The Short and Simple Story of the Credit Crisis

5 Responses to “The Short and Simple Story of the Credit Crisis”

1. Frankom
   March 3rd, 2009 @ 7:31 PM

   nice and easy

   thanks :)

2. AO
   March 3rd, 2009 @ 10:19 PM

   This video is very informative in an extremely facilitated manner. I guess now any of you, who disapprove of the numerous financial whiz kids that spawned everywhere in the last few years, can easily understand what went wrong and how the new and complicated financial instruments such as Collateralized Debt Obligations have ultimately led to the demise of the great bull run of the new millennium (or in other words, the excesses and greed of all people)
   Now, how anyone rationalize buying a house, mortgaging it and then hope against all hope that the ever-growing housing bubble continue to expand in order to pass it on to the next unsuspecting individual?

3. Mazouq
   March 3rd, 2009 @ 10:31 PM

   That is a very simple way of viewing it!

4. INxTP
   March 3rd, 2009 @ 10:52 PM

   @AO:

   Wow… couldn’t have said it better myself! :)

   But I have some reservations about the correlation between the number of CDOs issued and recent changes in interest rates within the developed economies. I think that we see a positive relationship between the two. What do u think?

   Will the demise of CDOs screw up repos and reverse repos? I am not sure if there is any relation between the two but their movements are suspect at best.

   I am sorry for the numerous questions but I cant wait for ur answer…

   Best regards

5. O.K.
   March 4th, 2009 @ 8:53 AM

   welcome khosh video

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