Well, it all started in the Land of the Free, and now we get the CNBC take on the ten steps that took the world's largest economy (and the rest of us) from boom to bust.
Although I think some of it is somewhat spun, there are some great sequences in this site, including the President and CEO of Bear Stearns, assuring the world that there's nothing to worry about at his bank, two days before it disappeared under a mountain of sub-prime debt and a storm of short-selling.
Enjoy!
Tuesday, September 1, 2009
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Cramer - I'm concerned for that guy - if his tv slot had gone on any longer he'd have been in cardiac arrest!!
ReplyDeleteThis is great Rob, looking back now, it was all so obvious....