Sunday, September 28, 2008

What caused the Credit Crisis?

Listen to this special program on This American Life about the housing crisis that was produced in a special collaboration with NPR News. 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.

Go to This American Life, Chicago Public Radio web site, to listen to the show.

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