Paddy Hirsch from Marketplace once again does a masterful job on the white board, this time explaining Repo 105, the latest financial shenanigan to hit the papers.
Repo 105 from Marketplace on Vimeo.
~alex
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How to read the TED Spread: A higher spread indicates less faith in the strength of the banks. Typical spread is between 10 and 40 basis points. On September 17, 2008, the TED spread exceeded 300 bps. (Wikipedia)
How to read the Baltic Dry Index: Tracks the price of shipping worldwide. Increasing prices mean there is more worldwide activity. (Wikipedia)Polls
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