ProPublica has added to its treasure of information on what led to the financial crisis.
The public interest website has created a new interactive feature that shows who was in bed with whom as “the market became rife with self-dealing.”
ProPublica and NPR’s Planet Money last month published an in-depth report on how investment bankers contributed to the financial meltdown by creating fake demand for mortgage-backed securities called collateralized debt obligations.
Check out the original report here.
For a more entertaining view of Wall Street, visit your favorite cineplex this weekend and catch the return of Gordon Gekko in Oliver Stone’s new movie “Wall Street: Money Never Sleeps.”
Michael Douglas won an Oscar playing the financial villian in the original “Wall Street.” Will he do it again in the sequel?