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
ACSian High Finance Comments: All That Money You've Lost - Where Did IT go?
With all the losses in the stock market, housing values, and just about everything else except what you owe, who is getting rich? This article claims that it has simply disappeared....
it is a little tough to swallow...
ACSian High Finance Comments: All That Money You've Lost - Where Did IT go?
it is a little tough to swallow...
ACSian High Finance Comments: All That Money You've Lost - Where Did IT go?
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