In retrospect, this cartoon which I found on Digg, pretty much sums it all up without the financial mumbo-jumbo:
Tuesday, October 28, 2008
The 7 Deadly Sins of the Financial Crisis
I taught a Sunday school class about the financial crisis last weekend. My presentation was packed with charts and included a crash course on mortgage-backed securities and credit default swaps (not our typical Sunday school fare, in case you were wondering.)
In retrospect, this cartoon which I found on Digg, pretty much sums it all up without the financial mumbo-jumbo:
In retrospect, this cartoon which I found on Digg, pretty much sums it all up without the financial mumbo-jumbo:
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