Banking and co

John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.

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2nd Nov 2008. Bird and Fortune on Silly Money satirising the absurdity of the financial crisis. … satire comedy humour credit crunch banks subprime mortgages global finance investment banker cdo greed fear economy bailout property derivatives debt tax payers regulation deregulation capital gains private equity business cycle lending leverage de-leverage bonuses risk securitization interest structure vehicle colaterised obligation wallstreet bad loans market house prices ratings agencies …

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What leverage is. Why it is is good or bad. Leverage and insolvency.

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• Banking 10: Introduction to leverage (bad sound)