-big-short/) [Archived](https://web.archive.org/web/20190927202316/https://ff2media.com/secondcitytzivi/2015/12/11/the-big-short/) September 27, 2019, at the [Wayback Machine](https://en.wikipedia.org/wiki/Wayback_Machine "Wayback Machine")
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