We’ve been swamped with the demands of our business life the last week (a good thing) so posting has been sparse – we’ll be back on the crest of the blogging wave by next week.
In the meantime, amuse yourselves with this excellent podcast from Chicago Public Radio on the housing/mortgage mess:
The Giant Pool of Money [this americanlife]
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.