ElectroLund

This is a great visual primer explaining what the heck is going on with the credit crisis:

So by now, everyone knows about Bernie Madoff, the most successful con man in history. His Ponzi ^{1} scheme has left countless investors bankrupt as he stole about $65 billion dollars. Billion.

So just how in the world Madoff made off with all your money? He’s a child and so are we. Here’s the perfect analogy.

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Footnotes:

1. the whole ugly truth [↩]