Faculty News

In a co-authored op-ed, Professor Kim Schoenholtz discusses how "The Big Short" highlights the financial crisis and common misconceptions about the financial crisis

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Excerpt from The Huffington Post -- "The movie--along with some misleading criticism--prompts us to clarify what we view as the prime causes of the financial crisis. The financial corruption depicted in the movie is deeply troubling... But what made the U.S. financial system so fragile a decade ago, and what made the crisis so deep, were practices that were completely legal. The scandal is that we still haven't addressed these properly."

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