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sub-prime

Michael Lewis’ compelling expose of the runaway Wall Street machine that caused the credit crunch is both horrifying and fascinating.

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Goldman Sachs? In a murky deal? Involving sub-prime debt? And arrogant bankers? With it’s reputation? Please, pass me the smelling salts.

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Subprime silliness, nailed by two comedians back in 2007. (As opposed to being explained by the comedians who came up with sub-prime and were still defending it back then.) For non-UK readers, the chaps in the video are the always excellent Fortune and Bird, who often speak more the truth in their rambling obfuscations. MBEs [...]

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