"That was your homework—to watch Boiler Room."—Lisa Taylor, Ameriquest loan agent, quoted in the Los Angeles Times, February 4, 2005Yeah, that plan to put all our Social Security money into Wall Street sure looks like a winner from this end, don't it?
Dean Starkman explains the mortgage meltdown as clearly as I've seen it done.
"This American Life" did a great show in this back in May. I listened to the podcast while waiting for Freddie to finish soccer practice, and by the end of it I was a wiser -- if exponentially sadder -- man.