Subprime crisis
 

I found this vid about the subprime mortgage crisis. You've proberbly already seen it, but I decided to post it anyway as it's pretty funny. For those who haven't been following the news this will proberbly be the most striking explanation of the crisis that you will get.

http://www.youtube.com/watch?v=SJ_qK4g6ntM

Re: Subprime crisis
 

http://www.scribd.com/doc/2190705/CD...ubPrime-Primer

this one is also fairly cool

Re: Subprime crisis
 

What is a 'Subprime'?

Re: Subprime crisis
 

The term "subprime" in mortgage lending refers to loans that do not meet Federal National Mortgage Association or Federal Home Loan Mortgage Corporation guidelines.

P.S. are you trolling ;(

Re: Subprime crisis
 

No I'm not.

1) I'm not American.
2) I've never had a mortgage.
3) I don't watch the news.
4) That is possibly the most boring topic in the history of the world.

Re: Subprime crisis
 

Possibly the worst biggest pyramid scandal. Anyone got anything bigger?

Re: Subprime crisis
 

ASG they've used it here, it's kind of like a way of spinning the lending problems I think. It pretty much means crap

Re: Subprime crisis
 

I watched this video last night. Thanks for the link.