Sub Prime explained

I read this article in the Tom Peters blog. I thought the article did a really good job of explaining the sub-prime crisis in layman's terms. Check it out.

I successfully completed Financial Accounting and Managing in Organizations in the winter quarter. I am taking Applied Regression analysis and Microeconomics this quarter. I attended the first class of Micro and it turned out to be pretty interesting with the professor providing plenty of real life examples and videos to relate basic concepts to current events.