marc3l737n (November 30, 1999 at 12:00 am)

Well, they didn't get exactly 0,75 $ per 1$, because bank gave 5m + 5% of 5m, so they gave 5.25m $ to the 1st basket. Due to that, there was only 2,75m $ left , so the second basket received 0.6875 $ per 1 invested dollar.

kubush (November 30, 1999 at 12:00 am)

Hey, I write my sevens like that too. ;) Great vids!

mollycanadian (November 30, 1999 at 12:00 am)

I'm 63 and find these videos instructive! Great site. How about doing a series on economics? Supply-side: pros and cons?

accidomunam1869 (November 30, 1999 at 12:00 am)

9:21 "I write my sevens like a European, I think it makes me [sic] sound more... well... anyway." Lol, you already sound smart I guess you just want to look the part too. Thanks for these informative vids, I never thought I would be able to understand the crisis so comprehensively.

theporksicle (November 30, 1999 at 12:00 am)

I'm not au fait with all of these derivative contracts etc but I think I understand the concept of shorting an asset (i.e. borrow shares from their owner for a fee and sell them hoping to repurchase them later at a lower price), so if you forsee a real housing market crash, a depression proper, could you borrow the safest tranche, sell it to someone for 100 cents on the dollar (or close to it) and buy it back for next to nothing if say there's a 90% default rate?

FloormanofAlabama (November 30, 1999 at 12:00 am)

HENSE THE BANKS SAY LETS GO AFTER AIG ABK AND MBIA. SUE THEM FOR THE MONEY, they charged a premium, SUE them, the court says though, CANT sue them we are going to give them a settlement, HE HE HE

duboisd31 (November 30, 1999 at 12:00 am)

youre right that Geithner is a two faced sneaky little fuckin cunt face.

Melpheos1er (November 30, 1999 at 12:00 am)

they dont want to say it. Their closets are full of dead bodies

JLZesbaugh (November 30, 1999 at 12:00 am)

No real world data on the foreclosure rate.