All they need now is for the banks to fail. Meanwhile, two investors, Charlie Geller and Jamie Shipley, find out about Vennett’s bet and choose to invest in swaps. Soon after Mark Baum, another hedge fund manager at FrontPoint Partners is pushed to buy swaps from Vennett. Jared Vennett (based on Greg Lippmann), the narrator of the film and executive in charge of global asset-backed securities trading at Deutsche Bank, decides to enter the market, earning from selling the swaps to firms who will profit when the underlying bonds fail. Three different stories overlap and connect: hedge fund manager Michael Burry, foreseeing the collapse of the US housing market, creates a credit default swap market. The Big Short is based on real events, following four people who won big by predicting the 2008 financial crisis and betting against the housing market. Further episodes explore other topics such one of the biggest thefts in Canadian history – the Great Canadian Maple Syrup Heist – when, between 20, $18.7 million of syrup went missing from a FPAQ facility, revealing a suspected insider job.ĭirty Money also covers the several real estate lawsuits filed against Donald Trump and the lies behind his business career, and it ends with an episode on Point Comfort Formosa plastics plant and its waste violations, which threatened the lives of a community and led to the largest citizen-led settlement of a Clean Water Act suit in history. The first season opens with an episode on Dieselgate, revealing how back in 2015 Volkswagen passed off millions of its cars as clean diesel vehicles. Dirty Money (2018)ĭirty Money tells all about corporate corruption and securities fraud, with each episode showing the personal and global implications of payday loans and of the corruption of the automobile industry, banks and Big Pharma, and the effect these have on regular people.
#Must see finance documentaries series#
This series makes it easy for anyone without a proper financial education to understand the complicated schemes which made it possible for Madoff to defraud so many investors, while also being a cautionary tale about greed. Madoff was ignored by the US Securities and Exchange Commission (SEC) for years, until his scheme was finally exposed during the 2008 financial crisis. Madoff: The Monster of Wall Street follows the rise and fall of the financier and creator of one of the biggest documented Ponzi schemes in history.Ĭombining expert interviews with recreations and original Madoff depositions, the series explores how he was able to defraud investors while going undetected for years, despite competitor and media attempts to investigate his suspicious returns.
#Must see finance documentaries serial#
Labelled a “financial serial killer,” Bernie Madoff has become one of the most notorious Wall Street fraudsters in living memory.
MADOFF: The Monster of Wall Street (2023)
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