US Subprime and Housing Crisis 101

Date May 14, 2008

Here’s a secret, I am a BIG FAN of the Public Radio show This American Life.
This past week Ira Glass shares stories about how the sub-prime crisis has affected Americans and he provides an easy to understand rundown of how the sub-prime crisis unfolded.

Definitely worth a listen and hopefully you will become a fan as well =)

And please let me know if you liked it!

30 Second Promo

Download the Podcast for Free

Visit their website!

355: The Giant Pool of Money

A special program about the housing crisis. We explain it all to you. What does the housing crisis have to do with the collapse of the investment bank Bear Stearns? 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.

iraglass

More on this topic (What's this?)
More Innocent Bystanders
Las Vegas home sales up 280%.
Is It Any Wonder?
Read more on U.S. Housing Market, Subprime lending at Wikinvest

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>