Thursday, October 9, 2008

turn those machines back on

I won't bore you with my thoughts on the recent turmoil in the credit and equity markets. Instead, I'll bore you with someone else's. I really like this post, "The Truth: What Obama and McCain Won’t Tell You About Your Money," from the I Will Teach You To Be Rich blog.

For those interested in collateralized debt obligations, and who isn't, this video provides an excellent explanation.

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