My dear friend Mohit sent me this incredible presentation on Subprime.
And then this absolutely hilarious explanation:
Subprime In A Lighter Vein
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>This is great. Thanks to your friend for sharing it.
But sure we have been also hit hard by the subprime crisis. As they as the US is about to sneeze and we have already caught a cold on the Sensex:)
>I love both the video and slide 🙂 its amazing
>Wall Street Joke of the Day
[Calculated Risk]
“If you want to be in AAA, buy an Autoclub membership.”
Q: How do you get a BBB-rated bond when everything is turning to junk?
A: Buy an AAA-rated bond and wait.