Michael Lewis

Banks will take some haircuts, but we're going to take all these loans off your balance sheets, and we're going to make all the banks stable.

And it calms it all down.

The effect of this is to infuriate both the left wing and the right wing.

So this is where we're getting to why you need to know that now.

You can draw a direct line from that event to Donald Trump.

You can draw a direct line from that event to AOC.

If you've heard of Steve Bannon or Elizabeth Warren, their careers were actually created by this event, their political careers, on either side of the political spectrum.

But what happens is one side becomes the Tea Party, is infuriated that the government has walked in to save these Wall Street jerks from the mistakes they made.

And it's a populist, both sides are populist movements.

But the correct idea they had is that like, well, we in America live by capitalism.

And we all suffer when we make stupid business decisions.

How come the richest people who went to the best schools who made the most stupid decisions, why are their banks get propped up and they still get bonuses?

This pissed off people just enormously and rightly so.

And that anger was never slaked.

The anger that, that anger is, you see American political life now and you kind of wonder why is everybody so angry?

They say they're angry at different things.

It starts there.

So that's a really good question.

And when I watched what Adam did with the movie, quick answer is, the movie is five years after the book.

The book comes out in 2010.