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.
Tags: bird and fortune, house price crash, house prices, investment bankers, markets, subprime, video
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[...] 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 [...]