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Bird and Fortune - Subprime Crisis

Quick House Sale To Sell Property Fast or Sell and Rent Back
Quick House Sale To Sell Property Fast or Sell and Rent Back Quick House Sale To Sell Property Fast or Sell and Rent Back
Quick House Sale To Sell Property Fast or Sell and Rent Back

John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.

Channel: Comedy
Uploaded: January 1, 1970 at 12:59 am
Author: kerviel88888

Length: 08:50
Rating: 4.93
Views: 584400

Tags: bear  bird  bremner  Credit  crisis  Enhanced  fortune  Fund  High-Grade  Leverage  sterns  Strategies  Structured  subprime  

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hiroprot (January 1, 1970 at 12:59 am)
Would the joke have been as funny if the "black" man was just "guy" on a crumbling porch? Why or why not? Does it matter that these are two older white men? Are there critical differences (historical and in the sense of humor) between an English and American audience that might make the same joke satire in Liverpool and troubling in Atlanta?
markcullis (January 1, 1970 at 12:59 am)
I find it utterly staggering that anyone finds this racist...you're missing the point of the humour by so much it's frightening.
turmannturmann (January 1, 1970 at 12:59 am)
Doea anybody know when this was recorded? They must have been among the first to analyse correctly? "Wondering"
gullivera (January 1, 1970 at 12:59 am)
Its called satire mate, they're pointing out that millions of poor and vulnerable people (many of whom are no-doubt black and unemployed) were exploited and driven into debt in America by the stupidity and greed of speculators and mortgage brokers.
gregplaysthestick (January 1, 1970 at 12:59 am)
Maybe the humor comes from the "expert" being the racist. Perhaps unfair, but perhaps true...Remember who's being parodied here...
fullofvenom (January 1, 1970 at 12:59 am)
its your pension fund.....hilarious....
medal8 (January 1, 1970 at 12:59 am)
No it's not racist...It's humour !!!
strangisproductions (January 1, 1970 at 12:59 am)
BRILLIANT!
WildmanWoodie (January 1, 1970 at 12:59 am)
You're right, but nobody was forced to take out the loans. Poor folks of any race went into these deals willingly. Foolishly, but willingly.
mungstrosity (January 1, 1970 at 12:59 am)
It's what happened. Nothing racist about that. Racist is driving the poor black unemployed man into debt and bankrrupcy by lending him money he could never pay back by betting on his house gaining value by the time you took it away from him.

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