Modern Subprime Finance, 101

Nice, useful figure from The Deal on how modern finance worked to create the subprime mess, or at least how it worked up until there stop being a functioning capital market.

More here.

Related posts:

  1. Lies, Damned Lies, and Finance Papers
  2. Hedge Funds Have Modern Art Market up 55%
  3. Beat the Dealer, Subprime, etc.
  4. How Yahoo Finance Begat Google Finance
  5. The Shorter Jamie Dimon