Howdy, little cats. We all know for a while, that some humans needed big bags of cash to finance their easy wars. Now, however the game is made, so BBC editor Paddy Hirsch explains to the rest of the audience the usual phrases. So let’s see, what humans get to hear, how they had been robbed out.
CDO (6 min)
Crisis explainer: Uncorking CDOs from Marketplace on Vimeo.
CDS (10min)
Untangling credit default swaps from Marketplace on Vimeo.
credit crisis
The credit crisis as Antarctic expedition from Marketplace on Vimeo.
short selling
Getting naked in short selling from Marketplace on Vimeo.
Special thanks to the Kuchentester for this collection of these funny videos.
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Par·tei·buch n. German: Booklet with personal data and number to prove membership in a party
[…] Untangling credit default swaps from Marketplace on Vimeo. credit crisisPaddy Hirsch on CDO, CDS, credit crisis and short selling […]