NPR: The Giant Pool of Money

[Harlowe]

My sister and I were discussing the housing crisis (one of her friends shortsells) and I was sharing this program with her, so I thought I'd share it here just in case you missed it, because I thought it was really well done.

Listen to it here....
http://www.thisamericanlife.org/Radio_E ... pisode=355

Here is the transcript of you don't want to listen to the program

http://www.thisamericanlife.org/extras/ ... script.pdf

355: The Giant Pool of Money
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A special program about the housing crisis produced in a special collaboration with NPR News. We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.

[Ddrak]

Yep - excellent summary. I can't stand Ira Glass' voice though, so had to read the transcript.

Dd