Michael in Los Angels, a finance expert who arranges structured finance transactions for real estate developers, sent me the link to this Slideshare below that was created seven months ago. "It's very simplistic but it does a good job of giving a pretty good flavor for what went down," wrote Michael in a recent email. "Everyone knew this was going to eventually fold, although I don’t believe anyone really knew that the credit markets would get to this point." Michael even used one of the slides in a recent presentation and he said the entire auditorium got it. "It was amazing how powerful just showing one slide was." A few finance professionals have sent me the Slideshare link this week; it's a good followup to the whiteboard presentation in the previous post. Visually this Slideshare is simplified to the point of being quite crude, and yet as a sort of tongue-in-cheek overview of at least part of the financial crisis this works. The downside of this Slideshare is that you'll have to view it at "Full Screen" to read the text. Warning: some of the language may be too crude for some (you've been warned), but given what took place in the market this week, I heard much worse in the Tokyo pubs.)
View SlideShare presentation or Upload your own. (tags: subprime mortgages)
This is syndicated from Presentation Zen, and written by Garr.
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