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7 Factors That Led to Crisis
Posted By Barry Ritholtz On June 4, 2009 @ 11:48 am In Bailout Nation,Bailouts,Credit,Derivatives,Economy | Comments Disabled
As I was working on Bailout Nation , I struggled to find a way to communicate the myriad forces that combined to cause the collapse. The book details the many elements involved, but I wanted a visual way to depict what I took 20 chapters to explain.
I had long been a fan of Wall Stats  — the great site that Jess Bachman runs. Over the course of a few days, I described the various factors and how they interact.
Jess took what I described, and turned it into a terrific graphic that goes a long way to explain what happened (credit the bomb to Mrs Big Picture).
It became the centerfold of the book, running just before Part IV (Bailout Nation).
I don’t think any other graphic has so cleanly depicted the factors that led to the crisis developed . . .
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2009/06/7-factors-that-led-to-crisis/
URLs in this post:
 Bailout Nation: http://www.amazon.com/exec/obidos/ASIN/0470520388/thebigpictu09-20
 Wall Stats: http://www.wallstats.com/
 Image: http://www.ritholtz.com/blog/wp-content/uploads/2009/06/anatomy-of-a-crash.png
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