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3 months ago
Mike Tyson vs Tommy Morrison
presenting two of the greatest punchers in the history of boxing.
Jonchess
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3 months ago
S2. Securitization, CDOs and the Sub-Prime Crisis
The volume of issue of CDOs and the corresponding ability of banks to issue mortgages had a significant impact on the quantity of mortgages that co...
Jonchess
commented:
This surely is the underlying cause of all the current debt crisis.
Mutton securities dressed up as lamb(apologies for vegeterians out there for the analogy). In Europe this is happening again under the noses of everybody.
The euro itself is a veneer under which sub-prime assets (dodgy government...
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There's quite a few "tankers" in some of these clips.