The sub-prime crisis – explained Economics and public policy Humour Nicholas Gruen December 5, 2007December 5, 2007 Courtesy of Greg Mankiw Share this:EmailRedditFacebookTwitterLinkedIn
Makes a lot more sense than anything I’ve seen on Lateline Business.
Via Paul Krugman’s blog http://krugman.blogs.nytimes.com/2007/12/05/cdos-explained/
from Felix Salmon http://www.portfolio.com/interactive-features/2007/12/cdo
It was excellent Nicholas