I received an email back in February, 2008. Attached was an anonymous power point explaining (what we thought at the time) was only the mortgage meltdown. This mortgage meltdown led to the current financial crisis. I have taken this power point (cleaned up some of the language) and added the music of Pink Floyd’s Money.
Stick figures work their way through the tangled web of the mortgage process. They start with the home buyer and go all the way to where we find ourselves today. They take the complicated and make it simple.
Please enjoy and post any comments.