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October 28, 2008

Paddy Hirsch on CDO, CDS, credit crisis and short selling

by @ 10:57 pm. filed under money

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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