A Humorous look at the Sub Prime Crisis

“The thing to remember is that these markets are run by very clever and sophisticated people…”

“It has some good words in it, like high.”

“Yes, high is a good word, better than low anyway.”

Very sharp commentary on the sub prime crisis. The scary thing is that there is very little exaggeration at all!
From: The Long Johns BBC.

Thanks to Financial Rounds for this clip



5 Responses to A Humorous look at the Sub Prime Crisis

  1. Katherine Peet September 25, 2008 at 4:47 am #

    I so agree that “the scary thing is that there is very little exaggeration at all!”

    Thanks so much for this.

    P.S. The website is for the organisation with which I am primarily coneected – for your perusal.

  2. Lin Ennis February 17, 2008 at 5:29 pm #

    It’s nice to see some making the subprime mortgage crisis funny…Adjustible Rate Mortgages + Ignorant Greedy Investors = Downturn for all.

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