Sub prime crisis – an explanation in simple words

In: Interesting

5 Nov 2008

I came across this presentation about how the sub prime crisis was created. It shows how borrowers, mortgage agents, banks, investment banks, rating agencies and governments f**** up!

Very interesting. An explanation in very simple terms that everybody can understand.

View in full screen to read the text clearly.

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This is the blog of . An entrepreneur from Mumbai, India. I write about tech, science, history, cats, movies, politics, atheism, design, programming and myself!

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