CounterSpin

Counterspin – December 28, 2007

Listen Download | podcast

This week on CounterSpin: a special look at two stories. One of them has received significant media attention that you might not always understand; the other is a story that’s flown under the media radar altogether. Turmoil in the housing market has been pinned on Wall Street’s appetite for so-called subprime mortgages. With house prices declining and foreclosures heading the other direction, the media are now sifting through the debris to tell us what happened. But what should we have known all along? And who exactly is being rescued now? Journalist Nomi Prins will join us to explain.

Support KPFA Today

Community Powered Radio for the Bay Area and Beyond

Founded in 1949 by Lewis Hill, a pacifist, poet, and journalist, KPFA was the first community supported radio station in the USA. Keep us going another 50 years!

Secure Online Donations