To the Point

The Sub-Prime Mortgage Meltdown

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.

By Warren Olney • Mar 15, 2007 • 1h 0m Listen

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.

Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Karen Radziner
Managing Producer, To the Point & Which Way LA?
Christian Bordal
Managing Producer, Greater LA

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National

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To the Point

The Sub-Prime Mortgage Meltdown

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.

Share

To the Point

The Sub-Prime Mortgage Meltdown

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.

Share