A while ago, This American Life had an even more brilliant episode than usual, on the subprime mortgage crisis. No, really. From the subprime borrower, to the guy who finds him and certifies him for a mortgage despite his having no verifiable income or assets, to the guy who bundles those mortgages for sale to an investment banker and so on up the chain, they follow the money.

You can hear the episode here.

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If this is all old news to you, blame Ari. He said I had to post it and you know I trust his judgment. If you do not already know about This American Life, it is another very good thing you might like, and you can find out more by clicking below.