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:

Ali said...

Irish accent. mmmmmmm.

Must replay to actually listen to the words.

ellroon said...

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

Ali said...

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

ellroon said...

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