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Old 05-29-2008, 07:24 PM
 
Location: Citizen of the World
38 posts, read 87,350 times
Reputation: 12
Default The Mortgage Crisis Explained

I see a lot of posts about the current mortgage situation. This American Life had a great story explaining the how the whole thing happened in really easy to understand terms.

It is the episode called "The Giant Pool of Money." You can listen to the podcast here:

This American Life - Radio Archive
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