After 17 years in M&A, Derivatives and Trading, I'm spending my time with young entrepreneurs in and around financial technology and digital media.... Read more »

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February 24, 2008

Subprime Value Destruction in a Nutshell

I don't know if you've seen this, but a friend of mine from LA recently emailed it to me:

Download explanation_of_sub_prime_issue.pps

Every once in awhile you get something that says it all with a few pictures and words, and this pretty much encapsulates a host of complex issues without a whole lot of verbiage. Lots of culpability to go around, and this little slide show calls out the salient players. I hope you like it. I know I did.

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Comments

alanlevy

Roger,

I am laughing my ass off!!.

Your newest subscriber.

Trebuchet

That was pretty funny. I sent it to my broker.

Bruce Albrecht

I laugh so much at the end. each time I see this. I have received it a few times from friends. Do you know the origin? Best regards Bruce

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