Confused by the Crisis? Watch This
Barry Ritholtz's blog, "The Big Picture," features a video -- "The Crisis of Credit Visualized" -- that provides one of the single best explanations of today's market melt-down/credit crisis I've seen yet. (The video is also available on YouTube in two installments).
It identifies all the players and pieces, puts them in the right order, and gets the interactions right. Superb!
Friday, February 20, 2009
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