Video duration: 458 seconds
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In this Special Report, Knowledge@Wharton finds that the credit crisis was triggered when Wall Street alchemists, overeager borrowers and aggressive lenders let their eye for opportunity trump their nose for risk. New regulations might prevent a recurrence -- but so would diligent decision-making.
Video duration: 228 seconds
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All info about refinancing home mortgage, home mortgage refinancing, home refinancing and refinancing loans.
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Paul Solman provides the best, intuitive explanation of the new mechanics of securitized mortgage debt, and what can go wrong in a down market. Solman also explains the mania that fed the bubble, with a cute montage of the ubiquitous house flipping tv shows and mortgage ads. Who will play Jimmy Stewart's role in a future Capraesque film of this new era? [1of2]
Video duration: 164 seconds
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May 8 - Dozens of sub-prime mortgage companies have gone bankrupt and countless homeowners face the threat of losing their homes due to sky-high mortgage payments.Reuters Reporter Conway G. Gittens takes a look at the factor's behind the popularity and subsequent demonization of the sub-prime home loan, which caters to risky borrowers.
Video duration: 133 seconds
Global video hits: 3511
Jun. 25 - U.S. stocks finished modestly lower as subprime fears surfaced near the end of the session to wipe away a triple-digit gain for the Dow. The Dow slipped 8 points to 13,352. The Nasdaq lost 11 points to 2,577. Crude oil prices finished little changed after a big fall early in the session.
Conway G. Gittens reports from New York.