Comic Depicts Bear Stearns Implosion
Comics just keep popping up in new and unexpected places. To wit: Financial publication Portfolio has posted a webcomic of sorts that explains the dramatic fall of investment firm Bear Stearns earlier this year amid the ongoing mortgage crisis.
For those who aren’t especially interested in economics, it’s about as exciting as watching CNBC (maybe a half-step above paint drying and grass growing). But, at the very least, Portfolio’s interactive viewer is quite nice.
Also, the comic doesn’t go into enough detail to explain what landed Bear Stearns in such hot water to begin with.
Oh, and here’s the uninformed and (largely) unintelligible take on comics from a blogger at Blogging Stocks:
Graphic novels are generally targeted toward a market the could best be described as anime freaks: junior high and high school kids who shop at Hot Topic, listen to bad music, and read graphic novels.
Let’s just chalk this up as the latest lesson that comics and finances are oil and water.