UPDATED 14 Jan 2015 (*)
Ryan Gosling teams with Pitt and Bale for the adaption of The Big Short, produced by Paramount.
THR has just reported the news:
Variety reports the exclusive news as confirmed.
The movie is based on the book The Big Short: Inside the Doomsday Machine by Michael Lewis:
|The Book by M. Lewis|
and describes several of the key players in the creation of the credit default swap market that sought to bet against the collateralized debt obligation (CDO) bubble and thus ended up profiting from the financial crisis of 2007–2010. The book also highlights the eccentric nature of the type of person who bets against the market or goes against the grain.
The work follows people who believed the bubble was going to burst, like Meredith Whitney, who predicted the demise of Citigroup and Bear Stearns; Steve Eisman, an outspoken hedge fund manager; Greg Lippmann, a Deutsche Bank trader; Eugene Xu, a quantitative analyst who created the first CDO market by matching buyers and sellers; the founders of Cornwall Capital, who started a hedge fund in their garage with $110,000 and built it into $120 million when the market crashed; and Dr. Michael Burry, an ex-neurologist who created Scion Capital despite suffering from blindness in one eye and Asperger's syndrome (source: Wikipedia).
|Director Adam McKay|
The movie is produced by Paramount Pictures (Indiana Jones, Star Trek, The Godfather among others) and Brad Pitt's Plan B Entertainment, founded by Pitt in 2002 with Brad Grey and Jennifer Aniston. Plan B produced many movies like A mighty Heart, Eat Pray Love, The Tree of Life, 12 years a slave and Selma (out now).