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