Toward the end of the movie, when the mortgage default rates went up, why initially there was
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Toward the end of the movie, when the mortgage default rates went up, why initially there was no change in values of the short positions against mortgage bonds? Can you find violations of fiduciary responsibilities of the banks to their customers? (Note: Theoretically, value of short-selling position goes up when the price of the underlying asset declines.)
This question is finance-related and taken from the 2015 film The Big Short:
Related Book For
Project Management The Managerial Process
ISBN: 9781260570434
8th Edition
Authors: Eric W Larson, Clifford F. Gray
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