A Clear, Complete Picture of the Housing Crash

The housing crisis all started with a "giant pool of money," according to well-known radio show "This American Life." This particular episode (guest-hosted by NPR’s Alex Blumberg and Adam Davidson) is several months old, but provides a fascinating picture of the housing crash. It zooms in on individuals like Jim Finkel (profiteer from subprime lending) to Richard Campbell (a guy trying to hold onto his home despite staggering adjustable-rate mortgage payments). These multiple perspectives provide a more complete and personal look at what really got us to where we are today.

The episode transcript is definitely a worthwhile read. Or, you can download the audio version for 95 cents.