Understanding the Subprime Crisis

A few days back, I asked some of my Twitter friends to share some good resources for understanding the subprime crisis and global credit crunch. Wise Kwai suggested The Subprime Primer, a 45-slide presentation using (profanity-spewing) stick figures to illustrate the meltdown. I suggest giving it a read (but be mindful that it’s — obviously […]

Subprime, the Credit Crisis, and Naked Short Selling

For an in-depth explanation of the subprime crisis — which has now, of course, led to the current chaos involving mortgage-backed securities — look no further than “The Giant Pool of Money.” That’s the name of a special, hour-long episode produced by This American Life and NPR News. The show aired back in May and […]