Oscars : The Big Short wins best adapted screenplay

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The Big Short, directed by Adam McKay, has been awarded best adapted screenplay at the 88th Academy Awards.

The movie, starring a number of stars such as Brad Pitt, Ryan Gosling, Christian Bale and Steve Carell, is based on a screenplay derived from Michael Lewis’ 2010 novel The Big Short: Inside the Doomsday Machine.

Four outsiders to Wall Street use what are sometimes perceived as eccentric insights into the US financial markets to predict the meltdowns of the housing market and big banks in 2008.

Betting together on the coming catastrophe, the quartet manages to invest shrewdly and amass a fortune, all while exposing the corruption of several large financial institutions.

Read InvestmentEurope’s review of the Big Short : http://www.investmenteurope.net/other/the-big-short-review/