EV_Ares
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Wed Jan-23-08 01:34 PM
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British Comedians Nail The Subprime Crisis |
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Edited on Wed Jan-23-08 01:35 PM by EV_Ares
Here is the best explanation of the subprime mortgage crisis, and the markets in general, that I've seen. http://www.youtube.com/watch?v=SJ_qK4g6ntM
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ayeshahaqqiqa
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Wed Jan-23-08 01:46 PM
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Lone_Star_Dem
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Wed Jan-23-08 01:50 PM
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I loved the part about how the subprime loans get packaged together and sold on Wall Street.
"Then somehow, and it's really extraordinary how it happens really. This package of dodgy debts stops being a package of dodgy debts and starts being what we call in the investment world a structured investment vehicle."
Thanks for the laugh! that was great. :rofl:
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aquart
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Wed Jan-23-08 01:50 PM
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AlCzervik
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Wed Jan-23-08 01:51 PM
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Submariner
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Wed Jan-23-08 02:01 PM
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5. It should be required viewing for the CNBC Squawkbox crowd |
redqueen
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Wed Jan-23-08 02:03 PM
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6. It's really sad how gullible investors here are. |
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This was dealt with responsibly in Europe.
When years ago, I tried to describe the problem to friends who wanted in on the real estate game, they acted as if I had insulted their mothers.
:wtf:
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malaise
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Wed Jan-23-08 02:07 PM
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7. Bird and Fortune are the best |
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I watch them every week. I posted this here a while back.
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DU
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Tue May 07th 2024, 09:36 AM
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