The Financial Crisis...Simplified

[soulcore]

Run time: 04:01 https://www.youtube.com/watch?v=IT2Wg7lVYAs   Posted on YouTube: September 29, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: October 02, 2008 By DU Member: soulcore Views on DU: 1098

 
"Hank (and Hank and Hank and Hank and Hank) give an extremely simplified account of how we got into such a terribly gigantic financial mess in America."

[Hydra]

1. I like the stick figure version better form earlier

But the more this is out there, the better :evilgrin:

[soulcore]

2. Really? I must have missed it! n/t

[petgoat]

6. Stick Figure Version

http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true

Tres' Elegant

[soulcore]

7. Hahaha, thanks! n/t

[Mr_Jefferson_24]

3. K&R. Fight your way through the first 30 seconds of...

...this slightly annoying character and listen to him -- he gives a pretty good summation of this mess.

[snot]

4. k&r'd - totally f-ing brilliant. nt

[soulcore]

5. Thanks for the recs, don't forget to kick it to!

I think it's extremely important that people understand the risks that were undertaken, how profits were made from mad assets, and the overall atmosphere of greed and unaccountability that got us into this situation to begin with.