Previous
Porter Collins
Wing Chau is one of the guys on the long side of the bets that people like Steve Eisman, Vinny Daniel, Danny Moses, Mike Burry, Ben Hockett, Charlie Ledley, and Jamie Mai were shorting. Greg Lippman sets up a meeting between Chau and Eisman’s team, knowing that Eisman will think Chau is clueless and feel reassured about the deals he’s doing with Lippman. Though Chau seemed to find success before the crash, his pride and short-sightedness (emblematic of many in the subprime mortgage bond industry) ultimately lead to his downfall.
Wing Chau Quotes in The Big Short
The The Big Short quotes below are all either spoken by Wing Chau or refer to Wing Chau . For each quote, you can also see the other characters and themes related to it (each theme is indicated by its own dot and icon, like this one:
).
Chapter 6
Quotes
He’d graduated from the University of Rhode Island, earned a business degree at Babson College, and spent most of his career working sleepy jobs at sleepy life insurance companies—but all that was in the past. He was newly, obviously rich. “He had this smirk, like, I know better,” said Danny. Danny didn’t know Wing Chau, but when he heard that he was the end buyer of subprime CDOs, he knew exactly who he was: the sucker. “The truth is that I didn’t really want to talk to him,” said Danny, “because I didn’t want to scare him.”
Related Characters:
Related Symbols:
Related Themes:
Page Number and Citation:
Explanation and Analysis:
The trouble, as ever, was finding Wall Street firms willing to deal with them. Their one source of supply, Bear Stearns, suddenly seemed more interested in shooting than in trading with them. Every other firm treated them as a joke. Cornhole Capital. But here, in Las Vegas, luck found them.
Related Characters:
Related Themes:
Page Number and Citation:
Explanation and Analysis:
Get the entire The Big Short LitChart as a printable PDF.
Wing Chau Quotes in The Big Short
The The Big Short quotes below are all either spoken by Wing Chau or refer to Wing Chau . For each quote, you can also see the other characters and themes related to it (each theme is indicated by its own dot and icon, like this one:
).
Chapter 6
Quotes
He’d graduated from the University of Rhode Island, earned a business degree at Babson College, and spent most of his career working sleepy jobs at sleepy life insurance companies—but all that was in the past. He was newly, obviously rich. “He had this smirk, like, I know better,” said Danny. Danny didn’t know Wing Chau, but when he heard that he was the end buyer of subprime CDOs, he knew exactly who he was: the sucker. “The truth is that I didn’t really want to talk to him,” said Danny, “because I didn’t want to scare him.”
Related Characters:
Related Symbols:
Related Themes:
Page Number and Citation:
Explanation and Analysis:
The trouble, as ever, was finding Wall Street firms willing to deal with them. Their one source of supply, Bear Stearns, suddenly seemed more interested in shooting than in trading with them. Every other firm treated them as a joke. Cornhole Capital. But here, in Las Vegas, luck found them.
Related Characters:
Related Themes:
Page Number and Citation:
Explanation and Analysis:
