This series explains the 2008 financial crisis and the bank bailout that followed. You will learn how home prices rose and fell, and how mortgages were bundled into investments like mortgage-backed securities and CDOs. You will also see how banks got into trouble and what the government tried to do about it. Understanding this crisis helps explain why banks and credit work the way they do today. A basic understanding of loans and interest will help. Some videos include simple balance sheet math.
Note: All Khan Academy content is available for free at www.khanacademy.org