Being a business student for the last week has been really interesting. With all the recent takeovers or bankruptcies of banks my professors have all been ranting and raving about the economy, the subprime mortgages, and now congress’ bailout attempt.
The whole issue is a very messy, complex issue that we are going to have to drag ourselves out of over the next couple years. In the mean time I’ve found this presentation that describes the subprime mortgage issue in a humorous and simple manner. Its slightly watered down, but it helps people at least understand how everything started.
Enjoy!
Comment (1)
This should clear up any questions.