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Understanding the Banking Crisis (Part 1): "Too Big to Fail"

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Uploaded by on Nov 4, 2011

Ed McCartin, a former governor of the Chicago Mercantile Exchange, shares his experience of the financial services industry. This series of short lectures examines credit risks in the growing derivatives markets, mortgage-backed securities, how the Feds reluctance to regulate US banks and zero interest rate policy affects working Americans.

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  • Assets means loans means the ability to issue loans, whether of "value" or not.

  • LMAO... after they adjusted the light so you could see his face, all I could think was:

    IT'S THE FUCKIN CATALINA WINE MIXER

  • The Government is just as much to blame as big banks. Don't understand why people won't admit it.

  • In fact is really well explained, even for the non english spoken people. Just enhance a bit the slides to get a more graphic idea and will be perfect!

  • @xthisangelfellx You are an example of why nobody can make an informed decision and yet feels that they have an opinion.

  • boring. boring. boring. i'd watch this video, but i can't stay awake.

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