The Short and Simple Story of the Credit Crisis.
By Jonathan Jarvis.
Crisisofcredit.com
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of ...
The Short and Simple Story of the Credit Crisis.
By Jonathan Jarvis.
Crisisofcredit.com
The goal of giving form to a complex situation like the credit crisis is to quickly supply the essence of the situation to those unfamiliar and uninitiated. This project was completed as part of my thesis work in the Media Design Program, a graduate studio at the Art Center College of Design in Pasadena, California.
For more on my broader thesis work exploring the use of new media to make sense of a increasingly complex world, visit jonathanjarvis.com
Or email me at jonathan.jarvis@gmail.com
Support the project! Buy a T-Shirt! cafepress.com/crisisofcredit
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even i want to know this answer , suppose investors bought all the fractions for 120000$ (40000$ multiplied by 3) , then how is he going to earn profit ??
can he increase the interest rate for the mortgage ??
BANK OF AMERICA IS THE MOST CORRUPT BANK IN THE COUNTRY!. Bank of America harassed me, ruined my credit, charged me over $800 in fees over a 10 day period, tried to humiliate me, and never stopped calling my house- all because of $50 overdraft!! In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!
hi, this might sound like a stupid question but did all this result from the deregulation of the banking system? because if there were regulations on banks from the state, couldnt the state have stopped the banks from giving loans to the sub-prime market?
If the government wouldn't of expanded the Community Rienvestment Act (which was the primary pump) the severity of the problem wouldn't of been as damaging. Nothing along these lines should of ever been considered.
so if banks had to pay 1 percent why do i have to pay 20 and not even counting credit card shouldnt someone blow up these traitorus banks then? how am i wrong didnt they commit treason?
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can he increase the interest rate for the mortgage ??
In one day I was charged over $250 in overdraft fees because of a company that took advantage of my bank account- BofA charges more fees than any bank in the World!