Mix Tape Of Misery
How you got screwed
two ways from Tuesday
in the Financial Meltdown.
It’s a sad thing to have to admit but I have
trouble balancing my check book because
I’m not the best with numbers on a page. So while
dollar loans to people without jobs or income? And why
is everyone talking so much about the 1930s?
Fresh Air With Terry Gross | Is Wall Street At Fault
Star Parker’s campaign piece recently
mailed to 37th District voters.
there are plenty of newspaper articles and reports that For Mortgage Meltdown
go into a lot of detail regarding what exactly happen Broadcast July 8, 2008
during the financial crisis, I have not bothered to read The subprime mortgage crisis has led to more
many of them. They frankly make my head spin. But than a million home foreclosures and has sent ripples
when knowledgeable and erudite people sit and tell me through the world economy. But who is to blame for
what happened or what is happening, then I become this situation? According to financial writer Paul Muolo,
engaged. Especially since being engaged by listening fingers should be pointing at Wall Street.
through my IPod takes my mind off the fact that I can Muolo is executive editor of National Mortgage
barely breathe on the cardio machine at the gym. News. He and reporter Mathew Padilla wrote Chain of
I have listened to a lot of news stories Blame: How Wall Street Caused the Mortgage and Credit
regarding exactly how the financial crisis Crisis. The book focuses on Angelo Mozilo, founder and
came to be, exactly what happened during the CEO of Countrywide Financial, using his story to trace the
financial crisis and exactly who knew that the complicated events that led to the crisis.
crisis was coming but chose to ignore the signs.
Here I’ve listed the links to radio programs This American Life | Another Frightening Show
that I think do an excellent job of telling the About The Economy
story of the financial crisis in a detailed an Broadcast October 3, 2008
informative way. I’ve provided links to the Alex Blumberg and Adam Davidson recount the
downloadable MP3 files. Listen and weep. 36-hour period, two weeks ago, when the credit markets
froze. Plus, what it’s like now for businesses to get short-
How We Got Here term loans, and how the hardship is spreading to every
Fresh Air With Terry Gross | Mortgenson Sheds sector of the economy.
Light On Subprime Mortgage Crisis
Broadcast October 10, 2007 The Big Three
Pulitzer Prize-winning business columnist Fresh Air With Terry Gross | Merrill Lynch And The
Gretchen Morgenson talks about the subprime mortgage Mortgage Crisis
crisis and its effects on the markets and on the economy. Broadcast November 13, 2008
Pulitzer Prize-winning journalist Gretchen
Fresh Air With Terry Gross | Measuring The Morgenson discusses the unprecedented collapse of
Mortgage Crisis Fall Out Merrill Lynch, America’s most famous brokerage house.
Broadcast February 13, 2008
Gretchen Morgenson, financial reporter and Forum With Michael Krasny | William Cohan On
business columnist for The New York Times talks about The Fall Of Bear Stearns
the continuing fallout from the mortgage crisis and how Broadcast May 1, 2009
it’s affecting consumers. Former investigative journalist and Wall Street
veteran William Cohan. His new book, “House of Cards:
This American Life | Giant Pool Of Money A Tale of Hubris and Wretched Excess on Wall Street” Adreana Langston
Broadcast May 9, 2008 chronicles the fall of Bear Stearns and the events leading has been a resident of Long Beach, CA since sixth
grade at Longfellow Elementary. She now resides
What does the housing crisis have to do with the up to the current global financial crisis. in downtown Long Beach where she freelances in
turmoil on Wall Street? Why did banks make half-million 1
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