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In The Thick

Homewreckers

In The Thick

Futuro Media

News Commentary, Politics, Culture, Society, News, Society & Culture

4.9 • 1.9K Ratings

🗓️ 29 November 2019

⏱️ 43 minutes

🧾️ Download transcript

Summary

In this episode we get into the issues of wealth when it comes to land/home ownership and the perils of capitalism. Maria and Julio talk with Aaron Glantz, senior reporter with Reveal from The Center for Investigative Reporting about his new book, "Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream." They discuss the mortgage crisis, the history of land ownership and wealth transfer and how this has impacted communities of color.    ITT Staff Picks:

  • Profiting off pain: Trump confidant cashed in on housing crisis, Aaron's piece for Reveal
  • Two histories of financiers profiting from real estate while homeowners go belly ep, The New York Times' review of Aaron's book and of Aaron's Bingeworthy book recommendation, Keeanga-Yamahtta Taylor's “Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership.”
  • Read about how this all connects back to land ownership for Indigenous communities in APM Reports and Minnesota Public Radio's Uprooted report: The 1950's plan to erase Indian Country

This episode was mixed by Leah Shaw.

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Transcript

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0:00.0

Hey Dear listener, a quick favor. We're conducting an audience survey and we'd be really

0:06.5

grateful if you could take just a few minutes and answer it. So please visit survey.

0:12.1

ERX.org slash futuro to take our survey today.

0:17.0

That's survey dot PRX.org slash futuro.

0:23.0

Grasias.

0:25.0

Hey welcome to The thick.

0:29.0

This is a podcast about politics, race and culture

0:32.0

from a POC perspective.

0:33.8

I'm Maria N

0:35.4

Rosa.

0:36.4

And I'm Julia Galo de la.

0:36.7

And today joining us from Emoryville, California is Aaron Blance.

0:40.4

He's a senior reporter with reveal from the Center for Investigative Reporting, which means he's a bad-ass

0:45.9

an investigative reporter.

0:47.3

Yay!

0:48.3

Welcome to the show, Aaron.

0:50.1

Thank you for having me.

0:51.1

And your newest book is, I'm going to give you the whole title, Home Wreckers,

0:55.2

How a Gang of Wall Street Kingpins, Hedge Fund Magnets, Crooked Banks, and Vulture Capitalists

1:01.7

suckered millions out of their homes and demolished the American dream.

1:06.0

What a title. Dude, what a buzzkill. Well, I mean, it's got a fun cover. You you've got like Steve minuchin the Treasury

1:14.2

Secretary riding on a wrecking ball you've got money flying everywhere you have

...

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