I guess some people who teach business English might want to do a lesson on (one of) the reasons for the meltdown. We agree with those who put most of the blame on leverage and we've written an article explaining what leverage is and how it could lead to such a mess, using fairly simple language, making it suitable for upper-intermediate and advanced students.
Check it out here:
http://www.fullspate.net/meltdown.html
jobe
Saturday 29th March 2008, 4:08am
Natasha got back to me on this - I put it in the biz blog - link on the right here - Community blog.
And:
http://www.developingt2t.com/business/weblog/