U.S. Sen. Sherrod Brown uses 'The Big Short' to remind Congress how financial crash occurred

The Plain Dealer

WASHINGTON -- Avarice and gluttony are good -- if you want to stoke powerful anger and indignation. That's why U.S. Sen. Sherrod Brown is co-sponsoring a screening of the Oscar-contender "The Big Short" on Capitol Hill Wednesday.

The movie is based on Michael Lewis's nonfiction book about the people and tricks that brought the nation to the edge of a financial collapse in 2008. The machinations included credit default swaps, collateralized debt obligations and "shorts," or bets that make money on misfortune.

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U.S. Sen. Sherrod Brown uses 'The Big Short' to remind Congress how financial crash occurred »