Several people have forwarded me this link, so I thought that I would share it with everyone. Basically, this PowerPoint presentation (complete with stick figures!) does a good job of explaining the mortgage mess in simple terms we can all understand. Let's just hope we do not let anything like this ever happen again. Here it is:
http://www.scribd.com/doc/2190705/CDO-Powerpoint-SubPrime-Primer
Subscribe to:
Post Comments (Atom)
1 comment:
Thank you very much for taking the time to post this presentation. It certainly helped me better understand this mess that we are in. Cuddos!
Post a Comment