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This American Life for May 13, 2008 7:30 PM - 8:30 PM [Program Website]
Today's Highlight: "The Giant Pool of Money"
A special program about the housing crisis. We explain it all to you.
What does the housing crisis have to do with the collapse of the investment bank Bear Stearns? 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
This American Life is an award-winning critically acclaimed weekly program describing and documenting contemporary American life. Each week a theme is chosen, and host Ira Glass and a variety of writers and performers share stories in a range of styles: monologues, documentaries, short radio plays, “found recordings,” and original works for radio. Music underscores many stories.
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