We found this visualization of the current credit crisis remarkably informative. The ten minute long video does a really great job breaking down all the different players and provides a general overview of how investment banking works. By the end of it, terms like sub-prime mortgages, collateralized debt obligations, frozen credit markers, and credit default swaps actually make sense.
The video was created by Jonathon Jarvis as part of his thesis work in the Media Design Program at the Art Center College of Design.
February 20, 2009
Understand the Credit Crisis in 10 Minutes
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