As seen on South Bank: subprime lending

20 10 2008

Currently making the blogosphere worthwhile (heads up to discoursology) is a brilliant satire on the subprime implosion by John Bird and John Fortune. Having explained the intricacies of market sentiment, they show how lending money to ‘an unemployed black man in a string vest’ becomes a ‘structured investment vehicle’. This sketch first aired in 2007, but remains topical.

Advertisements

Actions

Information

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: