The one one the subprime mortgage fiasco?
Yep. Really good.
Mal ,'Out Of Gas'
Off-topic discussion. Wanna talk about corsets, duct tape, or physics? This is the place. Detailed discussion of any current-season TV must be whitefonted.
The one one the subprime mortgage fiasco?
Yep. Really good.
OMGSOCUTEANDHORRIFINGBUNNY: [link]
That's not a bunny, that's a tribble.
Yep. Really good.
For anyone else who's interested, you can get it here:
The Giant Pool of Money, Explained
By far the best explanation I've heard of the Housing Mortage/Credit Crisis is -- improbably -- a podcast from the motherlode of story-telling on NPR, This American Life. This podcast is a bit different from their usual slice-o-life stories in that they try to explain something extremely complex and abstract -- but in personal stories. The episode is called The Giant Pool of Money and it's worth at least an hour of your time on your next commute. Hearing the agents all along the "chain" of events describe what they thinking in their own words is about 100 times better than reading about it.
Actually, this was a joint production of This American Life and NPR News.
Poor over-fluffed bunny!
Two people have emailed me for gossip on (two different) places I used to work in the last hour.
Now I want to email you and ask what the other gossip is. (I think I know one)
(I think I know one)
What do you know? Hmm?
eta: I just emailed you what I know.
That bunny looks unnervingly like David St. Hubbins. And it's not just the hair.
I think someone forgot the fabric softener when they put the bunny in the dryer.
What do you know? Hmm?
I know what it's about, maybe, because of the postings I've seen recently. Unless there is something else you should email me about.
Hearing the agents all along the "chain" of events describe what they thinking in their own words is about 100 times better than reading about it.
What I find is so interesting is that I took a law school class on Banking Law in 2005 - back when all this stuff was cool. It's really interesting to hear it described with 3 years of hindsight. So many wrong assumptions and so on.