I had heard about this video a while back but I never had the time to watch. I finally got around to it and I must say it is brilliant. It explains the whole subprime mess in very simple English.
The more I look at this mess the more I see greedy investors and crafty businessmen at their finest! They knew what they were doing, I feel no sympathy for them at all. I feel sorry for the consumers losing their dreams and fellow workers without jobs.
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on Aug 13th, 2007 at 12:17 pm
[...] are we kidding here? The greed cycle started on Wall Street and it should end there. I may be doing home loans but I’m not the one setting the rates and [...]