32: The Amateur Activists Who Took On The Foreclosure Machine
Odd Lots13 Jun 2016

32: The Amateur Activists Who Took On The Foreclosure Machine

The Great Recession was characterized by a historic and gigantic wave of foreclosures all around the country. Left and right, people were being removed from their homes. But because of the explosion of mortgage securitization -- the slicing and dicing of financial assets that got Wall Street into so much trouble -- there was often a failure to do the proper paperwork required for such evictions. This week on Odd Lots, we talk to David Dayen, the author of the new book Chain of Title, about a group of activists in Florida who self-taught themselves to become experts on securitization and foreclosure law in order to fight back in court against what they argued was fraudulent activity.

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Episoder(1187)

49: The Man Who Wants to Better Trading by Slowing It

49: The Man Who Wants to Better Trading by Slowing It

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48: The Lost History of Financial Market Modernization

48: The Lost History of Financial Market Modernization

How is it that stocks are traded on electronic exchanges in the blink of an eye but bonds still trade over-the-counter by phone and sometimes even by fax? Today we discuss one of the most pervasive my...

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47: Why it's Time to Stop Using the Word 'Disruption'

47: Why it's Time to Stop Using the Word 'Disruption'

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46: Space Robots Are Helping Hedge Funds Invest

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45: Why A Whistleblower Walked Away From Over $8 Million

45: Why A Whistleblower Walked Away From Over $8 Million

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12 Sep 201633min

44: What a 12-Year Knows About Money That an Economist Doesn't

44: What a 12-Year Knows About Money That an Economist Doesn't

"What is money?" This seemingly simple question has the ability to drive people crazy. Is it a unit of account? Is it something about exchange? Does it have to be blessed by the government or backed b...

2 Sep 201632min

43: Seinfeld Can Teach You Everything You Need About Economics

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In developed economies, younger generations have faced stagnant wages, mediocre employment prospects and dizzying costs of homeownership. One culprit: The generations that came before. Policies that h...

22 Aug 201626min

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