Credit Crisis Explained

Interesting video explaining the genesis of our situation. Good for those not in the know, on particulars, and for younger people.

http://vimeo.com/3261363

Would be interesting to expand that video and show all the factors and entities that influenced all the various points of “Error”. IOW what was the process and factors that caused the Fed to keep rates at 1%, What were the influences and factors that allowed the “Sub prime” mortgages to take place etc.

~Matt