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Redeemable at the Option of Freddie Mac, Commencing March 12,  Form

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hi this is David abank Turtle welcome to video 9A which is the first of three videos devoted to the topic of current issues in the part two F frm 2012 in sequence we start with three of the readings these are all qualitative which is to say we don't really have computations and that is the US and Irish credit crises a paper which reappears from the prior year in the frm second a report to the board of directors of Allied Irish Bank and Third Banking and um the Panic of 2007 which reappears from at least for the last two years in the frm and this Gary Gordon is fairly significant in current issues he's uh his his ideas and perspectives on the financial crisis are fairly representative of the current issues so the Gary Gordon paper is significant for us first the US and Irish credit crises there are different difference and commonalities and so in terms of similarities between the US and the Irish crisis the paper identifies four common what they call Deep causal factors

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