This American Life producer Alex Blumberg teams up with NPR's Adam Davidson for the entire hour to tell the story—the surprisingly entertaining story—of how the U.S. got itself into a housing crisis. They talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened.

We replay sections from the original "Giant Pool of Money," in which This American Life producer Alex Blumberg teams up with NPR's Adam Davidson to tell the story of how the U.S. got itself into a housing crisis. They talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened.

Alex Blumberg tells the story of citizens who feel perfectly connected to their candidate of choice. Citizens who feel inspired by him.

Alex and Adam's story continues.

Producer Alex Blumberg bought a stock on a tip in 1997. By 1998 it was worthless.

Alex Blumberg tells the true story of Jerry Springer's life before he was a talk show host.

Producer Alex Blumberg tells the true story of Jerry Springer's life before he was a talk show host. It's the story of an idealistic and serious Jerry Springer, a progressive politician, and the most popular mayor ever of a certain American city.

Alex Blumberg talks with sailor Prevon Scott, who stocks vending machines on the Stennis.

Ira with This American Life producer Alex Blumberg, about a kind of institutionalized crybabying in pro basketball called "the flop." Alex started to wonder if the story basketball fans tell themselves about the origins of the flop is true, and turned to Tommy Craggs at the sports blog Deadspin.com.

Alex Blumberg and Adam Davidson tackle a very tough subject: Trying to explain exactly what a bank is and does. They talk to a number of experts about what has gone wrong in banking, but not before bringing us all up to speed on some banking basics, like understanding a bank balance sheet, and a bank's assets and liabilities, and the squishy business of what banks say about their balance sheets compared to what they are.Alex and Adam walk us step by step through the complications of the US government buying up bad assets from banks, and explain why, when it comes to footing the bill, the government might just prefer to not be in charge of the very banks it is having taxpayers bailout.