Nov
14
How to Visualize the Financial Crisis
November 14, 2008 | Leave a Comment
Mint.com has created a diagram of the financial sub-prime crisis. Head on over and take a look. As far as I can tell, it's accurate based on the sources I've read so far. I've been trying to explain this to friends, family and co-workers and this chart makes it much easier.
I think this recent round [...]
Feb
25
Subprime Mortgage Fiasco: An Explanation
February 25, 2008 | 2 Comments
You hear it every time a new scandal erupts. People think that Wall Street is becoming more evil, corrupt, etc. Well if you've read Benjamin Graham's Intelligent Investor, you know financial scandals are nothing new.
If you've had a hard time following the financial drama known as The Subprime Mortgage Crisis (you know it's [...]