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Aussie comedy duo explain subprime meltdown.......

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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 04:46 PM
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Aussie comedy duo explain subprime meltdown.......
from boing boing.....enjoy

http://www.abc.net.au/australiawide/stories/2008/200803/s2190009.htm
Clarke and Dawe: the comic duo you can bank on - AustraliaWide - ABC
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1monster Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 04:53 PM
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1. good explanation! ;:oD
k & r
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2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-21-08 04:58 PM
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2. another group someone posted and it is truly funny
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=3036917&mesg_id=3036917
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Angela Shelley Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-22-08 06:41 AM
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3. Thanks for the "true" laugh!
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Hunter Muir Donating Member (7 posts) Send PM | Profile | Ignore Sat Mar-22-08 08:01 AM
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4. It's no laughing matter.
The crisis experienced in the financial markets precipitated by the subprime mortgage meltdown is the fault of deregulation; and there’s worse to come. (Wait until you see the bank failures - and not just a few of them.) If the FDIC, FSLIC, HUD and FTC had done a proper job of regulating the banks and mortgage lenders, and if the SEC had exercised proper oversight of the sale of these mortgage- backed securities, we wouldn’t be in this mess. Indeed, we may all soon be looking to the Department of Labor for relief.
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