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Maxed Out Audio Documentary

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Free Resource (#657) - Sept. 30th, 2008
Today's Free Resource

Bankrupt: Maxed Out in America

This audio documentary from American Public Media examines the record number of bankruptcy filings in recent years in the United States. Documentarians Chris Farrell and Sasha Aslanian travel to Memphis, a city with one of the highest rates of bankruptcy in the country. They interview many people who are declaring bankruptcy and the people who are assisting them in filing for bankruptcy. They also examine the history of bankruptcy and how it has changed over the years from a social stigma to a calculated risk that some feel is worth taking. This audio documentary is available on streaming audio from American Public Media.

Bankrupt: Maxed Out in America

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Maxed Out: Hard Times, Easy Credit, and the Era of Predatory Lenders

Foreclosures are hitting record highs; Americans are declaring bankruptcy at rates ten times that during the Great Depression; more college students drop out because of debts than due to poor grades; reports of debtor suicides proliferate in the media. In other words, it's a great time to be in the banking business.

"Maxed Out" takes us on a road trip that is sometimes hysterical and often horrifying: from Las Vegas to the Bible Belt, from the backwoods to inner cities where the world's largest financial giants troll for their next victims. Welcome to a country populated by debt pirates, corporate predators, human credit card billboards, debt evangelists, mega-million dollar spec homes, and, of course, trillions of dollars of easy credit. Combining startling facts with even more startling examinations of individuals, institutions, the government, and modern religion, James Scurlock exposes very real, potentially disastrous systems and policies that are drowning millions of Americans in a flood of easy credit.

Listen to a free sample of: Maxed Out: Hard Times, Easy Credit, and the Era of Predatory Lenders

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