The 2008 US financial crisis has been blamed on the excessive use of mortgage-backed securities. But what exactly is a mortgage-backed security? Learn more about these securities and how they contributed to the crisis in this HowStuffWorks podcast.

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

The 2008 US financial crisis has been blamed on the excessive use of mortgage-backed securities. But what exactly is a mortgage-backed security? Learn more about these securities and how they contributed to the crisis in this HowStuffWorks podcast. Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

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The 2008 US financial crisis has been blamed on the excessive use of mortgage-backed securities. But what exactly is a mortgage-backed security? Learn more about these securities and how they contributed to the crisis in this HowStuffWorks podcast.

How Mortgage-backed Securities Work

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/afa7b22a-3115-44ea-b8eb-ae2800c2486b/transcript

Once in a while someone comes up with a solution for a problem we didn’t know we had, and maybe even a problem that didn’t even exist. Even more rarely, the stars align just right so that some crackpot invention captures everyone’s imagination.

Once in a while someone comes up with a solution for a problem we didn&rsquo;t know we had, and maybe even a problem that didn&rsquo;t even exist. Even more rarely, the stars align just right so that some crackpot invention captures everyone&rsquo;s imagination.

Some Silly Inventions That Became Wildly Popular

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f67504fb-4645-4b9b-9186-b432011bdde9/transcript

In this classic episode Josh and Chuck sit down and detail the complicated life of the late, great Sammy Davis Jr.

In this classic episode Josh and Chuck sit down and detail the complicated life of the late, great Sammy Davis Jr.

Selects: Sammy Davis Jr: National Treasure

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/123e278c-b43b-4cac-95f6-b4210121d41f/transcript

In 2014 a ferry carrying hundreds of South Korean high school students on a field trip sunk, killing almost everyone on board. Hauntingly, their deaths were fully avoidable: everyone from the dock inspector to the Coast Guard to the president failed them.

In 2014 a ferry carrying hundreds of South Korean high school students on a field trip sunk, killing almost everyone on board. Hauntingly, their deaths were fully avoidable: everyone from the dock inspector to the Coast Guard to the president failed them.

The Sewol Ferry Disaster

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/24aa11ca-892c-4020-8654-b42e00131b14/transcript

How Mortgage-backed Securities Work

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