Taken from a PowerPoint Slideshow with unknown authorship sent by one of our cohorts, it explains in a cartoon presentation what many of us have been trying to understand in simple terms - what the subprime mortgage market has, how it seems to work, and why it may be causing the disasters we are now seeing.
ACSian High Finance Comments: Financial Engineering: A Primer on SubPrime Mortgages
Sunday, October 12, 2008
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