The big short and the long con

A short con or small con is a fast swindle which takes just minutes. It typically aims to rob the victim of everything in his wallet. A long con or big con (also, chiefly British English: long game) is a scam that unfolds over several days or weeks and involves a team of swindlers, as well as props, sets, extras, costumes, and scripted lines. It aims to rob the victim of huge sums of money or valuable things, often by getting him or her to empty out banking accounts and borrow from family.

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John Paulson, the hedge fund manager who reaped billions from the infamous Big Short” against the subprime housing market and the American financial system, is now increasing his bet on their.

The long con refers to any of a variety of cons which require more planning, preparation, a longer window of interaction with the con’s target, the mark, and a longer period of time to execute. The long con may also require a large crew or a larger number of involved people to pull off the deception needed to relieve the mark of their cash or other valuables.

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To a Machiavellian, if you fell for the scam you deserved it. Both the long con and short con were necessary to accomplish this scheme. The long con set the trap, then the short con sprang the trap. Here’s how: The long con involved (a) printing deceptive business cards; (b) making calls to various authorities on the base,

This adaptation of Michael lewis’ nonfiction book The Big Short explores the 2008 financial crisis through the lens of four unorthodox moneymen, who foresaw the consequences of the fraudulent mortgage-lending practices of large banks on Wall Street. christian bale plays michael Burry, a former hedge-fund manager who was one of the first to forecast the collapse of the credit bubble due to.

A ‘short con’ involves taking the pigeon for all the money he has on his person, while the ‘big con’ sends him home to get more. All con games employ the victim’s greed as a lever. In all of them the mark is induced to participate in an extralegal money-making machine that requires and investment.