I enjoy the public radio show This American Life, hosted by Ira Glass, and listen to the podcast, but having fallen a bit behind, I just heard the May 9th show, titled “The Giant Pool of Money.”
It offers yet one more view on the subprime mess, this story centers around a lot of investment money looking for a home. The episode is no longer available as a podcast, but may still be streamed on line. It’s worth listening to. (And I will add it to my list of subprime links page.)
Joe