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College Trillionaires: Crisis of Credit

3/3/09

Crisis of Credit

This is an interesting video that very simply explains how the United States got itself into the credit crisis we are currently experiencing.  The video lasts not much longer than 10 minutes, and it is definitely worth your time.  If you have never heard about Credit Default Swaps, Collateral Debt Obligations, or you just do not understand the exact reason why the economy is so messed up, check out this video:  http://vimeo.com/3261363


Niki Pezeshki
College Trillionaire

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