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(Swear words warning!) For non-financial whizzes, these irreverent "Subprime Primer" slides are a funny, trenchant yet spot-on and relatively jargon-free explanation of what caused the sub-prime housin...

(Swear words warning!) For non-financial whizzes, these irreverent "Subprime Primer" slides are a funny, trenchant yet spot-on and relatively jargon-free explanation of what caused the sub-prime housing mortgages problem which precipitated the current credit crunch (and a reminder that moral hazard lurks everywhere).

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