Sub Prime Mortgages: the cartoon
Posted on March 4th, 2008 by David Bannister
This PowerPoint cartoon has been doing the rounds for a few weeks in the US. It was drawn to my attention by a rather senior Brit banker, who describes it as “frighteningly accurate”.
Be warned: there is some robust language - as you might expect from bankers caught with their parts in a vice.
Filed under: Credit Crunch
