THE BASIS POINT

The Greatest Subprime Meltdown Story Ever Told

The mortgage industry melted down August 2007, then whole financial world melted down September 2008. The Subprime Primer, a hilarious powerpoint chronicle of the crisis, made the rounds back then. I just stumbled across it, and I’ll repeat what I said at the time: Of all the deep analysis of the subprime crisis, this is perhaps the deepest.

In honor of it’s anonymous creator, here’s the full presentation in handy scrolling form. Enjoy…