Subprime primer for dummies

We’re still in the throes of the subprime crisis, no thanks to the ineptitude and greed of the U.S. financial industry. We’ve heard so much about the crisis but have we really understood it? This is not an attempt to make light of the situation but I’ve just uncovered this slideshow which explains it in dummies-style.

Note: This is not your everyday YouTube cloned site. You’ll have to keep clicking on the “forward” button to move from slide to slide.

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