A reader has kindly sent me a YouTube link to a recent British television sketch featuring two masters of satire, John Bird and John Fortune. It takes the form of a mock-interview, with Bird playing the all-wise investment banker, and explaining to Fortune how subprime happened, and what a SIV might be. Not only is it very funny, but also (as always with their work), well researched. It lasts around 9 minutes.
3 thoughts on “A satirical look at the subprime debacle”
Leave a Comment
You must be logged in to post a comment.
Thanks for the link to Bird and Fortune… it all makes sense now!
A simple guide to the credit crisis
The New York Times has an excellent feature today that aims to explain how ‘US sub-prime mortgages could take out the whole global financial system’. I know that many readers found the Bird/Fortune video on the subject very useful last…
A simple guide to the credit crisis
The New York Times has an excellent feature today that aims to explain how ‘US sub-prime mortgages could