Financial Crisis for Beginners

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	Financial Crisis for Beginners

DomainPawnshop

3-11-2009 3:39 AM

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tags:

real life

DomainPawnshop says:

Pretty sure this way more information than any one human can read without their head exploding.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a6a520fd-a41c-4b91-954f-da7c3c35aa79/A5B6EE5F-81A2-43A2-AA2E-634E88AA156E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://baselinescenario.com/financial-crisis-for-beginners/http://baselinescenario.com/financial-crisis-for-beginners/" href="http://baselinescenario.com/financial-crisis-for-beginners/http://baselinescenario.com/financial-crisis-for-beginners/" style="font-size: 11px;">baselinescenario.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://baselinescenario.com/financial-crisis-for-beginners/http://baselinescenario.com/financial-crisis-for-beginners/"><P>We believe that everyone should be able to understand how the financial crisis came about, what it means for all of us, and what our options are for getting out of it. Unfortunately, the vast majority of all writing about the crisis - including this blog - assumes some familiarity with the world of mortgage-backed securities, collateralized debt obligations, credit default swaps, and so on. You’ve probably heard dozens of journalists use these terms without explaining what they mean. If you’re confused, this page is for you. Over time, we will be adding more explanations and more links to external sources, so check back for updates. (Some of the explanations on this page are simplified and not 100% accurate; their goal is to explain the key concepts to a general audience.)</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://baselinescenario.com/financial-crisis-for-beginners/http://baselinescenario.com/financial-crisis-for-beginners/"><H2 id="post-235"><A rel="bookmark" href="http://baselinescenario.com/financial-crisis-for-beginners/" linkindex="19">Financial Crisis for Beginners</A></H2></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A5B6EE5F-81A2-43A2-AA2E-634E88AA156E/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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