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Financial Shock
Between the mortgage crisis and rising food and fuel costs, economist Mark Zandi says the nation is in its worst financial situation this decade. Jean talks with Mark about the many oversights and national and international events that led to the mortgage crisis. Plus, Mark talks about his book Financial Shock, which explores the causes of the subprime mortgage disaster, similar financial bubbles that could burst in the future and things Americans can do to become more financially secure.
Published on August 13, 2008
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