HD211 - The Mortgage Meltdown and Ensuing Financial Crisis [7:35m]: Play Now | Play in Popup | Download

Experts agree that the housing crisis is on the verge of becoming a full-blown pandemic. Greedy lenders extended bad loans to under-qualified borrowers, and now those unfortunate souls with adjustable rate mortgages (ARMs) are seeing their mortgage payments rise through the roof. Into this mess wander Hawke and Dove, each with unique experiences to help shed light on the matter. Attacus Dove has recently made a bad real estate purchase of his own, and he seeks listener help to get him out of it. Brick Hawke, with his vast network of conservative financial advisors, has managed to profit throughout, with investments that some might find less than scrupulous. Myron Bunkerling, whose living situation involves unknown numbers of cats, does his best to keep the conversation on a relevant level.

Topics covered include:
The mortgage crisis
Lenders
Borrowers
Adjustable Rate ARM Mortgages
Geodesic Dome Homes
Gold
Third World Water Rights
Land Mine Placement and Removal
Dennis Kucinich
Nancy Pelosi
Henry Waxman
Joanie
Chachi

Posted by hdadmin on Monday, March 17th, 2008 at 10:40 am.