The startled owner, hearing the commotion, did what he thought was only appropriate: he took out his gun and shot Price dead. His fatal error came when he tried to break into a house across the street. Two men were dead and two wounded when Price made his escape. By the time Odessa police detective Jerry Smith got there the place looked like something out of the Wild West, an old-fashioned shoot-out at the La Casita apartment complex with poker chips and cards and bullet holes all over the dining room. He barricaded himself behind a bookcase while the players he was trying to kill hid under the poker table. Price, apparently insulted by such a charge, went to the bathroom and then came out shooting with his thirty-eight. A year later, Odessa made national news again when someone made the fateful mistake of accusing an escaped convict from Alabama named Leamon Ray Price of cheating in a high-stakes poker game. Most agreed that was a pretty high number, but mention of gun control was as popular as a suggestion to change the Ten Commandments. Lastly, young investors Charlie Geller and Jamie Shipley learn about the upcoming crash and intend to make some money as well.Īs they look further into it and invest their money, they quickly become horrified by what these banks are doing and try to take it to the press before it’s too late, but the press’s bias and influence get in the way, and ultimately it isn’t reported on before the crash can happen.“In 1982, the thirty-seven murders that took place inside Ector County gave Odessa the distinction of having the highest murder rate in the country.

Along the way, he discovers a lot of other friends and partners are beginning to do the same, especially after investigations revealed mortgage brokers were making profits by selling their deals to Wall Street and creating the bubble that eventually burst. Second, executive banker Jared Vennett discovers and understands Burry’s analysis and decides to follow suit for profit. In the collapse, his proposal and efforts earned over two billion dollars in profits for everyone involved. Three separate but concurrent stories make up the movie as they all take place in the years leading up to the 2007 housing market crash.įirst, hedge fund manager Michael Burry discovers the housing market is unstable and decides to bet against, or short, market-based mortgages, allowing him to profit. It talks about how the 2007-2008 financial crisis was caused by the housing market crash.

Another comedy crime movie is The Big Short, based on The Big Short: Inside the Doomsday Machine by Michael Lewis.

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