video:
http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&products_id=287858-1


Busted: Life Inside the Great Mortgage Meltdown

Edmund Andrews talked about his book Busted: Life Inside the Great Mortgage 
Meltdown (W.W. Norton and Co.; May 22, 2009). An economics reporter for the 
New York Times for 16 years, Mr. Andrews reported on the dramatic decline of 
the housing market, while becoming a part of the story he was covering when 
he faced foreclosure on his own mortgage. Talking about how he obtained a 
mortgage he could not afford and how he rationalized doing it, Mr. Andrews 
explored both the psychological factors and the changes in the financial 
system that resulted in the mortgage crisis. Mr. Andrews also read some 
passages from the book and responded to questions from members of the 
audience.

ID: 287858-1 _ Speech
07/18/2009 _ 58 minutes 

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