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9/11/08

As this week has been one discussing finance, thought I'd share an insider's explanation.

As this week has been one discussing finance, thought I'd share an insider's explanation of our current national loan crisis.

This was sent to me by a close friend, and no, I'm not gonna tell ya any clues about who wrote it, I will only say: they are seriously on the inside and this is their take on why and how this disaster came about.

Now what you need to do is... page through it on the lower left of the screen. Actually do please take the time to read it, overcome your "oh there's stick figures and I get the joke that the industry is bad so I can leave this now." Because, really, even in the joking scenario, there is a lot of truth.
Sad.
http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true

Here is another article I ask you to read (sorry, did I mention that when you sign up you get homework? ; ) ): Why hasn't the mortgage meltdown burned these lenders? http://tinyurl.com/4jtguv

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