Yashventures
Yash’s adventures with life, business and technology
Posts Tagged ‘sub prime crisis’
Sub prime crisis – an explanation in simple words
In: Interesting
5 Nov 2008I 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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