Pictures are worth a 1000 news blurbs: The Credit Crisis
Click to make them readable, but definitely covers what everyone should know about CDO’s and sub-prime lending. Many thanks to Good.is and Jonathan Jarvis.

Click to make them readable, but definitely covers what everyone should know about CDO’s and sub-prime lending.
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Jon,
Thanks for sharing this. I would also recommend folks subscribe to http://www.nakedcapitalism.com for ongoing discussions of all things wonky in financial services/banking.