There seems to be a fog around the current credit crisis. People know it exists and that is the extent of their knowledge.
The Crisis of Credit Visualized does a great job of explaining the basics. This video explains the foundation of this crisis and helps clear up some confusion.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
The above video is a great overview. To get more detail on the topic, also check out:
PBS Frontline - Inside the Meltdown – This has a great video that goes step by step through the meltdown and what caused it.
CNBC – House of Cards – The video isn’t on the site, but it does list future show times. (See below) This explains the mortgage securities.
CBS 60 Minutes – Wall Street’s Shadow Market – This one is a little more dry but much shorter than the others. It explains the complex securities and covers credit default swaps.
UPDATE : Here is the “House of Cards” segment on Hulu.
