As a public school employee, my investment knowledge, until the past few weeks, has been limited to my understanding of my low-risk 401K and 403-b funds.
Derivatives? Hedge funds? Credit Derivatives? Short selling? Futures Contracts? Why should I worry about all of that! Like many other people, I was happy in my ignorance.
Here are a few links that I found useful in my fast-track education in finance and economics:
The New York Times Online is full of articles and video clips exploring the causes of the financial crisis:
Video: Examining the Financial Crisis
Video Timeline: Five Weeks of Financial TurmoilVideo: How Fannie Mae's Problems Lead to the Country's Financial Crisis
The Credit Crisis-The Essentials
AIG: Behind Insurer’s Crisis, Blind Eye to a Web of Risk
Taking a Hard New Look at Greenspan Legacy
NY Times Multimedia Graphic: Growth of a Complex Market
Interactive Graphic: Credit Crisis Indicators
More to come!
Reference:
Investopedia
Friday, October 10, 2008
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