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Short Synopsis
Chronicling the fiasco that sank millions of Americans, including one journalist who thought he knew better, Busted is a darkly humorous exploration of the cynicism and self-destructive judgment that led to America's biggest economic calamity in generations.

Full Synopsis
Veteran New York Times economics reporter Edmund L. Andrews was intimately aware of the dangers posed by easy mortgages from fast-buck lenders. But, eager to buy a home and start a new life, he gave in to temptation and began a surreal adventure into the mortgage mayhem that nearly wrecked our economy.

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. 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. Rich with on-the-ground reporting, Busted is a darkly humorous exploration of the cynicism and self-destructive judgment that led to America's biggest economic calamity in generations.

"Dick Hill gives a rousing performance.... With Hill in command, this analysis of the financial meltdown makes for absorbing---and surprisingly entertaining---listening." ---Publishers Weekly Starred Audio Review

"This deeply personal expose is timely and sobering in its candor." ---Publishers Weekly Starred Review

"An outstanding, highly accessible primer on the epic rise and disastrous fall of the housing market.... Andrews's account sheds powerful light on one of the darkest corners of American business history." ---The Boston Globe
Publishers Weekly Audio

Publishers Weekly Review

Busted

Life Inside the Great Mortgage Meltdown

Author Edmund L. Andrews

Narrated by Dick Hill

Publication date Aug 3, 2009

Running time 8 hrs

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