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Bird and Fortune - Subprime Crisis

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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: December 31, 1969 at 5:59 pm
Author: kerviel88888

Length: 08:50
Rating: 4.93
Views: 616752

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

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Video Comments

incoserv (December 31, 1969 at 5:59 pm)
Uh, yeah... the whole thing was about racism. And Santa Clause... Get a clue!
bonafide480 (December 31, 1969 at 5:59 pm)
Well, anyway the banker did the fraud against who he called the "black" man. The stress here is on the racism of the banker, not a personal actor's thought
Shachna1979 (December 31, 1969 at 5:59 pm)
nice
batbomb92 (December 31, 1969 at 5:59 pm)
LOL
WhyIsMyNickTaken (December 31, 1969 at 5:59 pm)
I too have been wondering! This was posted in Feb 2008 and hence must have been recorded before that. Most of the "detailed postmortem analysis" of the financial crisis was done in September 2008 when Lehman disappeared and others were pushed on the brink
hiroprot (December 31, 1969 at 5:59 pm)
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 (December 31, 1969 at 5:59 pm)
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 (December 31, 1969 at 5:59 pm)
Doea anybody know when this was recorded? They must have been among the first to analyse correctly? "Wondering"
gullivera (December 31, 1969 at 5:59 pm)
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 (December 31, 1969 at 5:59 pm)
Maybe the humor comes from the "expert" being the racist. Perhaps unfair, but perhaps true...Remember who's being parodied here...
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