This American Life and the Housing Crisis

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DSC_4253 by mr. patrick [pardon the jacking of the photo]

355: The Giant Pool of Money

This American Life teamed up with NPR News to give a crazily in-depth and easy explanation of how and why we ended up with this crapped up housing situation (aka foreclosure hell). Told in great narrative stylings of TAL, it goes from the bottom guppy (schmuck with bad loan) to the money god’s at the top (hence the Big Pool of Money title).

Here is the player for your enjoyment.

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