I got a nice email from mortgage rates today, with the following opening:
The housing boom helped the economy dramatically, however as the boom came to a crash in 2006, things took a swift turn into economic gloom and doom, bringing it to the economic crash still fresh in everyone’s memories. We created an infographic which looks into the works of the banks and their dealings with Collateralized Debt Obligations. Here it is: http://www.mortgagerates.info/dyk/cdos/
So, as they're so keen to share, I'll share: (doubleclick image to see bigger version)
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...