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Crisis explainer

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Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us into this financial mess.

Channel: Education
Uploaded: December 31, 1969 at 6:59 pm
Author: AmericanPublicMedia

Length: 06:08
Rating: 4.89
Views: 41869

Tags: business  cdo  crisis  financial  Marketplace  money  

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Video Comments

ciaoidea (December 31, 1969 at 6:59 pm)
could the gcredit be the solution for crisis ? check the project on YouTube :) TNX 4 video explanation
nsn100001 (December 31, 1969 at 6:59 pm)
Nice video. Can someone explain why the "second manager" would create these securities? It seems that when the bubble bursts they lose 'their' money. Are they paid according to the money they bring to the bank?
rfvo (December 31, 1969 at 6:59 pm)
Cheers!! nice ending.
jove04 (December 31, 1969 at 6:59 pm)
Excellent material. Well explained. Please make one and name it "Solution Explorer". Does the bail out package solve the problem? What should be the best problem solver even if it is painful for all?
jannonymous (December 31, 1969 at 6:59 pm)
and why arent these investment managers losing their jobs and their shirts? why are they receiving bonuses that come from tax money???
upendedurn (December 31, 1969 at 6:59 pm)
Awesome. It's great to find a clear-cut explanation.
Guvnor33 (December 31, 1969 at 6:59 pm)
Thanks for making this. Great stuff!
realism18 (December 31, 1969 at 6:59 pm)
Thankyou so much for this explanation.Now I understand!:)
mokruxa (December 31, 1969 at 6:59 pm)
Why people stopped paying for the mortgage (from "first bottle" ) ?
t3hOutlaw (December 31, 1969 at 6:59 pm)
I bet he's a pro at pictionary.

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