I had heard about this video a while back but I never had the time to watch. I finally got around to it and I must say it is brilliant. It explains the whole subprime mess in very simple English.
The more I look at this mess the more I see greedy investors and crafty businessmen at their finest! They knew what they were doing, I feel no sympathy for them at all. I feel sorry for the consumers losing their dreams and fellow workers without jobs.