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Old 09-27-2008, 05:16 PM   #1
Hooper
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Join Date: Jul 2002
Location: Bass River, Mass.
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The Mortgage Mess Explained Simply

I caught this on NPR today

http://thisamericanlife.org/Radio_Ep...px?episode=355

It is an excellent in that it explains the frenzy that the world of mortgage backed securities became over the last 5 years. If anyone is confused about the how and why we are in this catastrophe today, and wants s simple, interesting understanding of it, this is well worth your time to have a listen.
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