Comic Relief For The Sub Prime Fiasco
If anything, this sub-prime fiasco demonstrates the clear need for ethical behaviour by all market participants. Some of the stories are obviously fairly shocking. Unemployed people given million dollar loans and the like. There is no need to continue to go on about that.
But what is needed, is an awareness by people, in that if there is clearly unethical behaviour being perpetrated, then a thought process about who stands to gain most from this? Most likely the person who is carrying out that behaviour has the most to gain, and if you are on the other end of it, you must ask yourself, "why are you there, in that position, at all?"
But it is often said that common sense is not all that common.
Anyway, these are two videos that I found which gave me a bit of a laugh. The first is very educational and clear for those who don't know much about how all this came about. The second is Britney Spears with lyrics that seem to align the disaster.
John Fortune & John Bird:
Such a good representative of the intelligence of the lending practices themselves:
Enjoy! I hope it gives you at least a smile. I know it did for me.
But what is needed, is an awareness by people, in that if there is clearly unethical behaviour being perpetrated, then a thought process about who stands to gain most from this? Most likely the person who is carrying out that behaviour has the most to gain, and if you are on the other end of it, you must ask yourself, "why are you there, in that position, at all?"
But it is often said that common sense is not all that common.
Anyway, these are two videos that I found which gave me a bit of a laugh. The first is very educational and clear for those who don't know much about how all this came about. The second is Britney Spears with lyrics that seem to align the disaster.
John Fortune & John Bird:
Such a good representative of the intelligence of the lending practices themselves:
Enjoy! I hope it gives you at least a smile. I know it did for me.
Post a Comment