The credit crisis explained in black and white

[Upwind]

www.telegraph.co.uk/money/main.jhtml?view=DETAILS&xml=/money/2008/03/26/bcncrisis126.xml&CMP=ILC-mos tviewedbox

In case anyone finds it confusing

PMSL.
Did you see Frankie Boyle saying the credit crunch was caused by American banks lending money to the audience of the Jerry Springer Show?!

tee hee

I think every teacher should show that to their class

Marvellous

Bump because it made me

I've seen this before... and this version is incomplete.

There used to be a part two, dealing with what happened when everthing came unravelled.

The Telegraph may have cut it as it consisted of every person in the long chain of borrowing and lending beiong told "You're fucked."

LOL