Saturday, September 20, 2008

If you don't get what happened in the financial world..go to the link in this post

You can ignore the McCain slap.. that was added by some dweeb...

GO HERE

Just click in the image on the first page and you are off...

3 comments:

Anonymous said...

Youtube version here

SubPrime Mortgage Mess Explained (with voice)

Humorous & simple enough - even for me. .thanks :D

HRW

Anonymous said...

Wow! Fun and educational, too! I think I have that part nailed down now, (and I already knew about the "redlining" hoo-had that led to all those lousy mortgages being granted in the name of "social justice") and the insurance end of things is beoming clearer. So the insurers would have gone belly-up and there goes everyone's home/car/whatever insurance at which point the whole thing collapses like a house of cards, right?

I still have much to learn. (Be be warned that if anyone sends Yoda my way they will get him back in pieces packed into a neat little box.)

Anonymous said...

Humorous video on banking from Mary Poppins