This is the clearest explanation of AIG's credit default swap mess That I have ever seen. In less than two minutes, you can learn how AIG produced a multi-trillion dollar housing bubble and killed the goose that laid the golden egg.
That's my story and I'm sticking to it.
Life and Times of an itinerant slacker in Sacramento. Thrills, Spills Galore coming soon. Not to mention lots of opinions.
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Wednesday, March 11, 2009
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About Me
- Steve
- I must enjoy shouting into a vacuum, but I think about getting my act together one of these days. My mom says I am very handsome and intelligent.
Blog Archive
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2009
(189)
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March
(10)
- Our Desert Trip; Part 2
- Our Desert Trip; Part 1
- Another From xkcd
- A Yellow Shafted Afternoon
- Credit Default Swaps Explained (In Under Two Minutes)
- The Class Warfare Has Started - It's Official!
- Too Sweet Not To Share
- My Big Fat Gay Quaker Wedding
- Bloody Vikings and Their Financial Collapse; Spam,...
- Time to Shoot the Recession
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March
(10)
More Interesting Joints
- European-American Blog
- Sacramento Recorder Society
- Schola Cantorum
- Life in a Wisconsin Basement Apartment
- Wil Effin Wesley Crusher Wheaton
- Simple Living Network
- Ironic Times
- Mt St Helens Volcano Cam
- Anarchists in Santa suits
- Nina paley wants you to just say no to xmas
- All about Old Irish Sayings from Literature
- Islamic Fatwas for Daily Life
- Subterranean Homesick Blues
- Eyes Wide Open
- Sacramento Concert Band
- Crap Jobs of the U K
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