Here we have a little sketch found on Youtube from the South Bank show. Bird and Fortune do their usual interview style sketch, this time with the interviewee being an investment banker.
This actually goes a long way to explaining the realities of subprime lending in an easy to understand and rather amusing fashion for the layman.
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bird and fortune,
house price crash,
house prices,
investment bankers,
markets,
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This entry was posted on Saturday, October 20th, 2007 at 10:34 pm and is filed under Fantasy House Prices. You can follow any responses to this entry through the RSS 2.0 feed.
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November 27th, 2007 at 11:00 pm
[...] a result of the video I found on youtube describing the ’sub-prime’ concept, I’ve been getting a major influx of direct traffic. Examinations of the [...]