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

Hilarious summary of the subprime crisis and the bailout of shady lenders.Watch this video if the events of Wall Street confused the hell out of you. This is a nice summary. Plus, it's funny! more about "Bird and Fortune - Subprime Crisis", posted with vodpod

Hilarious summary of the subprime crisis and financial bailout of shady lenders.

Except it ain’t so funny WordPress.com Political Blogger Alliance

I still need cheering up. Might be the narcotic painkillers I'm on messing with my emotional balance. This helped.Thanks to Raj at the ever-wonderful (but not nearly rapid enough) Stuffed and Starved Website. BTW, I'm halfway through a re-read of his book, Stuffed and Starved, and can't say enough for the elegance and clarity of his writing and analysis on this. Go, read. now. more about "John Bird and John Fortune Explain(ed...", posted with vodpod

From last year, but still relevant. And hilarious, too, especially if you know the "types" they're playing.

h/t, Ezra Klein:
http://www.prospect.org/csnc/blogs/ezraklein