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sub prime

The Subprime Crisis Explained In Simple Terms

6 Comments Published November 9th, 2007 in Internet, Fixed Income

The sub-prime mortgage crisis continues unabated, taking down stocks, CEOs and anything else in its path. You would be forgiven to ask, what the heck is going on?

This short video from the UK provides a concise explanation:

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Recent Comments

  • PAUL MONTGOMERY : Glad I asked the question Babak - your link explains everything really well thanks. Was cumulative…
  • Babak : James, here’s today’s commentary on this from Rosenberg: Negative Interest Rates? That is indeed what occurred yesterday…
  • Babak : jerome, that’s an interesting take and I dare say it reveals more about your state…
  • Babak : oops, thanks for catching that Wayne…
  • wayne : The first column is the Thanksgiving week (not weekend), good luck….
  • jerome : Dollar carry trsde unwind, negative short T Bond interest rates, % from 200 day moving…
  • Dspurr624 : Supply and Demand moves prices, creates trends etc. If it were as easy as…

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