Why did they change character names in The Big Short?

Why did they change character names in The Big Short? - Stone with painted cartoon character

I have been studying this stack post: Did The Big Short movie change names or conflate characters?

It was a great movie, and after reading the book, I wondered why the name changes in the movie??

In the stack article mentioned above, it never directly answers the why, other than to hint that it was related to the real-life character's preference. So, why is it that the movie had to honor the characters requests but the book did not? I don't think the characters could sue the book author for using their real names as long as he wasn't being libelous. So is there a different standard for movies? Was the studio afraid of being sued? Could they have been sued? I know there is that silly disclaimer at the end of most movies that says that any similarities with actual people are purely coincidental...but when telling a true story, is that necessary, and is there fear of lawsuit? If so, why can the book keep the names the same?






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How much did Mark Baum make in The Big Short?

Long story short, because this is a long movie; the American economy collapsed, 5 trillion dollars was lost, eight million people lost their jobs, six million lost their homes, Jared Vennett made $47 million in commissions, Mark Baum's team made $1 billion and Michael Burry made $100 million for himself and $700 ...

How historically accurate is The Big Short?

The Big Short's screenplay is pretty faithful to Lewis's book in its sharpness, wit and tone, and focuses on the same characters even though most have been semi-fictionalised and renamed.

Is Steve Eisman Mark Baum?

In the movie adaptation of Lewis' book, The Big Short, Eisman's name was changed to Mark Baum, and was portrayed by actor Steve Carell. He left FrontPoint Partners in 2011 amid investor withdrawals following an investigation of illegal insider trading by portfolio manager Chip Skowron.

Is big short based on a true story?

The Big Short, based on a non-fiction book by Michael Lewis, chronicles the real lives and actions of several financial-industry professionals in the mid-2000s\u2014against the backdrop of the rise and then dramatic collapse of the real estate market.



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Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Erik Mclean, Marcelo Chagas, Hassan Ali, Kamaji Ogino