Now, it is helpful to learn a little about derivatives. Derivatives are basically a contract between two parties. The price of the derivative is determined based off of the value of the asset, which are most commonly stocks, and commodities. A couple of sites that I found helpful with explaining derivatives are listed below.
Some things that I found interesting in this film were how the banks received good ratings, but then they ended up going bankrupt only days later. So the ratings must not mean anything, the rating companies just wanted to make the most money that they could. Another thing that surprised me in the film was how the FBI warned of an epidemic of mortgage fraud, but nothing was done about it.
This film showed me that the government needs to stop being influenced by the money they get from Wall Street and they need to put the care of the country before how much money they can put in their pockets.