Subprime Mortgage 101 – A simple and funny Powerpoint

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With all the buzz going on about the collapse of Lehman Brothers, the $700 billion AIG bailout plan, and the US financial crisis and its impact on Philippine banks, the word “subprime” suddenly gained notoriety in mainstream media.

What exactly is the subprime mortgage problem?

We already discussed this concept more than a year ago (See The US Subprime Mortgage Problem – explained in simple terms), but for those looking for a simpler explanation, you’re in luck.

Here’s a Powerpoint presentation that humorously but accurately explain “subprime.”

 

Click here to view the Subprime 101 – A simple but funny explanation of the US Subprime Problem Powerpoint file.

About the Author

James Ryan Jonas teaches business strategy, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.1 Billion ($56 Million) worth of retirement funds on behalf of thousands of UP employees.

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