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To the Point

The Sub-Prime Mortgage Meltdown

Hosted by Warren Olney Mar. 15, 2007 National
When the high-tech stock bubble burst, shareholders lost money.  As the sub-prime mortgage market declines, people are losing their homes. We hear how it works, what can go wrong, and what it means for the rest of the economy.  Also, Khalid Sheik Mohammed's confession continues.

When the high-tech stock bubble burst, shareholders lost money.  As the sub-prime mortgage market declines, people are losing their homes. We hear how it works, what can go wrong, and what it means for the rest of the economy.  Also, Khalid Sheik Mohammed's confession continues.

From this Episode:

In His Confession, Is Mohammed Exaggerating His Role?

Today's papers report the written confessions of the man who claims he was not only the mastermind of September 11, but also responsible for 30 other terror attacks and...

14 min

Home Loans and Easy Money, until Times Get Hard

No less an authority than Alan Greenspan, former Chair of the Federal Reserve , called sub-prime mortgages a tool for democratizing credit. Sub-prime mortgages with no down...

35 min

Credits

Host:

Warren Olney

Producers:

Katie Cooper, Karen Radziner, Christian Bordal

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