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Bird and Fortune - Subprime Crisis
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Uploaded on Feb 14, 2008
John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.
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Top Comments
Albert Christian 2 years ago
In my humble opinion, the British comedians are the best!!
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IamNotaThreat 2 years ago
The subprime mortgage crisis is considered one of the greatest transfers of wealth in history. The people who had their homes foreclosed also lost their initial down payments, which ended up going into the pockets of the bankers. The "have nots" continue to become poorer while the elites continue to profit off the working man's burden.
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Video Responses
All Comments (547)
TheTrueabundance 2 months ago
the sad fact is though that many connected with the banking establishment in general see subprime mortgage borrowers as exactly that "unemployed black man sitting..."
I believe the audience were laughing a little in discomfort at the idiocy of such a comment. After all they put their hard earned wages into the hands of people who think like that (bankers) every pay day.
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TheTrueabundance 2 months ago
never a truer word spoken! did these guys have a crystal ball?
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princeamec2 2 months ago
the two men are the only british men i respect and adore in this life of mine.
they are my heroes and role model anyday. i think my respects to them can only be equaled with what i have for jesus.
it pains me so much to see them age. how i wished there is a cure for aging i bet i would give all i have to see them immortals.
their satires are highly researched, they communicate and entertain with some charms subtle in manner that can to me only be handled by professors in satires.
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Mark Cooper 2 months ago
...and that my friends, was Northern Rock in a nutshell...
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Diego Fernando Ospina Loaiza 2 months ago
"It's not us that will suffer... it's your pension fund". These guys accurately described the future before it became real :-( P.D: Greetings from Spain.
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Elvis Nonso 3 months ago
I am not attuned to racial division because it is something not entirely enormous in my community as a little boy downtown Sydney but the sound of 'unemployed black man sitting ....' is a bit demeaning to black identity even though it was a comedy. I strongly oppose the view on using 'black' as an identity for what is poor, wrong, crime and unworthy because this is surely not true and can't be said to be true amongst friends I have met in the UK from across the world who are blacks.
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Malcom Chamberlain 5 months ago
The credit flowed from equity loans and fueled a credit bubble, and Gordon Brown, George Bush loved it, let's increase the public sector and increase taxes on the responsible parts of the economy, so he (Gordon) could spend even more, well until it blew up in the dumb f**ks face!
Now the UK is left with huge debts, a broken economy and a vast bloated public sector that doesn't produce wealth and costs us a fortune to maintain.
The people whinge and whine if it's cut back.
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