“The Subprime Mortgage Crisis, Explained” (2007)
This 2007 PBS NewsHour “explainer” by economics reporter Paul Solman introduces viewers to subprime mortgages (home loans given to people whose financial history made it difficult to obtain traditional loans), and explains why investors across the globe invested in mortgage-backed securities, despite the high risks. Crucially, Solman details how the domino effect of borrowers defaulting on subprime loans was the catalyst for the Great Recession.
The NewsHour with Jim Lehrer | NewsHour Productions | 2007 This video clip and associated transcript appear from 32:28 - 39:27 in the full record.
View Full Record
“Unemployment and the Economic Impact of the Great Recession” (2009)
The Federal Government Responds to the Financial Crisis (2009)
“Tea Party Activists Rally in Washington, D.C.” (2009)
“Tea Party Activists Protest ‘Obamacare’” (2009)
“Tea Party Candidates” Challenge the Republican Establishment (2010)
The Tea Party Wins Political Power (2010)
The Occupy Wall Street Movement Emerges in Zuccotti Park (2011)
The Occupy Movement and City Authorities in Conflict (2011)
Political Commentators Assess the Potential and Limits of the Occupy Movement (2011)
The Moral Foundations of the Tea Party and Occupy Movements
Leadership and the Tea Party and Occupy Movements (2011)