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Mohit on subprime
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    2
    0 starsmohit | Shared With: Everyone - Apr 01 2008 | mortgages, finance, subprime, news, economics, toread
    A VC: Hitting The Reset Button On Mortgages

    Quoted: I think this is basically a good idea. If the government is going to bail out the people trading with Bear Stearns in an effort to calm the markets, then they might as well go right to the source of the poison and clean up the mortgage mess. But it has to be done right. And I think that insuring the mortgages instead of buying them, as was done in the depression, is an idea with some merit.

  • vote
    47
    4 starsmohit | Shared With: Everyone - Mar 28 2008 | investment club, finance, subprime, education
    Subprime Explained - Google Docs

    One of the simplest and best explanations of the subprime crisis - with cartoons and a narrative. Why isn't everything explained this way? This is how my discrete math professor taught his class during my freshman year at CMU.

    Thanks Ken.

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