Great Britain slipped into recession again this week. Its worth another view of how close we came to economic collapse: [youtube width="512" height="288"]http://www.youtube.com/watch?v=wVV6dzDOgQ0[/youtube] The HBO movie was good. The book was so much better….and rather shocking.
Credit default swaps. Those infamous three words. The Big Short: Inside the Doomsday Machine by Michael Lewis is a fast-paced, right-to-the-point story about CDS and the collapse of Wall Street. While recent best sellers have addressed big players and multiple … Continue reading →