Mark Baum recognized the flaws in the system from "summary" of The Big Short by Michael Lewis
Mark Baum’s keen eye for detail and his relentless pursuit of the truth led him to a startling realization: the financial system was fundamentally flawed. As he delved deeper into the world of mortgage-backed securities, he uncovered a web of deception and greed that threatened to bring down the entire economy. Baum’s skepticism was fueled by his understanding of the intricacies of the financial markets. He saw through the glossy facade of Wall Street and recognized the inherent risks in the subprime mortgage market. While others turned a blind eye to the warning signs, Baum was determined to expose the truth, no matter the cost. His journey was marked by moments of frustration and disbelief as he encountered resistance from those who stood to profit from the status quo. Despite the o...
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