The Global Pool of Money

I just finished listening to a podcast from "This American Life" about the financial crisis and man, I'm blown away by what I'm hearing. You know what a "NINA" loan is? It means "No Income, No Asset" so basically a "Liar's Loan". You know who gave these mortgages out the last few years...everyone!

Do yourself a favor...take some time and listen to this PODCAST right now.