How SubPrime Morgages Really Work: A Veiled Lesson in Credit

by Art Fag City on February 15, 2008 · 18 comments Posting Notice

Stick Figures and Morgages

You saw it here first folks! AFC brings you the latest in Wall Street power point lectures and more importantly, stick figure drawings! This informative “SubPrime Morgages For Dummies” lecture lets all of us who haven’t a) been buying homes without the money to do so, or b) reading the financial section of the New York Times, in on how we got in this mess in the first place. And of course, it’s all illustrated with these skillfully rendered drawings of buyers, bankers, brokers, and investors. Enjoy!

In other news, regular programming on AFC will return next week, after deadline hell passes.

{ 18 comments }

michael February 15, 2008 at 6:50 pm

this is great! thanks.

michael February 15, 2008 at 1:50 pm

this is great! thanks.

commentor February 21, 2008 at 8:40 pm

spot on.

commentor February 21, 2008 at 8:40 pm

spot on.

commentor February 21, 2008 at 8:40 pm

spot on.

commentor February 21, 2008 at 8:40 pm

spot on.

commentor February 21, 2008 at 3:40 pm

spot on.

jill browne March 13, 2008 at 2:54 am

Are you the creator of the stick man presentation? I’ve seen it in a few places now – to whom does credit belong for coming up with it?

It’s BRILLIANT.

This is the sort of disclosure that should be in a prospectus.

jill

jill browne March 13, 2008 at 2:54 am

Are you the creator of the stick man presentation? I’ve seen it in a few places now – to whom does credit belong for coming up with it?

It’s BRILLIANT.

This is the sort of disclosure that should be in a prospectus.

jill

jill browne March 13, 2008 at 2:54 am

Are you the creator of the stick man presentation? I’ve seen it in a few places now – to whom does credit belong for coming up with it?

It’s BRILLIANT.

This is the sort of disclosure that should be in a prospectus.

jill

jill browne March 13, 2008 at 2:54 am

Are you the creator of the stick man presentation? I’ve seen it in a few places now – to whom does credit belong for coming up with it?

It’s BRILLIANT.

This is the sort of disclosure that should be in a prospectus.

jill

jill browne March 13, 2008 at 2:54 am

Are you the creator of the stick man presentation? I’ve seen it in a few places now – to whom does credit belong for coming up with it?

It’s BRILLIANT.

This is the sort of disclosure that should be in a prospectus.

jill

jill browne March 12, 2008 at 9:54 pm

Are you the creator of the stick man presentation? I’ve seen it in a few places now – to whom does credit belong for coming up with it?

It’s BRILLIANT.

This is the sort of disclosure that should be in a prospectus.

jill

Art Fag City March 13, 2008 at 1:12 pm

It’s pretty awesome, but no I’m not the creator of this presentation. It is however, the first link my accountant father has sent me that I’ve been inspired to post.

Art Fag City March 13, 2008 at 1:12 pm

It’s pretty awesome, but no I’m not the creator of this presentation. It is however, the first link my accountant father has sent me that I’ve been inspired to post.

Art Fag City March 13, 2008 at 1:12 pm

It’s pretty awesome, but no I’m not the creator of this presentation. It is however, the first link my accountant father has sent me that I’ve been inspired to post.

Art Fag City March 13, 2008 at 1:12 pm

It’s pretty awesome, but no I’m not the creator of this presentation. It is however, the first link my accountant father has sent me that I’ve been inspired to post.

Art Fag City March 13, 2008 at 8:12 am

It’s pretty awesome, but no I’m not the creator of this presentation. It is however, the first link my accountant father has sent me that I’ve been inspired to post.

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