YouTube home Comedy Week on YouTube
Upload

Subprime crisis explanation by The Long Johns

Paulo Sousa Paulo Sousa·72 videos
86
128,815
Like     Dislike 2

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to like Paulo Sousa's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to dislike Paulo Sousa's video.

Sign in to YouTube

Sign in with your Google Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to add Paulo Sousa's video to your playlist.

Uploaded on Jan 18, 2008

Spirited explanation of the US banking crisis

Loading icon Loading...

Loading icon Loading...

Loading icon Loading...

The interactive transcript could not be loaded.

Loading icon Loading...

Loading icon Loading...

Ratings have been disabled for this video.
Rating is available when the video has been rented.
This feature is not available right now. Please try again later.

Top Comments

  • Hadyn98

    Um, sorry!?

    We shouldn't blame the banks because those people that should have been monitoring them weren't doing their jobs properly?

    Isn't that like saying criminals are not at fault if police don't catch them?

    How about: The banks should just behave in an ethical and moral way regardless of what laws govern them.

    1) Stop passing the buck

    2) Don't try tell me that these CEO's + upper management didn't know what was going on, nor the possible disasterous repercussions.

    · 12

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Hadyn98's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Hadyn98's comment.
    in reply to moonmusical (Show the comment)
  • zenmastermatt

    Incorrect. there was plenty of predatory lending going on, in fact, it's all well documented, five minutes on google and you'll have it all at your fingertips. Fact is, the major financial institutions have gone to great lengths over the last 15, and long term, last 50 years, to hide and make obscure an already complicated set of processes. They do it on purpose to lure those stupid borrowers, off of whome they can make easy money....until it all falls apart, that is, and everyone is fucked.

    · 12

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate zenmastermatt's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate zenmastermatt's comment.
    in reply to ltroper (Show the comment)

All Comments (30)

Sign in now to post a comment!
  • Matěj Pilát

    Comment on 2 - usually, they didn't - system was created, where noone really knew, what is in the packages being sold (it was fashion to trade with them and trust issuing bank/rating agencies) + everyone believed, that prices of immovables are always going to rise. Everyone was enjoying how well it goes and they believed, that there are going to be no problems.

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Matěj Pilát's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Matěj Pilát's comment.
    in reply to Hadyn98 (Show the comment)
  • johnsmithbsc

    I like the way the audience sound like they're at a pantomime - lots of 'ooooooooh's!

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate johnsmithbsc's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate johnsmithbsc's comment.
  • reemanwells37f

    This vid went viral on Russia

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate reemanwells37f's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate reemanwells37f's comment.
  • lopezjackie515

    This video went viral on Armenia

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate lopezjackie515's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate lopezjackie515's comment.
  • donmeswimee

    Hahahahaha

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate donmeswimee's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate donmeswimee's comment.
  • DJNaydee

    English humor is always classic

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate DJNaydee's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate DJNaydee's comment.
  • Joe Massey

    sleeping with my long johns on

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Joe Massey's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Joe Massey's comment.
  • LTChu

    Quite true uranrising, I misspoke. They not only bailed them out, they also allowed them to profit on the trillions in CDS bets they made on a collapse that built by their own fraud.

    By self correction I only mean that the whole idiocy is now open to us all to inspect and respond to as we can. It is not clear to me though that our legislators or regulators are up to understanding it properly, much less doing anything sensible to avert such events in the future.

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate LTChu's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate LTChu's comment.
    in reply to Randolph Jones (Show the comment)
  • Randolph Jones

    The market did not self-correct.

    Governments bailed out the banking system.

    ·

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Randolph Jones's comment.

    Sign in to YouTube

    Sign in with your YouTube Account (YouTube, Google+, Gmail, Orkut, Picasa, or Chrome) to rate Randolph Jones's comment.
    in reply to LTChu (Show the comment)
  • Loading comment...
Loading...
Loading...
Working...
Sign in to add this to Watch Later