Thanks to my online friend Jay at Soob, I've discovered this guy: TDAXP.
TDAXP's posts are good, but what's really interesting is this explanation, buried deep in the comment fields, of a variation of the Monopoly board game called "Credit Derivative Monopoly". Here's an excerpt:
Credit Derivative Monopoly uses financial engineering, however, to create Housing-Backed Securities. Say a player owns Boardwalk and Park Place, but does not have any cash left.
Likewise, another player has no monopolies, but perhaps $400 in extra cash. Credit Derivative Monopoly allows transfer that extra capital in exchange for the asset of, say, half the rental income on those two houses. So if a third player lands on Boardwalk, half goes to the property owner and half goes to the player who purchased those housing-backed securities.
.....In our two games of play, the instruments got increasingly complex. In one, the price for purchasing 8 houses was half the rent, plus forgiveness on all rent owed by the purchasing player to the selling player for the next three landings, plus the rent owed by the purchasing player to a named third-payer player for three landings.
My head hurts just thinking about it.
Mortgage meltdown picture from Ocean.flynn Cool photostream there, BTW.