Over the past week I’ve been revisiting the 2007-08 subprime mortgage crisis, on page and on screen. A good place to start is Charles Ferguson’s documentary Inside Job, with more detail available in his companion volume Predator Nation. Also good as backgrounders are John Lanchester’s I.O.U. and (more journalistic) All the Devils are Here by Bethany McLean and Joe Nocera.
Hollywood has had several kicks at the can. The best, in my opinion, is Margin Call (2011), a taut drama focusing on character and condensing the crisis into the events of a single day. Oliver Stone’s Wall Street: Money Never Sleeps (2010) had a lot of potential, all of it unrealized. It’s a pointless sequel to an ’80s classic. Finally there is The Big Short (2015), a film based on Michael Lewis’s book of the same name. For some reason this film got rave reviews. I found it to be silly.