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Unread 30 Mar 2008, 14:49   #1
Alessio
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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
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Unread 31 Mar 2008, 00:41   #2
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Re: Subprime crisis

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

this one is also fairly cool
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Unread 31 Mar 2008, 13:35   #3
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Re: Subprime crisis

What is a 'Subprime'?
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Unread 31 Mar 2008, 14:44   #4
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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 ;(
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Unread 31 Mar 2008, 15:00   #5
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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.
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Unread 31 Mar 2008, 16:02   #6
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Re: Subprime crisis

Possibly the worst biggest pyramid scandal. Anyone got anything bigger?
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Unread 31 Mar 2008, 18:30   #7
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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
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Unread 2 Apr 2008, 12:01   #8
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Re: Subprime crisis

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