Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

NY Times Economics Reporter to Discuss Life Inside the Great Mortgage Meltdown on KAZI News Magazine June 28

Posted by Hopeton on June 26, 2009

Edmund Andrews, economics reporter for the New York Times and author of Busted: Life Inside the BustedGreat Mortgage Meltdown will be interviewed on KAZI News Magazine Sunday on June 28, 1 p.m. – 1:30 p.m. on KAZI 88.7 FM.  Busted weaves together the author’s own ride to the edge of bankruptcy with the tragicomic stories of his lenders, the Wall Street pros behind them, and the policymakers in Washington who were oblivious until it was too late.  TO LISTEN TO THIS INTERVIEW CLICK HERE: Edmund Andrews Interview

In a startling confession in his book, Andrews admits that while in the midst of an interview with former Federal Reserve System chairman Alan Greenspan about the causes of the mortgage meltdown, he felt “an irresistible urge to spill my guts.”

The story takes Andrews to the offices of Alan Greenspan, the mansions of subprime-mortgage millionaires in southern California, a despondent deal makers’ convention in Las Vegas, and Wall Street.

Andrews has been a reporter for the Hew York Times for 16 years.

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