Financial Crisis Explained

By now most of us already know the root cause of the Financial crisis which has gripped this world. The other day, i was explaining the cause of this crisis to a fellow colleague and how CDO’s or collateralized debt obligations have landed us into this trouble. Later, this video came as a add on to my explanation for this colleague of mine.

In this video, Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us into this financial mess.

Also read: Randy Pausch Last Lecture: Achieving Your Childhood Dreams

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4 Responses

  1. […] Pay Less Per Month wrote an interesting post today onHere’s a quick excerpt By now most of us already know the root cause of the Financial crisis which has gripped this world. The other day, i was explaining the cause of this crisis to a fellow colleague and how CDO’s or collateralized debt obligations have landed us into this trouble. Later, this video came as a add on to my explanation for this colleague of mine. In this video, Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us in […]

  2. Fantastic – what a good explanation. Everything on this website is a real gem. I am so glad I subscribe to you!

    (and follow you on twitter!) @vaibhav1981 for anyone else who wants to follow this genius blogger

  3. Thanks a lot Jo for your words. Am honored.

    Thanks and best regards
    Vabhav

  4. […] check out the other video posts, i had earlier posted about Financial Crisis Explained: Interesting video post which explains the genesis of the current financial […]

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