Revealing mistake: When the house is burning at some points we can see the flames inside the house are fake. If you look at the window you can see some of the flames are actually outside the house. The flames are just reflected in the window. (00:20:35)
Big Fish (2003)
1 revealing mistake
Directed by: Tim Burton
Starring: Ewan McGregor, Helena Bonham Carter, Jessica Lange, Billy Crudup, Albert Finney
Factual error: When Edward Bloom hits the winning shot in the basketball game, a three-point line is visible at his feet. The three-point line was not introduced until the 1970s in the newly formed ABA. It did not reach high school basketball gyms until the late 80s. (00:20:55)
Senior Ed Bloom: I've been nothin' but myself since the day I was born, and if you can't see that it's your failin', not mine.
Trivia: Helena Bonham Carter, who plays the grown up version of Jenny (from the town of Spectre), also plays the witch. She was at the time in a relationship with and eventually married director Tim Burton from 2001-2014.
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Chosen answer: Deregulation of the U. S. savings & loan industry in the early 1980's greatly reduced the restrictions on which federally-chartered S&Ls could invest their money. Since the depositors' money was insured by the federal government, the S&Ls had no incentives to minimize risk. This resulted in a major political scandal by the end of the decade, to the tune of hundreds of billions of dollars being lost through questionable investments, with taxpayers picking up the tab. Many of the most egregious violators were based in Sun Belt states, including Texas. The fashions do appear to be a bit out of date, however.