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Help! Discuss the actions of Dr. Michael Burry and his firm, Scion Asset Management, prior to the 2009 financial crisis. a. How did Dr. Burry

Help! Discuss the actions of Dr. Michael Burry and his firm, Scion Asset Management, prior to the 2009 financial crisis. a. How did Dr. Burry take advantage of the situation with mortgage-backed securities in the early 2000's? Explain what was happening in the mortgage market at that time. b. What institutions should have been reviewing the information that Dr. Burry found? Do you think they were reviewing the information? Why or why not? c. What information asymmetries do you believe applied to the mortgage-backed securities (MBS) in the time period leading up to the 2009 financial crisis? Explain.

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