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Meltdown

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Meltdown

De: David Sirota, Dan O’Donnell, Shoshi Shmuluvitz, Kiarra Powell
Narrado por: David Sirota
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Listen to the trailer now and the full podcast on 10/28.

How did we end up in this version of America, with neighbors divided against neighbors, and some citizens angry enough to storm the U.S. Capitol?

The 2008 financial crisis - and the government’s botched, multibillion-dollar bailout - is the skeleton key that unlocks almost every big thing that’s gone wrong in America in the 21st Century, from climate change, to the all-out assault on democracy, to the rise of white nationalism.

In this thrilling, 8-part podcast, investigative journalist David Sirota explores why the financial crisis happened, how the bailout went so wrong, why politicians covered up Wall Street’s crimes and what the lasting impact of the meltdown was on America’s political, social and economic fabric.

This is an epic adventure, a search for answers that stretches from Bogotá, Colombia to Madison, Wisc., to Washington, D.C. Sirota talks to politicians who made the laws, the investigators who uncovered massive fraud and ordinary people who lost homes, families and livelihoods, in order to shed light on why the economic disaster happened, why nobody succeeded in fixing it, and why the country soon embraced the politics of rage.

Meltdown is the first collaboration between Audible, a leading producer and provider of original spoken-word entertainment and audiobooks, and Jigsaw Productions, the production house launched and helmed by Oscar-winning director Alex Gibney (Taxi to the Dark Side, Enron: The Smartest Guys in the Room, Going Clear: Scientology and the Prison of Belief) in collaboration with Transmitter Media, the Peabody-nominated and Webby-winning production company behind podcasts such as Finding Fred, Work Life with Adam Grant and Tabloid: The Making of Ivanka Trump.

Meltdown is enraging and engaging, must-listen audio entertainment for anyone who wants to know how we ended up where we are now - and where we might be going next.

©2021 Meltdown Pod LLC (P)2021 Audible Originals, LLC
Economía Política y Gobierno
Episodios
  • Meltdown Trailer
    Oct 14 2021

    Listen to the trailer now and the full podcast on 10/28.

    How did we end up in this version of America, with neighbors divided against neighbors, and some citizens angry enough to storm the U.S. Capitol?

    The 2008 financial crisis - and the government’s botched, multibillion-dollar bailout - is the skeleton key that unlocks almost every big thing that’s gone wrong in America in the 21st Century, from climate change, to the all-out assault on democracy, to the rise of white nationalism.

    In this thrilling, 8-part podcast, investigative journalist David Sirota explores why the financial crisis happened, how the bailout went so wrong, why politicians covered up Wall Street’s crimes and what the lasting impact of the meltdown was on America’s political, social and economic fabric.

    This is an epic adventure, a search for answers that stretches from Bogotá, Colombia to Madison, Wisc., to Washington, D.C. Sirota talks to politicians who made the laws, the investigators who uncovered massive fraud and ordinary people who lost homes, families and livelihoods, in order to shed light on why the economic disaster happened, why nobody succeeded in fixing it, and why the country soon embraced the politics of rage.

    Meltdown is the first collaboration between Audible, a leading producer and provider of original spoken-word entertainment and audiobooks, and Jigsaw Productions, the production house launched and helmed by Oscar-winning director Alex Gibney (Taxi to the Dark Side, Enron: The Smartest Guys in the Room, Going Clear: Scientology and the Prison of Belief) in collaboration with Transmitter Media, the Peabody-nominated and Webby-winning production company behind podcasts such as Finding Fred, Work Life with Adam Grant and Tabloid: The Making of Ivanka Trump.

    Meltdown is enraging and engaging, must-listen audio entertainment for anyone who wants to know how we ended up where we are now - and where we might be going next.

    Más Menos
    2 m
  • Episode 1 -The Big Heist
    Oct 28 2021
    The 2008 Meltdown was a pivotal moment in modern history, as harmful to America as the Moon Landing was inspirational. But the government responded in a much different way than President Franklin D. Roosevelt responded to the Great Depression - and here’s why that failed response was even more disastrous than the crisis itself.
    Más Menos
    54 m
  • Episode 2 - The Rant Heard Round the World
    Oct 28 2021
    CNBC pundit Rick Santelli's on-air rant helped give birth to a new movement and channeled a deluge of bitter hate towards the average homeowner. How did something as simple as taking out a loan to buy a house turn the American Dream into an American Nightmare?
    Más Menos
    49 m

About the Executive Producer

Jigsaw Productions is helmed by Academy Award-winning filmmaker Alex Gibney, considered one of the most prolific and thought-provoking documentary filmmakers of our generation. Jigsaw has produced some of the most acclaimed documentary films, including Going Clear: Scientology and the Prison of Belief, which won three Emmy awards, a DuPont Columbia Award, and a WGA Award, and was one of the most watched documentaries in HBO’s history; the Oscar- and Emmy Award-winning Taxi to the Dark Side; the Oscar®-nominated “ nron: The Smartest Guys in the Room; the multiple Emmy Award-winning Mea Maxima Culpa: Silence in the House of God; Showtime’s Emmy Award-winning History of the Eagles; the controversial We Steal Secrets: The Story of Wikileaks; the provocative film about Lance Armstrong’s fall from grace, The Armstrong Lie; and Client 9, the in-depth look at the rapid rise and dramatic fall of former New York Governor, Eliot Spitzer. Jigsaw releases from the past several years include the Peabody Award-winning and Grammy-nominated Mr. Dynamite: The Rise of James Brown; HBO’s two-part special, Sinatra: All or Nothing At All; and Steve Jobs: The Man in the Machine.

About the Executive Producer

Director Alex Gibney has been called "the most important documentarian of our time" by Esquire Magazine ( Esquire) and "one of America’s most successful and prolific documentary filmmakers” by The New York Times (The NY Times T Magazine). Known for his cinematic, gripping, and deeply insightful documentaries, the filmmaker has won the Academy Award, multiple Emmy Awards, the Grammy Award, several Peabody Awards, the DuPont-Columbia, The Independent Spirit, The Writers Guild of America Awards, and more. Gibney was honored with the International Documentary Association’s Career Achievement Award in 2013 and the first ever Christopher Hitchens Prize in 2015. Gibney’s films include: Taxi to the Dark Side (2008 Oscar); Enron: The Smartest Guys in the Room (Oscar nominated 2006); Triple Emmy Award winning and Peabody Award Mea Maxima Culpa: Silence in the House of God (HBO); Emmy winning The History of the Eagles (Showtime); 2015 Peabody Award and Grammy nominated Mr. Dynamite: The Rise of James Brown; The Armstrong Lie (2013), which was short-listed for the 2014 Academy Award and nominated for the 2014 BAFTA Award, along with his film We Steal Secrets: The Story of Wikileaks (2013); and Client 9: The Rise and Fall of Eliot Spitzer (2010), which was nominated for three Emmys.

About the Executive Producer, Production Team, Co-Writers

Transmitter Media is a Peabody-nominated and Webby-winning creative podcast company specializing in highly-edited and beautifully sound designed work that has reached many millions of listeners worldwide. Proudly woman-owned-and-operated since 2017, they create strong story-driven shows that start conversations, including Finding Fred, Tabloid: The Ivanka Trump Story, Work Life with Adam Grant, Rebel Eaters Club, and Doing Justice. Their work is often on best-of lists and has been called "downright addictive," "the Porsche of podcasts", and "the best of the best."
The production team on M eltdown includes: Writers/Producers Dan O’Donnell, Shoshi Shmuluvitz and Kiarra Powell, Executive Editor Sara Nics, Executive Producer Gretta Cohn, mix engineer Hannis Brown and fact-checker Meral Agish.

About the Co-Writer and Performer

David Sirota is an award-winning journalist and bestselling author living in Denver, Colorado. He is the publisher of The Daily Poster, an editor at large at Jacobin Magazine, and a columnist at The Guardian. He served as Bernie Sanders’ presidential campaign speechwriter in 2020. Sirota was an investigative reporter for Capital & Main and the Senior Editor for Investigations at IBT/Newsweek. Sirota has also written for The New York Times Magazine, Politico Magazine, Harper’s, Wired, Vice, The Nation, and Salon.com. Sirota has published three books, Hostile Takeover (Crown, 2006), The Uprising (Crown, 2008), and Back to Our Future (Ballantine, 2011). He is co-producing the upcoming Netflix film Don’t Look Up, directed by Adam McKay and starring Jennifer Lawrence and Leonardo DiCaprio.

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I loved this podcast. I hope to see more content like this from Audible. You cant learn about the 2008 financial crisis from mainstream media segments that are 5 mins long. You will come away bewildered about what happened behind the scenes that you never knew existed.

If you are curious about how the MAGA phenomenon occurred and are willing to hear a nuanced explanation then this is for you.

This is more educational than the corporate press

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I have always been amazed at the utter lack of analysis about how we got here in the news. The financial crisis and the Iraq war lies have decimated Americans’ faith in our institutions, in media, and in each other. Thanks David Sirota for breaking it all down.

Finally someone tells the truth about how we got here

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so glad Audible decided to pick up Sirota. This is what real investigatory reporting looks like

fantastic

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So many people have said "how did we get here" even though there are numerous explanations. This is just one reason for the state of our current society and world. This podcast does a great job at drawing a clear line from the causes and events of the financial crisis to the discontent that we've been experiencing, but in an enjoyable and interesting way. There would be no surprises if the vast majority of us engaged with history on a regular basis.

Drawing a clear line

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it's a great limited mini series podcast. Production is great and very timely. This series is a story about the failures of the Obama administration and of congressional Democratic majorities we will probably never see again to do anything to help people because of their ties to the financial industry. We're seeing it play out again as Democrats feign that they don't have the power to do anything.

One of the best podcast series I've listened to

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My husband and I could not stop listening to this podcast. We were absolutely riveted. David Sirota's wonderful writing and interviews finally make what happened in the 2008 financial crisis clear. Highly recommend!

Absolutely captivating

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Everyone needs to listen to this show.

If every voter knew the story of what happened after the 2008 financial crisis, I have to think that we would not elect the same corporate-owned candidates. People feel the betrayal of the Obama admin but this show articulates is so well. Watching BBB gutted before our eyes knowing congress will copy/paste lobbyist language directly into the bill can feel demoralizing. But learning how nurse Lisa Epstein went from being just another person hit with foreclosure to activist was genuinely inspiring. Regular people deserve so much better.

Essential listening

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The best podcast I have heard on this subject, all told in a way that can be easily understood even by those without a banking and finance background.

Excellent!

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Brilliant accounting and case of why our contemporary politics does not serve the people, and how we got here.

Every American should listen to this.

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This is an informative and relevant report on the subject of the 2008 meltdown of the housing market caused by fraudulent banking institutions. Unfortunately, its attempt to draw a line to the election of Donald Trump is not supported by the facts.

For myself, the most engaging parts of the podcast revolved around its two central figures, Neil Barofsky and Lisa Epstein. Ms Epstein especially was so compelling, such an engaging blood hound following every scent available to hit her target.

The podcast is written is the tradition of the best page-turner mysteries, maintaining a high-wire tension while the reader discovers the decisions and outcomes created by two administrations and their respective legislative and judicial counterparts -- most of which were entirely ineffective in keeping people in their homes.

On the other hand, I believe the podcast fails in all areas where David Sirota's radical-left bias trips him up. He gives President Obama no quarter whatsoever regarding his being thrust new to the world stage with both the financial meltdown and two wars on his hands. Why would Sirota think he was not going to defer to insiders such as Timothy Geitner to help him navigate an exceedingly dangerous situation. To do otherwise would have been arrogant, reckless and, if I may say, exude shades of "I alone can fix it".

Although he never actually says it outright, Sirota's implication -- that the country would have pulled through the crisis if we had let all the institutions involved in subprime mortgage fraud (which was all the major banks at the time) just go belly up, while we gave $750 billion to keep foreclosed homeowners in their homes -- is highly counterintuitive and would have been perceived as an extreme miscalculation by the first black president of our country.

Toward the end of the podcast Sirota shows that one of the purposes of the podcast is to cast aspersions on Obama, when he claims that Obama took the steps he did to avoid "offending" the banks -- rather than avoiding the second great depression in our nation's history.

On the other hand, Sirota's calling out of the Congressional Democrats for disallowing cramdown on primary homes rather than vacation homes was spot on -- and Geitner's snarky comments about bankers and their cushy lives after kicking people out of their primary homes should boil the blood of everyone who believes in fairness in our democratic systems.

Finally, the most disappointing part of this podcast (and again most evidence of unjustified bias) is in Sirota's attempt to draw a line from the financial meltdown to the election of Donald Trump. He quotes Keeange-Yamahtta Taylor as saying racism played only a minor role in Trump's election, while the primary reason was the electorate's loss of faith in the Democrats' unwillingness to deliver on their promise to strengthen the social-safety network.

If that were true, why did Republicans in 2020 vote for the party that was against the $15 minimum wage and candidate Joe Biden's promised Covid Relief package? The Republican base has been known for decades to vote against its own economic interests in favor of its cultural interests: ie. deporting "illegal aliens" and ensuring the ethnic purity of their neighborhoods and schools.

As a 71-year-old middle class white woman, I am loathe to say this, but my tribe just has a knee-jerk reaction to Pat Buchanan's "browning of America". They would be most happy if their economic status ( which has improved beyond expectations under the Biden administration), stayed just as it is now, but Biden deported 12 million undocumented people before the end of winter. Democrats would no doubt get 70% of the Republican vote.

Despite its overreach, MELTDOWN is a compelling and worthwhile read, and Sirota is correct in his assessment that the lion's share of the problems it outlines are still crying out for reform.

INFORMATIVE, BUT JUMPS ITS LANE

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