I'm still looking for the presentation that takes us step-by-step through the expected consequences of not committing $700 billion of our money.
[You can enlarge it to read it easier by clicking the + button on the top.]
Thursday, October 02, 2008
Subprime Primer
This presentation was sent to me by a professor friend. He didn't know its origins - so I'll just say thanks to whoever put it together. It's the clearest explanation of how we got here that I've seen. It matches well with the story I heard from another friend who was on a grand jury on subprime lenders in the US Southwest. The red ink was added for use in classes.
I'm still looking for the presentation that takes us step-by-step through the expected consequences of not committing $700 billion of our money.
[You can enlarge it to read it easier by clicking the + button on the top.]
I'm still looking for the presentation that takes us step-by-step through the expected consequences of not committing $700 billion of our money.
[You can enlarge it to read it easier by clicking the + button on the top.]
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