An excellent video about the subprime crisis. Humorous, but also rather accurate!
Will the Big 4 survive the credit crunch? - [http://www.accountingweb.co.uk/cgi-bin/item.cgi?id=189048&d=1032&h=1022&f=1026 see article]
Interesting article on the real cause of the credit crunch, credit default swaps -
*[http://www.reuters.com/article/newsOne/idUSN1837154020080918?pageNumber=1&virtualBrandChannel=0 Buffett’s time bomb goes off on Wall Street (Reuters)]
and also this on…
*[http://www.nytimes.com/2008/09/28/business/28melt.html?pagewanted=2&_r=1 AIG from the New York Post].
This speech is also really useful in understanding how the crisis has come about! -
*[http://www.mondovisione.com/index.cfm?section=news&action=detail&id=77658 read speech]
Two more articles:
Causes of credit crisis:
Great information on the credit crisis: