Although they were posted nearly a year ago, they are just getting more and more relevant.
Welcome Bird and Fortune – SubPrime Crisis:
And – Bird and Fortune – Financial adviser:
Both are great. And, unfortunately, very true.
If you want a mathematician’s take on these matters, better look at Mark’s blog:
Mortgage basics 1
Mortgage basics 2
How disaster came about
I hope I will have time to add a bit myself in the near future.
Filed under: economics, findings | Tagged: ecomonics, subprime

