Members Credit Union’s marketing department has developed an extremely simplified view of what led to the current credit crisis. Obviously omitted were discussions of the derivatives market, insurance programs, and specific investment practices. This was intentional. While we realize that these were factors that exacerbated the problem, it was imperative for us to get to the root of the credit crisis: sub-prime lending. This presentation was heavily inspired by NPR’s This American Life, which we definitely recommend.
This presentation has been performed for various employers and members of Members Credit Union, and is available for free in DVD form (quantities limited). If you are interested, send me a message. Otherwise, please enjoy the following video and share with anyone you wish: