The Crisis of Credit - by Jonathan Jarvis

ACORN - America's Corrupt Organization Remove Now

Excellent video, but I have a question. He said many families paying for a house that was losing value just stop paying and left the houses for a cheaper one. How that can happen ?, I mean, they wouldn't have problems with credit score later to buy the next house or something else?. Is just that easy ?

Wow! I'm turning into someone whom is interested in economy!! :O

The most boring subject ever has completely transformed! :)

this documentary was very well executed. i went in knowing nothing and came out understanding mortages and credit loans. basically i think that investment bankers should group their cdo's into multiple tiny groups or packages or even sets of safe, ok and risky cdo's, classified by market trend and location and sell them to investors by bundle, with incentives of course. this way they pass off the "bomb" in bigger chunks leaving the "bomb" exponentially less lethal when it goes off -Marc Lamb

yeah. try telling that to fox, murdoch, or any other media giant.

ooh I thought it had more to do with Credit card loans:)

And no mention that all these government bailouts of the banks cause the rest of us to suffer for the greed and ignorance of these financial organizations.

The video implies that the credit crisis was a result of greed.

Amazing video! Really easy to understand!

i has seen teh light nao!