Most of the This American Life production staff spent the weekend at Penn State, and found that drinking is the great unifier at the school. Ira Glass, Sarah Koenig, Lisa Pollak and Jane Feltes report on tailgating parties, frat parties, an article of clothing known as a "fracket," and a surprising and common drunken crime.

A few years back, Bill Cotter was a rare book binder who decided to get into the rare book selling business. To do this, he financed his business on a bunch of low-interest credit cards.

Earlier this year, admitted drug user Jorge Cruz decided to act as his own lawyer in an Albany, New York criminal court. Impossibly, he won.

Brandon Darby was a radical activist and one of the founders of the incredibly effective relief organization Common Ground. Michael May reports on how Darby changed from a revolutionary who wanted the overthrow of the U.S. government into an informant working with the FBI against his former radical allies.

The newspaper Military Times did a survey of 2000 active duty servicemen and women, asking them about the new president. Presented with the statement, "As president, Barack Obama will have my best interests at heart," 36 percent agreed...43 percent disagreed.

The same year Penn State was named #1 party school, State College was named the safest metropolitan area in the country. Producer Aaron Scott goes out with a State College police officer to see what it takes to keep it safe.

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.

Ira talks to a woman about a childhood friend of hers who mysteriously shows up after decades, for reasons that are only revealed as their correspondence unfolds.

Ira goes to Chicago's Rogers Park neighborhood to talk to some condo owners who are in a precarious situation—since the housing market crash, the developer who renovated and sold them their units—Haso Meseljevic—has all but disappeared. He's in foreclosure on half of their building's units.

In this act, kids from the after-school literacy program "826" in Brooklyn, Los Angeles, Chicago and Ann Arbor read letters they wrote to Barack Obama. The letters are part of a book the kids published, called Thanks and Have Fun Running the Country.

Producer Nancy Updike speaks with Specialist Lindsay Freeland of the Oregon National Guard about the trips Freeland takes at night in Iraq, providing security for convoys heading to forward operating bases.

Host Ira Glass describes scenes from a rest stop on the New York State Thruway, the Plattekill Travel Plaza, and the kind of people you might meet if you ever stayed long enough to talk with them. These include Robert Woodhill, the general manager, who needs a good sales day so he can beat his friend Andy, who manages a rest stop in Maine, in their weekly competition.

Stef Willen tells Ira about a time that she took matters into her own hands, even though she was only a lowly production assistant on a reality show.

Host Ira Glass talks with Michael Perrino, a law professor at St Johns University School of Law in New York, who wrote a book about Ferdinand Pecora called The Hellhound of Wall Street. Pecora was the lead attorney in the Senate Banking Committee hearings in the 1930s looking into wrongdoing in the banking industry.

Reporter Ted Gesing interviews Mike Nyberg about adopting a little girl from Samoa, only to learn over time that her Samoan family had no intention of giving her up for adoption. The US adoption agency had told the Nybergs that their adoption would be closed, and that their little girl Elleia had been living in a foster home waiting for adoptive parents; but in Samoa, Elleia's parents were told that their daughter could come to the US and receive a better education, and that the adoptive family would send money and regular updates on their daughter's progress.

Rany Jazayerli was thrilled when one of his closest friends, Mazen, was hired by the Obama campaign as the liaison to the Muslim community, in the months before the presidential election. It only took 3 weeks for a newspaper to attack his character, and for Mazen to resign from the job of a lifetime.

Back in November, two weeks after he was elected president, Barack Obama delivered a pre-taped speech to an international conference on global warming that was convened in Los Angeles by Governor Arnold Schwarzenegger. It wasn't Obama's most important speech, but the effect it had on the audience was profound—mostly because they heard it through the haze of the last eight years.

David Rakoff demonstrates—in rhyme—how to make a wedding toast for people you never wanted to see married in the first place. Rakoff is the author of several books, most recently Half Empty.

One day in January Alex French got a call from his mom, saying that she'd been laid off. A few hours later she called to say that so had his dad.

Act two showed us a moment before infidelity occurs. In this act, Dani Shapiro has a story about the confusing mess things can be during an affair.

We catch back up with the people we met in 2008, to see how they've fared over the last 18 months. We talk to Clarence Nathan, who in 2008 received a half million dollar loan that he said he wouldn't have given himself; Jim Finkel, a Wall Street finance guy, who put together and managed complicated mortgage-based financial securities; Richard Campbell, the Marine who was facing foreclosure; and Glen Pizzolorusso, the mortgage company sales manager who led the life of a b-list celebrity.

NPR reporter and Planet Money contributor Chana Jaffe-Walt reports this story of what it really looks like when a bank fails and is taken over by the FDIC. She talks to the former employees and a handful of FDIC staff about the Friday night when the Bank of Clark County was interrupted and closed by 80 FDIC employees, who had every step of their secret operation down to a science.

Hemant Lakhani, an Indian-born British citizen, had been a salesman all his life. Clothing, rice, oil...it didn't matter to him what, as long as he could spin a deal.