My dear friend Mohit sent me this incredible presentation on Subprime.
And then this absolutely hilarious explanation:
Subprime In A Lighter Vein
Related Posts
Podcast: The PMC Bank Debacle (Episode-10)
Host Shray Chandra (Director) and Deepak Shenoy (CEO) discuss in detail about the troubles at the Punjab and Maharashtra Cooperative (PMC) Bank, the ...
Markets Have Recovered – Is It Happy Times Again?
Prediction is hard, especially when it’s about the future - Anonymous We are told that prediction is bad and one shouldn’t try to time the market. Time in ...
India has the world's highest fuel cost, relative to income, from high taxes
Bloomberg has an interesting piece about fuel prices around the world: India has one of the highest costs of petrol in the world in terms of affordability. The ...
>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.