The Big Short is a 2015 American biographical comedy-drama film directed by Adam McKay. Written by McKay and Charles Randolph, it is based on the 2010 book The Big Short: Inside the Doomsday Machine by Michael Lewis showing how the financial crisis of 2007–2008 was triggered by the United States housing bubble. The film stars Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt, with Melissa Leo, Hamish Linklater, John Magaro, Rafe Spall, Jeremy Strong, Finn Wittrock, and Marisa Tomei in supporting roles.

The film is noted for the unconventional techniques it employs to explain financial instruments. Among others, it features cameo appearances by actress Margot Robbie, chef Anthony Bourdain, singer-songwriter Selena Gomez, and economist Richard Thaler, who break the fourth wall to explain concepts such as subprime mortgages and synthetic collateralized debt obligations. Several of the film s characters directly address the audience, most frequently Gosling s, who serves as the narrator.

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. A critical and commercial success, the film grossed $133 million on $50 million budget and received acclaim for the performances of the cast (particularly that of Bale), 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.

Premise

The film consists of three separate but concurrent stories, loosely connected by their actions in the years leading up to the 2007 housing market crash.

Scion Capital

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 market, allowing him to bet against, or short, market-based mortgage-backed securities, for profit.

His long-term bet, exceeding $1 billion, is accepted by major investment and commercial banks 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 market collapses 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 receiving $489 million alone.

FrontPoint Partners

Jared Vennett (based on Greg Lippmann), the executive in charge of global asset-backed securities trading at Deutsche Bank, is one of the first to understand Burry s analysis, learning from one of the bankers who sold Burry an early credit default swap. Using his quant to verify that Burry is most likely correct, he decides to enter the market, earning a fee from selling the swaps to firms who will profit when the underlying bonds fail. 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 at AAA ratings 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, who pay higher margins for the riskier mortgages, creating the bubble. This knowledge prompts the FrontPoint team to buy swaps 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, whose umbrella FrontPoint operates under, had also taken short positions against mortgage derivatives. However, in order to offset the risk and the monthly premiums, it had bought 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 swaps. 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 Capital

Young investors Charlie Geller and Jamie Shipley run a small firm called Brownfield Capital (based on the firm Cornwall Capital). They accidentally discover a marketing presentation by Vennett on a coffee table in the lobby of a large investment bank (the characters address the audience stating that in reality they had heard about Vennett s plan through word of mouth from friends and family), convincing them to invest in swaps, as it fits their strategy of buying cheap insurance with big potential payouts. Below the capital threshold for an ISDA Master Agreement required to enter into trades like Burry s and Baum s, they enlist the aid of Ben Rickert, a retired securities trader who was based in Singapore. When the bond values and CDOs rise despite defaults, Geller suspects the banks of 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 even more profit than Burry and Baum by shorting the higher-rated AA mortgage securities, as they were considered highly stable and carried a much higher payout ratio.

Later, as default numbers rise, the value of the CDOs and mortgage bonds does not change, and they realize the banks and the ratings agencies are maintaining the value of their CDOs in order to sell and short them before the inevitable crash. Horrified, they try to tip off the press about the upcoming disaster and the rampant fraud, but a writer from The Wall Street Journal exposes his own personal conflict of interest and will not listen in order to not endanger his relationships at the Wall Street investment banks. As the market starts collapsing, Ben, on vacation in England, sells their swaps. 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

Jared Vennett receives a bonus of $47 million for all of his swap sales. 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 Charlie moving to Charlotte to start a family, and Jamie still running the fund. Ben Rickert returns to his peaceful retirement. Michael Burry closes his fund after public backlash and multiple IRS audits, now only investing 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. It is noted that as of 2015, banks are selling CDOs again under a new label: Bespoke Tranche Opportunity .

Cast

• 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: one of Baum s team.
• Rafe Spall as Danny Moses: one of Baum s team.
• Jeremy Strong as Vinny Daniel: one of Baum s team.
• Marisa Tomei as Cynthia Baum: Mark Baum s wife.

Tracy Letts appears 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. Byron Mann appeared as Mr. Chau, a CDO specialist whom Baum interviews in Las Vegas, and Melissa Leo as Georgia Hale, an employee of Standard and Poor s who admits to giving inaccurate ratings for bonds. Adepero Oduye portrays Kathy Tao, an employee of Morgan Stanley, who oversees Baum s fund.

In minor roles, Karen Gillan appears as Evie, an employee of the SEC and Jamie s brother s ex-girlfriend, whom he meets with in Las Vegas. Max Greenfield and Billy Magnussen appear as mortgage brokers taking advantage of people looking for homes. Jae Suh Park features as Burry s wife, and Margot Robbie, Anthony Bourdain, Richard Thaler and Selena Gomez make cameo appearances as themselves in non-sequiturs to explain different financial aspects of the film. The real Michael Burry made a cameo in the film as a Scion employee. At the beginning of the scene in which the fictional Burry s investors confront him at his office, he is briefly shown standing near the front door, talking on the phone.

Production

Development

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. On March 24, 2014, Adam McKay was hired to write and direct a film about the housing and economic bubble. 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. 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.

Casting

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 finance, with Paramount handling the distribution rights. Before this, Pitt had already starred in the adaptation of the author s Moneyball, for which he was nominated for an Oscar. On January 14, it was announced that Steve Carell would also star. 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. Charles Randolph wrote the initial draft. Max Greenfield joined the ensemble cast of the film on April 23, 2015. Karen Gillan tweeted about her involvement in the film on May 8, 2015. Jeffry Griffin, who plays Vennett s assistant Chris, was originally only planned to appear as an extra, and was cast to a speaking role after a production assistant picked him out of a crowd.

Filming

Principal photography on the film began on March 18, 2015, in New Orleans, Louisiana. On March 25, filming was taking place on General de Gaulle Boulevard in the Algiers section of New Orleans. On May 8, Gillan confirmed she was shooting her scenes. 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. 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. An assistant counsel for the Department of Financial Services played one of the extras in the scene.

Release

On September 22, 2015, Paramount set the film for a limited release on December 11, 2015, and a wide release on December 23, 2015. The film was released on DVD and Blu-ray on March 15, 2016.

Reception

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.

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), and was the third biggest theater average of 2015 behind the four screen debuts of Steve Jobs ($130,000) and The Revenant ($118,640).

The film had its wide release on Wednesday 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.

Critical response

On review aggregator website Rotten Tomatoes, the film 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. On Metacritic, the film has a score of 81 out of 100 based on 45 reviews, indicating universal acclaim . Audiences polled by CinemaScore gave the film an average grade of A− on an A+ to F scale.

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 .

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.”

Historical accuracy

David McCandless s visual blog Information is Beautiful deduced that, while taking creative licence 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 .

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.

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.

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 humour and make me angry all the time, and that s portrayal. It s accurate enough, but it s not really me.

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.

Accolades

Adam McKay and Charles Randolph won the Academy Award, BAFTA Award, and Writers Guild of America Award for Best Adapted Screenplay. They also won an Empire Award for the Best Screenplay. Christian Bale won the Critics Choice Movie Award for Best Actor in a Comedy and the Satellite Award for Best Supporting Actor (Motion Picture). Hank Corwin won the American Cinema Editors Award for Best Edited Feature Film (Comedy or Musical) and Los Angeles Film Critics Association Award for Best Editing.

The film earned the Critics Choice Movie Award for Best Comedy and was named one of the Top 10 Films of the Year at the American Film Institute Awards 2015. Dede Gardner, Jeremy Kleiner, and Brad Pitt won the Producers Guild of America Award for Best Theatrical Motion Picture. The cast also won the National Board of Review Award for Best Ensemble.

Year	2015
ReleaseDate	2015-12-23
RuntimeMins	130
RuntimeStr	2h 10min
Plot	In 2006-2007 a group of investors bet against the US mortgage market. In their research, they discover how flawed and corrupt the market is.
Awards	Won 1 Oscar, 37 wins & 81 nominations total
Directors	Adam McKay
Writers	Charles Randolph, Adam McKay, Michael Lewis
Stars	Christian Bale, Steve Carell, Ryan Gosling
Produced by	Dede Gardner,Jeremy Kleiner,Kevin J. Messick,Arnon Milchan,Brad Pitt,Louise Rosner,Robyn Wholey
Music by	Nicholas Britell
Cinematography by	Barry Ackroyd
Film Editing by	Hank Corwin
Casting By	Kathy Driscoll,Francine Maisler
Production Design by	Clayton Hartley
Art Direction by	Elliott Glick
Set Decoration by	Susan Ogu,Linda Lee Sutton
Costume Design by	Susan Matheson
Makeup Department	Lawrnell Bell-Rattler,Michelle Diamantides,Julie Hewett,Stacy Kelly,Adruitha Lee,Louise McCarthy,Sarah Stamp,Ashley Treadaway,Pamela S. Westmore,Jillian Erickson,Annabelle MacNeal,Alex Perrone,Crystal Wells
Production Management	Kirby Adams,Teddy Au,Lisa Rodgers,Louise Rosner
Second Unit Director or Assistant Director	Amy Lauritsen,Pamela Monroe,Josh Muzaffer,Cali Pomes,Matt Rebenkoff
Art Department	Scott M. Anderson,Chris Arnold,Isidoro Avila,Mychael Bates,Joe Bergman,Doug Bernard,Ronald D. Castleberry,John B. Clarey III,Randall S. Coe,Matthew L. Crowson,Saul Cruthirds,Russell Culotta,Tiffany Eastin,Jann K. Engel,Brigitte Faucheaux,Gregory T. Geniusz,Shelby Gillen,Michelle C. Harmon,Harrison Hartley,John Herbert,Tracy Morris Johnson,Chris Kibler,Lisa Kutyreff,Severin Lagarde,Ryan LeBlanc,Kristin Lekki,Twig Leveque,K. Emily Levine,Janette Luttrell,Steve Martemucci,Carl Mastio,Wright McFarland,Henry McGee,Justin Meriwether,Telly Lee Ordoyne,Gerald Palone,Paul Pitalo,Craig Ruiz,Miranda Sink,Chere Theriot
Sound Department	Laura Harris Atkinson,Anna Behlmer,Craig Botes,Andrew DeCristofaro,Dawn Fintor,Dustin Fleetwood,Eric Flickinger,Judah Getz,David Jobe,Tim Kimmel,Betsy Lindell,Brad Lokey,Kim Maitland,Andy Malcolm,John Morris,Stephen Muir,Michael Payne,Terry Porter,Ryan Putz,Andy Stallabrass,Alicia Stevenson,Becky Sullivan,Darren ‘Sunny’ Warkentin,Gayle Wesley,Don White,Jay Wilkinson,David Wyman,Darren Polish
Special Effects by	Donnie Dean,Michelle Dickson,Drew Jiritano,Justin Kane Miller,Blumes Tracy,Juli Van Brown
Visual Effects by	Scott Balkcom,William Barkus,Wayne Billheimer,Richard Bluff,Chris Cabrera,Joe Ceballos,Patrick Clancey,Rebecca Forth,Brian Hajek,Jonathan Harb,Drew Huntley,Michael Kennen,Sun Lee,Paul Linden,Lee Mar,Jamison McCord,Mare McIntosh,Brian Meanley,Pierre Nahoum,Thomas Nittmann,Adedunmola Olanrewaju,Robert Olsson,Bruno Parenti,Jeff Penick,Benjamin T. Perkins,Jason Adam Schaefer,Josh Singer,Greg Souers,Kristina Truong,Cliff Welsh,Edson Williams,Sumriti Bhogal,Gus Duron,Kimberly Huston,Juan Pablo Monroy,Ali Myers,John Polyson,Yuki Uehara,Carlos A. Vidal
Stunts	George B. Colucci Jr.,Blaise Corrigan,Peter Epstein,Chris J. Fanguy,Steven A. Guerrero,Victor Paguia,Thomas Place,Jodi Michelle Pynn
Camera and Electrical Department	Haffe Acosta,Tristan Allen,Tim Arasheben,Travis Barnhart,Art Bartels,Gerard Bartley,Tyler Bastianson,Jean-Paul Bernard,Tom Boyd,Sidney Brisco,Sharelle Brown,Victor Brunette,Jaap Buitendijk,Vincent Camuto Jr.,Patrick Capone,Ryan Chamberlain,Ross Citrin,Justin Cooley,Larry Cottrill,Rene Crusto,Andy Day,Gregg de Domenico,Erik A. Erichsen,Chris Fisher,Dan Furst,John Gatland,Tonja Greenfield,Ted Gregg,Shane E. Gros,Steven A. Guerrero,Kris Hardy,John C. Hoffler Jr.,Zachary Holmes,Ignacio’,Renaldo Jackson,Lonnie Kahoe,Samuel Kemp,Chris Lombardozzi,Kevin Lowry,Kiya Maggio,Daniel James McCabe,Michael C. McCullough II,Dan McKee,Josh Medak,Matthew Mendelson,Markus Mentzer,Blaise Miller,Dayton Nietert,Ian O’Neill,Jesse Olivares,Brad Oltmann,Max Patrucco,Lewis ‘Duck’ Pieratt,Vincent Pierce,Jonathan Plaeger,Jesse Rushton,Adam Sudtell,Bryan Toye,Steven J. Winslow,Louis Zlotowicz
Casting Department	Ranjani Brow,Christina Colucci,Tyler Fahringer,Charlotte Gale,Theresa Hernandez,Ashley Lambert,Meagan Lewis,Jordana Sapiurka,Seannon Stracener
Costume and Wardrobe Department	Lawrence Bell,Mignon Charvet,Megan Coates,Meghan Cornay,Maura ‘Maude’ Cusick,Minh Dang,Michelle M. Hebert,Shannon Jantz,Lisa Quercioli,Mustapha Mimis,Rachael Ohman,Jill Paz,Elaine Perlmann,Keishla Rivera-Estrada,Natasha Romanow,Lucia Shapiro,Emma Taylor Summerhayes,Jen Wasson,Beverley Woods
Editorial Department	Liza D. Espinas,Dylan Firshein,Vanessa Galvez,Kimberly Huston,Joel McWilliams,Stacy Moon,Stephen Nakamura,Ken O’Keefe,Caitlin Atherton,Roland Eisinger,Dustin Frost,Tracy Jemison,Thomas Kuo
Location Management	Les Arceneaux,Molly Cornyn,David Ferdig,Ryan Ferguson,David Fields,Brady Flynn,Charlie French,Heather Hayward,Michael Kriaris,Lisa Latter,Chad Peterson,Matthew Prisk,Leonard Reynolds,Win Riley,Marc Del Santro,Joshua Stevens,Jeremy Edward Williamson
Music Department	Alex Acuna,Nicholas Britell,John Cranfield,John Finklea,Dan Fornero,Scott Healy,Steve Holtman,Paul Jackson Jr.,Wayne Kramer,Nick Lane,Trevor Lawrence Jr.,Bob Leatherbarrow,Eric Marienthal,Ray Montiero,Joel C. Peskin,Iman Rahimi,Peter Rotter,Thomas Vicari,Freddie Washington,Booker White,Scott Wittenberg,Christopher Anderson-Bazzoli,George Doering,Natalie Hayden,Kim Seiniger
Script and Continuity Department	Cate Hardman
Transportation Department	Charley Bob Burnham,Fallon Johnson,Tom Moore,Roger Wooge,Christy Zeller
Additional Crew	Alex Aaron,Kd Amond,Rachel Andrew,Colleen Cavanaugh Anthony,Chandler Barbee,Stacey Barber,Henry Bauer IV,Chelsea Bayles,Nicole Beaudoin,Zachary Belgard,Andy Benavides,Dustin Bewley,Chloe Noel Birkenmeyer,Russell Blanchard,Karessa Bowens,Mike Brant,Francie Brown,Jennifer Brown,T.J. Bryson,Johnny Callaway,Robert Carey,Jessica Chamberlin,Morgan Clay,Emily Dahm,Trang Dang,Adam Davidson,Philip DeVay,David Farr,Hazen S. Finnerty Jr.,Lindsey Fredieu,Jeff Galpin,Ed Gately,Billy Holman,Jamie Horwitz,Jordan Jackson,Anthony Keating,Nazia Khan,John Lavis,Cary Lee,Dustin Lyle,Kevin Maier,Jordan Mann,Marybeth Martin-Eck,Jonas C. Matz,Nicki McCain,Donnie McCormick,Peter McGrew,David Midgen,Taylor Newman,Christina Oh,Scott Oliveira,Lindsey M. Page,Jennifer Painter,Joshua Passons,Eric Price,Christopher L. Robertson,John Sanchez,Samantha Sarakanti,Bryan Schnitzer,Ben Schoen,Kevin Shih,Rory D. Smith,Joanna Spears,Spooky Stevens,William H. Stewart Sr.,Anna Swando,Sophia Tapia,John Teal Jr.,Daryl Thibodaux,Michael Torhan,Jodi Tripi,Mark Van Horne,Stephen Daniel Wayne,Nicole Williams,Aaron V. Williamson,Caitlin Winiarski,Jon Wood,Tauren Wrate,Daniel Armella,Jessie Coblentz,Laura Norton,Aliena Remborn
Genres	Biography, Comedy, Drama
Companies	Paramount Pictures, New Regency Productions, Plan B Entertainment
Countries	USA
Languages	English
ContentRating	R
ImDbRating	7.8
ImDbRatingVotes	426045
MetacriticRating	81
Keywords	mortgage,finance,bank,banking,short selling