http://docs.google.com/TeamPre
_latest&fs=true&docID=ddv7hj34
A friend of mine sent me a cute little cartoon to explain the sub-prime mortgage. My observation:
(1) No due diligence is necessary if someone is going to share your problem. It's better if it's a bigger share
(2) Assumptions should be challenged! "The stock market always rise!"
Tuesday, March 4, 2008
Subprime mortgage defined!
Labels:
Captial Market
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