Credit Crisis Explained!

I have long been following these wonderful flash reports by AP. Its not about the cartoon but its the simplified explainations that gives me an overview of the current credit crisis.
You will learn about:

fannie and freddie
World Top CEO’s pay
Mortgage-backed securities
yadda yadda yadda……

Take a peek here : The Associated Press Multimedia Reports
This one is titled [...]

Financial Landscape – Out of Balance (AIG)

A very disturbing fact I come across as reported at AP here What went wrong. Are you a concerned customer?
Hopefully the US85 billion bailout package will pull them through this horrible chapter.

Simple Man, Gigantic Dream = S350L

To my friend and mentor, to have a dream is like to breath. When we breath, the oxygen will carry the blood cells to every departments of our body so that each and every organ will respond to its master. The next thing he makes me remember is that a dream remains only a dream [...]