How SubPrime Really Works

Since its a slow Friday before a 3 day weekend, let's have some fun.

As the credit market has gone into the crapper over the past few weeks, gallows humor seems to have gotten the best of investors and traders. This hysterical piece of financial wit -- in Powerpoint no less -- has been circulating round Wall Street trading desks for a few days now.

I embedded it into Google apps and posted it on line so everyone can enjoy the warped sense of humor that accompanies losing $100s of billions of dollars.



Ain't Wall Street grand?!?

>





click to launch slide show

Friday, February 15, 2008 | 11:15 AM | Permalink | Comments (87) | TrackBack (2)

add to de.li.cious | digg this! | add to technorati | email this post

TrackBack TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341c52a953ef00e5504caf338833 Listed below are links to weblogs that reference How SubPrime Really Works: » The Subprime Shuffle from A Second Hand Conjecture

Courtesy of Barry Ritholtz, we get a look at some black humor being passed around on the trading desks of Wall Street: Go here to see the whole slideshow. I would have more humor about this if I didnt just get some bad news. My new house has a ... [Read More] Tracked on Feb 15, 2008 4:47:57 PM » How SubPrime Really Works from www.buzzflash.net

Fluctuations, My Good Man...a guide to the sub-prime mortgage crisis in slide show form. Don’t balk at the fact there are 45 slides. It’s worth it. Via Jim Henley. [Read More] Tracked on Feb 17, 2008 4:27:55 PM

Comments

Absolutely Brilliant!

Posted by: cinefoz | Feb 15, 2008 11:25:09 AM