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20 Dec

Hear the Horror!

Tonight I listened to a masterful radio piece NPR did in May of 2008 regarding the mortgage meltdown and it is one of the best accounts I have heard or read on this subject. It’s one of those journalistic works that should be catalogued in the National Archives in Washington for future generations to access when they get that flyer in the mail, or should I say tweet, or text message about a million dollar home they can buy no money down as long as they have a pulse.

Click here to check out the full hour-long award-winning  piece - Well worth the time ( Giant Pool of Money – length 59:00)

Do me a favor and put this link in your calendar and check back in 10 years to see if we actually learned anything.

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Posted by on December 20, 2010 in Mortgage Blog

 

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