Indy Telecom & Industrial Media

So, ever wanted to know what really happened with the whole subprime mortgage mess? Look no further!

The Big Picture just posted these fantastic slides that have been making the rounds on Wall Street for a while. Click to launch the slide show. Enjoy!

Here are some interesting links from this week. Expect more Friday/weekend link-fests in the days to come.

• What does Goldman know that we don’t? — An interesting take on how Goldman Sachs escaped the subprime crunch that’s affected just about every other Wall Street major firm out there. (via Paul Kedrosky)

• CEO of the Princeton Economics Department? Goldman Sachs? It’s all the same to me! — Democrat Budget Committee Member Doesn’t Know the Difference between Treasury Secretary and Federal Reserve Chairman.

• You know you’re in a recession when they tell you to just take the clothes — Funny clip of Erin Burnett on Conan O’Brien’s show. (via DealBreaker)

Welcome to the subprime meltdown - you can check out any time you like, you can never leave.

(via Dealbreaker)