financial crisis

About a decade ago, a housing crisis swept the country. The crash devastated many communities and changed the lives of millions of Americans who experienced foreclosure or simply walked away from homes owing more than they were worth. 

Here’s what we heard from resident's of Miami Township in Montgomery County at the time - neighbors living near vacant and abandoned houses:

"It’s very disrupting. It’s an eyesore."

"It smells like there might be a dead animal in the backyard. Honestly, there’s like a whole bunch of flies and it’s pretty nasty."

Esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, Alan Blinder, has written a fascinating post-mortem of the 2008 financial crisis with a look forward at next steps. The author is On the Money with Chris DeSimio to talk about After the Music Stopped: The Financial CrisiFes, the Response, and the Work Ahead.