1 Song, 59 Minutes

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Ratings and Reviews

4.9 out of 5
39 Ratings
39 Ratings
Joe in SA

The Mortgage Crisis Explained

This is one of my favorite episodes because I actually understood how we got into the financial mess we found ourselves in in 2008. This and Bad Bank are must "listen-to's."

xoxo11

Great Journalism!

A work of real genius, produced quite early in the whole economic meltdown. This shows what journalism does best: putting two sides of a story into "conversation" in a way they would never be otherwise. Oh, and lots of reporting, editing, research, etc.

outofstyle

Beautifully simple explanation

I was pointed to this story from a book on “The Art of Explanation”. It cited this story as a great example of how evan a horribly complex situation like the financial meltdown of 2008 could be explained to the average person. I’ve been reading material and watching shows on the financial meltdown for a few years now. I have to admit, none of them have done as good a job of explaining how it happened as well as this story does. At roughly 1 hour, its also very engaging and entertaining. Listening to how mortgage brokers were living like rock stars and finally, FINALLY, hearing a homeowner admit that they knew they shouldn’t be eligible for the loan and it was a bad idea to take it. You hear a lender admit the same thing. Anyway, great story worth everyone’s time to listen to.

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