A Subprime Primer
6 comments so far
Leave a reply
-
Recent Posts
- Bondage in the Bond Age: A California View
- The Fragility of Economic Data
- Coercing Regulators to Create Fictitious Profits
- Mark-To-Market or Marching to Wall Street’s Drummer?
- European vs. U.S. Unemployment Explained
- Michael Perelman’s Peace Plan For Iraq
- Let’s Play Blame the Teacher
- Can You Believe it? David Dollar Tapped to Instruct China
- North Korea’s Real Crime
- My Therapeutic Rant on the Current Economic Madness
Archives
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- September 2005
economists
General
My Books
Blog at WordPress.com. | Theme Light by Stephen Reinhardt
d
[...] powerpoint explanation of the sub-prime [...]
I think that pretty much sums it up.
Even the graphics are about right.
[...] Economics, The Invention of Capitalism, The Perverse Economy. He maintains his own blog, and here he gives a Powerpoint presentation explaining the mechanics of subprime. Even I learnt a thing or [...]
I think the lcearest explanation of the REAL CAUSE of the mortgage crisis can been found here:
Eric Harrington – The Private Sector Caused the Crash!
It was not just sub prime mortgages that caused this problem.. It was a greedy coalition of Mortgage banks, investment banks, and rating agencies.
That address for the piece I just mentioned is:
http://conspireality.tv/2008/10/17/eric-harrington-fannie-and-freddie-did-not-cause-the-housing-bubble/