Bird and Fortune - Subprime Crisis



Uploaded by: kerviel88888
Video Description:
John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.


Tags for this video: bear bird bremner Credit crisis Enhanced fortune Fund High-Grade Leverage sterns Strategies Structured subprime

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Comments for this video on YouTube
lol you serious? ( 4 weeks ago by nooneisusingthisname)
lol you serious?
You are absolutely ... ( 3 weeks ago by tallflower24)
You are absolutely right. USA is a Nanny-State. But no need to be rude and name call.
Hell, I'm rude, but ... ( 3 weeks ago by nchambers42)
Hell, I'm rude, but like you, I judge 'em as I see 'em.
this is racist ( 3 weeks ago by pdecoster)
this is racist
Oh come on m8 cant ... ( 3 weeks ago by paddySc12)
Oh come on m8 cant u take a little joke! Cor blimey christians get taken the mickey out of them almost all the time but they dont care - if u dont like it then dont watch it!
hahahaha, great ( 3 weeks ago by iraniaryan)
hahahaha, great
"Unemployed Black ... ( 3 weeks ago by lunaone)
"Unemployed Black man on a crumbling porch somewhere in Alabama."
I find that insulting and a bit racist.
Well ... they did ... ( 2 weeks ago by gunsandroses1111)
Well ... they did get a bail out ...and can carry on much as they were ... so in good times profits are very high ...in bad times the Fed or Bank of England bails you out. Good business to be in?
No. It isn't. ... ( 2 weeks ago by thismustbeathursday)
No. It isn't. Listen again. You are missing the point by a country mile.
RUSSIAN ...AMERICAN ... ( 2 weeks ago by jonnydorobantul)
RUSSIAN ...AMERICAN...ALL MADE IN TAIWAN...:)))) Thats the problem....nuthing made in USA:))
It's what happened. ... ( 2 weeks ago by mungstrosity)
It's what happened. Nothing racist about that. Racist is driving the poor black unemployed man into debt and bankrrupcy by lending him money he could never pay back by betting on his house gaining value by the time you took it away from him.
You're right, but ... ( 2 weeks ago by WildmanWoodie)
You're right, but nobody was forced to take out the loans. Poor folks of any race went into these deals willingly. Foolishly, but willingly.
BRILLIANT! ( 2 weeks ago by strangisproductions)
BRILLIANT!
No it's not racist. ... ( 1 week ago by medal8)
No it's not racist...
It's humour !!!
its your pension ... ( 1 week ago by fullofvenom)
its your pension fund.....hilarious....
Maybe the humor ... ( 1 week ago by gregplaysthestick)
Maybe the humor comes from the "expert" being the racist. Perhaps unfair, but perhaps true...
Remember who's being parodied here...
Its called satire ... ( 1 week ago by gullivera)
Its called satire mate, they're pointing out that millions of poor and vulnerable people (many of whom are no-doubt black and unemployed) were exploited and driven into debt in America by the stupidity and greed of speculators and mortgage brokers.
Doea anybody know ... ( 1 week ago by turmannturmann)
Doea anybody know when this was recorded? They must have been among the first to analyse correctly?
"Wondering"
I find it utterly ... ( 1 week ago by markcullis)
I find it utterly staggering that anyone finds this racist...you're missing the point of the humour by so much it's frightening.
Would the joke have ... ( 1 week ago by hiroprot)
Would the joke have been as funny if the "black" man was just "guy" on a crumbling porch? Why or why not? Does it matter that these are two older white men? Are there critical differences (historical and in the sense of humor) between an English and American audience that might make the same joke satire in Liverpool and troubling in Atlanta?
I too have been ... ( 1 week ago by WhyIsMyNickTaken)
I too have been wondering! This was posted in Feb 2008 and hence must have been recorded before that. Most of the "detailed postmortem analysis" of the financial crisis was done in September 2008 when Lehman disappeared and others were pushed on the brink
LOL ( 1 week ago by batbomb92)
LOL
nice ( 1 week ago by Shachna1979)
nice
Uh, yeah... the ... ( 5 days ago by incoserv)
Uh, yeah... the whole thing was about racism. And Santa Clause... Get a clue!




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