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'It's a time bomb': Ryan Gosling, Christian Bale, Brad Pitt and Steve Carrell play men who become rich off housing market during the Great Recession in The Big Short trailer

Published: 12:56 EST, 22 September 2015 | Updated: 13:38 EST, 22 September 2015

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Many are still recovering from the financial peril of the Great Recession from 2007 to 2010.

But there were a few key players that were actually able to use the economic meltdown to their advantage.

A star-studded trailer was released on Tuesday for The Big Short, which tells the true-to-life story of a few men that were able to make millions off the housing and credit bubble.

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Star-studded: Christian Bale leads a cast of A-listers in the trailer for The Big Short released on Tuesday

Dynamic duo: Ryan Gosling (left) and Steve Carrell (right) team up once again as they star as Steve Eisman and Greg Lippmann, respectively

That's not like you: Brad Pitt also stars as Ben Hockett in the true-to-life film

Christian Bale, Ryan Gosling, Brad Pitt and Steve Carrell all portray major players in the creation of the credit default swap market. which was used to their financial advantage while the rest of the country suffered.

The short clip begins with 41-year-old actor Bale's character, Michael Burry, on the phone in 2005 with a business partner as he says: 'I found something really interesting. The whole housing market is propped up on these bad loans, they will fail. It's a time bomb.'

No doubt his character is an eccentric individual as he is shown walking around barefoot in his office while bouncing a tennis ball and also air drumming with wooden drumsticks whole listening to headphones at his desk.

'It's a time bomb': The 41-year-old Bale opens the short clip as Michael Burry, who believes he has found something when he's delved deeper into researching bad housing loans

Eccentric: His character seems to be an interesting guy as he is shown airdrumming with sticks at his desk

Comfortable customer: It is also brought to the viewers attention that he walks around while barefoot in his office

'So Mike Burry who gets his haircut at Supercuts and doesn't wear shoes knows more than Alan Greenspan?,' to which Bale's character replies: 'Doctor Mike Burry and yes he does.'

Carrell, 53, is then shown as Steve Eisman as he says: 'You know what I'm pissed off. American people are getting screwed by the big banks and I'm getting madder and madder.

'Then this guy walks into my office and says,' continued Carrell before Gosling, 34, is shown and finishes: 'There's some shady stuff going down.'

Not happy: Carrell, aged 53, could be seen saying 'You know what I'm pissed off. American people are getting screwed by the big banks and I'm getting madder and madder'

Realisation: 34-year-old Gosling's main line in the trailer was: 'There's some shady stuff going down'

Grizzled: The 51-year-old Pitt looked different with longer hair, a greying beard and old school wire-frame spectacles

Pitt, 51, looked almost unrecognisable portraying Ben Hockett as his hair was longer than usual and worn down as he sported a grizzled beard and a pair of large, old school wireframe spectacles.

Carrell could be seen later in the trailer explaining their plan as he said: 'The banks got greedy and we could profit off of their stupidity.'

Several short cuts follow including Carrell giving a speech, gambling, Gosling (Greg Lippmann) kissing a $47million cheque, Bale playing the drums and all the big players during a meeting together.

The plan: Carrell has several big lines in the two-minute clip as he said: 'The banks got greedy and we could profit off of their stupidity'

He's got the beat: Bale could be seen playing the drums in one of the short scenes

The men also come up with a plan to target strippers as they have bad loans and are 'cash rich'.

Carrell meets with one of the dancers as he tells her she's not going to be able to refinance during a lap dance, to his surprise she says: 'I have five houses and a condo.'

Interesting plan: The men in the flick come up with a plan to target strippers as they have bad loans and are 'cash rich'

What a meeting: Carrell is shown getting a lap dance as he explains to the dancer that she's not going to be able to refinance

Big investment: To the his surprise the stripper says: 'I have five houses and a condo'

The film is based off the 2010 best-selling book by Michael Lewis, known for writing Moneyball and The Blindside, about the housing and credit bubble titled The Big Short: Inside The Doomsday Machine.

Their is not only A-list male talent in the film as actresses Melissa Leo, Marisa Tomei, Selena Gomez and Karen Gillan are also featured despite not appearing in the trailer.

Adam McKay, known for his work on Stepbrothers and the Anchorman films, is the director of the flick. The Big Short is set for a Christmas Day release in the US.