Forget The Jargon, This Animation Tells You How Sub-Prime Really Works

If you’re like most people, you know all about the sub-prime problem but don’t really understand anything more than a bunch of greedy mortgage brokers bundled a bunch of bogus mortgages and sold them off to greedier Wall Street guys, who then sold them off to a bigger group of suckers.

If you want an easy, humorous but educational illustration of how it really works, click on the image below and watch the slide show. Great stuff. Just click on each slide.

Mild warning – there’s some profanity in here as the cartoon characters get heated up but it’s all in good fun.

Credit goes to Barry Ritholtz for finding this gem.

Regards,
George

Last modified: July 13, 2026