The Sub-Prime Crisis Lecture

Subject Specific Lectures: The Sub-Prime Crisis Lecture

This lecture looks at the origin of the Sub Prime crisis, explaining what it is. Professor Meen outlines how events in the US, in particular the system of mortgages, has had such serious repercussions in the UK and globally. He examines the current situation in he UK in relation to the credit crunch, looking at how the UK government has responded to the situation, and expresses his concern at the lack of accountability of the banks.

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Answer the questions in the Task QA4



After this you can read the Transcript to check your understandingTranscript Reading 

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