My favorite news, thoughts on the media, and life as a young person.
Wednesday, March 11, 2009
A Simple Explanation of Bad Banks
I don't know about anyone else, but I'm not a economic genius. In fact, I'm very confused by this whole recession. I'm sure some of you are too, so I've found some good explanations.
I'm a big fan of public radio and public television. This is the best and simplest explanation of sub prime mortgage crisis.
I totally agree with you. That first story is the best explanation I've encountered. Though it's not nearly as funny as the one from one of my dad's colleagues that explains the financial meltdown in terms of a bar and alcohol. I must say, I am more and more happy to be a customer of Wells Fargo every day.
I totally agree with you. That first story is the best explanation I've encountered. Though it's not nearly as funny as the one from one of my dad's colleagues that explains the financial meltdown in terms of a bar and alcohol. I must say, I am more and more happy to be a customer of Wells Fargo every day.
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