whythebailout (December 31, 1969 at 6:59 pm)

Again thank you so much for this non biased review.

whythebailout (December 31, 1969 at 6:59 pm)

I gave you a negative, but it was kinda funny. Hopefully you were being funny and not making any allegations.

cliffwalkinfool (December 31, 1969 at 6:59 pm)

Is there any reason you appear to be wearing a prison uniform in this video?

hotboiuofm (December 31, 1969 at 6:59 pm)

I am curious to know how the banks' combing all these pools relate to economic unrest? 700 bailout?

DarkRiderFilms (December 31, 1969 at 6:59 pm)

Hey Guys! We dig ya video. Check out our first movie that we've posted, it's on our profile. A 20 minute stonner comedy!

pastorOFdisaster3 (December 31, 1969 at 6:59 pm)

Great explanation! I'd also check out the Financial Meltdown Rap song/video that's on youtube.Just type in Financial Meltdown Rap

wdflannery (December 31, 1969 at 6:59 pm)

Then, are different types of shares created, that relate to exposure to default loss. Is it really necessary to explain this? We just need to know the basics.So, then someone (Citibank) borrows short term to buy these mortgage backed securities. Do they pay a dividend? Where are they traded? Who collects the mortgages? Who pays the dividends?Please re-do. Break it way down. Avoid jargon. Explain the basic mechanism without frills, variations, etc.When do credit swaps come in?

wdflannery (December 31, 1969 at 6:59 pm)

Way too complicated. Way too much jargon. Don't give a poor explaination of something complicated and then say it's not important. Keep it simple without extraneous stuff.So, they bank pools mortgages to created a mortgage backed security (MBS). Then is sells it? To whom? As an entity, or are shares sold?Who is responsible for collecting the mortgage payments for the mortgages in a MBS.Does an MBS pay a dividend? Who pays it?To be continued.

brillur (December 31, 1969 at 6:59 pm)

Greed. Unregulated greed..

followyourgut (December 31, 1969 at 6:59 pm)

Hey Dave, just a couple of questions..? Where exactly did the leverage occur? Did the financial institutions leveraged over the SIV´s? Thanks