SIVs and sub-prime explained – by John Bird and John Fortune.

By Ben Lord

This is a link to a recent sketch between John Bird and John Fortune on ITV’s ‘The South Bank Show‘. They discuss in brilliant satirical style the problems we have seen in the financial markets in the last few months. At the time of writing, the clip has been viewed by almost a quarter of a million people (and judging by the comments, many of these viewers are from the US).

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

Ben Lord

Job Title: Fund Manager

Specialist Subjects: Corporate bonds, inflation markets, financial institutions and credit default swaps

Likes: Sport, weekends, cooking, countryside

Heroes: Ron Burgundy, Superman, P.G. Wodehouse

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