Tuesday, February 10, 2009

The trickle down theory

Leaves investors high and dry:

Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us into this financial mess.

4 comments:

  1. Irish accent. mmmmmmm.

    Must replay to actually listen to the words.

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  2. I could make a joke about the Irish needing to use drinks to explain the economy, but that would be crass....

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  3. champagne, though. Not whiskey or beer. Odd. ;)

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  4. I guess they don't waste beer by building those tower thingies, huh?

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