The Big Money, Slate’s new biz site, unveiled a cool new educational series in the style of those SchoolHouse Rock specials from yesteryear. This little intro to ‘bonds’ will give you the basic knowledge that those disastrous credit default swaps and CDOs were based on.

A newer episode of the original SchoolHouse Rock series called ‘Walkin On Wall Street’ after the jump:

Lester ‘The Investor’, not to be confused with Chester ‘The Molester’, soon found out that Whiz Bang Cola split its dividend and proceeded to fly into a sliding glass door.