A former collegue of mine forwarded the below link, which pretty much puts the entire housing/banking/financial crisis in perspective:
http://www.youtube.com/watch?v=H5tZc8oH--o
For those of you who still do not understand why and how we got here, strap yourself in and watch. For those of you who have family members who don't understand..well they NEED TO READ THE ANGRY TRADER EVERY DAY!!
Enjoy the weekend, and hopefully we will still be standing on Monday.
--The Angry Trader
Friday, September 26, 2008
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