Assignmetn

Watch the movie entitled "The Big Short"

Starring Christian Bale, Brad Pitt, Ryan Gosling, Steve Carell

(Google it-- to find the ways you can purchase online access, or use Red Box, Netflix, or other such options)

Then answer the questions below:

1. Watch the movie closely and briefly define the terms Credit Default Obligation and Credit Default Swap.

2. What is the "Big Short" or the Big Bet behind the Credit Default Swaps and how are the characters listed below related to the securities markets you have described above:

3. Michael Burry (played by Christian Bale)

4. Jared Vennett (played by Ryan Gosling)

5. Mark Baum (played by Steve Carell)

6. Finn Wittrock and Charles Ledley

7. Finally, who is the hero in this "documentary"

Watch the documentary movie: Before the Flood https://archive.org/details/youtube-90CkXVF-Q8M

Answer with a full paragraph for each of the 5 questions given below:

1. How is palm oil production in Indonesia related to the consumption of products in the United States economy, and what do multinational corporations' bottom line production choices (cited in the movie) have to do with Climate Change?

2. How does Sunita Narin (Center for Science and Environment in Delhi, India) characterize the role the United States is in leading the way toward low carbon urbanization in developing countries like India.

3. Gidon Eshel (Research Professor and Environmental Physicist at Bard College) reveals how U.S. consumers, as individuals, may instantly reduce their own personal carbon footprint. What is his suggestion? Why would it matter (in measurable impact)?

4. How many giga-factories does Elon Musk (Tesla Founder) believe it would take to power the entire planet's transportation and electricity needs (replacing 70 percent of carbon emissions with clean technology solutions) ? How big is Musk's solar and storage battery giga-factory, nearing completion this year?

5. Dr. Piers Sellers (Astronaut and Director of Earth Science at the National Aeronautics and Space Administration--NASA) demonstrates a computer graphics simulation of earth systems which utilizes real-time data from 20 orbiting satellites and trend projections.

Briefly summarize the findings that Dr. Sellers presents in this movie documentary.