BOOM, BUST & BANK BAILOUT
What fueled the housing boom and the bust that followed? Who was hurt? Who benefited? Two student readings explore the issues.
By Alan Shapiro
For discussion and later inquiries
Ask students what they know about the housing boom and bust.
What questions do they have? How might these questions be answered?
- These questions may be answered in the readings; others may be useful later for student inquiries. Make a note of what students are misinformed about; this too might be useful for future inquiries.
The human face of foreclosure
Student Reading 1:
"Bad banking decisions" and who made them
Student Reading 2:
The Senate, mega-banks, rising foreclosures
This lesson was written for TeachableMoment.Org, a project of Morningside Center for Teaching Social Responsibility. We welcome your comments. Please email them to: email@example.com.
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