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Rupert Murdoch

'The Big Short' and Bernie's plan to bust up Wall Street

'The Big Short' and Bernie's plan to bust up Wall Street

If you haven't yet seen "The Big Short" -- directed and co-written by Adam McKay, based on the nonfiction prize-winning book by Michael Lewis about the housing and credit bubble that triggered the Great Recession -- I recommend you do so.

Not only is the movie an enjoyable (if that's the right word) way to understand how the big banks screwed millions of Americans out of their homes, savings and jobs, and then got bailed out by taxpayers, but it's also a lesson in why they're on the way to doing all this again -- and how their political power continues to erode laws designed to prevent another crisis and to shield their executives from any accountability.

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