This is a perfect video example of what they tell you over and over in performance driving school. It's not the first "fish tail" that gets you. It's always the second or third, after you've overcorrected on the first and perhaps second.
It only took one overcorrection for this guy, and then WHAM...into the wall. You just don't correct as much in an all wheel drive vehicle..you have to go against your instincts and do a half correction while getting ON the gas a little.
That looked like an Sti. Perhaps he had the center differential cranked a bunch to the rear hence the oversteer. Anyhoo, both are SCHMUCKs regardless for driving like that on a windy, blind cornered road. You can also see that it started to oversteer the instant he got of the gas and touched the brakes.
Yep...lift throttle oversteer. I remember learning about that back when I was in high school in '86 in a friend's Reliant K car (doing something I shouldn't have been doing). Who says you can't make a front wheel drive car fish tail!