Wednesday July 11, 2007 Subprime Derivatives Explained Posted by Richard Hodge A quick segment from CNBC. Watch this and you will understand what all this derivative and tranches stuff is. Very well done! Thanks to Housing Crash TV and HP

	Bill	2007-09-07 05:02:11
	I love it right at the end where the two guys exchange something like this, "it is a lack of belief in the payment ability of the ...." The other guy says, "there has to be a lot of faith there." What ever happened to money backed by Gold. That did not require belief or faith, simply value.
	Supermann	2009-02-23 23:07:37
	Still don't understand the accounting part of these derivatives.