SubPrime Primer

This is not for kids due to language, but it is a humorous and informative primer on what happened to initiate the global financial meltdown.

>> Warning: Adult language and themes <<

(Please note: I did not create the "SubPrime Primer" presentation, but would love to congratulate whoever did.)

If you want to learn about the next level down, one of the layers beneath the layers in the primer, here’s some reading on Credit Default Swaps (CDS), a derivative / arbitrage instrument that accelerated things rapidly down the slippery slope. And, no, CDS’s are not regulated, controlled, overseen, or monitored by anybody either.





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