Asides
The Credit Crisis and Leverage Explained
30 Apr 2008 - The Prince really found these recent remarks by David Einhorn, manager and founder of Greenlight Capital, especially interesting. Basically, he lays out pretty concisely and completely the case for how leveraged played a major roll in the credit crisis. The remarks are pretty interesting and are a nice place to start for those who are less familiar with the events that have occurred since this summer in the credit markets.
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