Saturday, February 28, 2009

anyone else still a little lost about the credit crisis?

me too.
which is why i found this video super helpful:

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.


Victor said...

Cool video. Now you should be able to give a seminar on the credit crisis.


Victor said...

I commented on this before seeing it. Now I've seen it. I thought it interesting that many of the people on his page are interested in how he did (as am I) instead of what he was saying. But I thought it was good. It was much clearer than what I wrote on the credit crisis. Visuals help. I never mentioned the home owners who voluntarily let go of their housing payments and I wrote more on the lack of the ability of rating agencies to properly rate CDO's (the video shows them not even rating the risky portion of them). I would have liked to see him talking about insurance companies (oh wait he did). Never mind. I think he did a great job.