economy – ElectroLund

“Credit Crisis” (the movie)

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

How Madoff did it? Cake futures.

So by now, everyone knows about Bernie Madoff, the most successful con man in history. His Ponzi 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.