Watch the video and do the tasks focusing on listening and vocabulary skills.

Dr.Michael Burry talks Big Investment Banks on Wall-street into creating and selling Credit Default Swaps on Mortgage Backed Bonds to him in 2005. He was the first person to do so and later other investors and investment banks would use his idea to structure various derivatives on American housing market.

The Big Short - Investing

the-big-short-investing

Let's do English ESL basic listening: focus on hearing. Watch the video and do the tasks focusing on listening and vocabulary skills.