Quite possibly the best (if not altogether accurate) explanation (and certainly humourous) of what is behind the Sub-prime mortgage failure: (warning - some strong language)

http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true

(h/t’s to Nick Douglas, managing editor at Gawker, and to the commenter “ADismalScience”, who provided some additional insights into the sub-prime debacle.)