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Excellent Presentation, but I need a drink.
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Funny and a bit perverse the way banks use the term 'asset'. For ordinary people, assets are good, whereas in the banking world assets are almost always 'risky' assets they hope to get rid of from their balance sheets.
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"Close to 3,000 banks are currently classified as having a risky concentration of commercial real estate loans, according to a recent report by the Congressional Oversight Panel (COP). All of them are small to mid-sized banks, already weakened by the financial crisis....These are the same banks that provide loans to small businesses that create jobs and boost productivity." Says blacklistenews . com / news-7570-0-13-13--.html
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Thanks Paddy, great info and love watching your use of the whiteboard
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These videos are so educational. Thanks for making them.
2 years ago 3
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awesome ! - thanks !!!!!
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the load is not a asset the money is gone all the bank got was empty buildings
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Fantastic job as always Paddy! If I owned a college, a financial company, or if I could hire a personal investor for me, Paddy would be it. Cheers, mate. Fantastic job!
2 years ago 2
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this guys rules - he make things simple that whole CNN and money analyst try to confuse for layman.watch his other videos too - excellant teacher
2 years ago 3
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Its going to leave everyone badly needing a drink.
hiphopsocnroc 2 years ago 8
Paddy's pwns the UPS whiteboard guy! Keep up the awesome videos Paddy.
elpresidio 2 years ago 5