Friday, October 24, 2014

An interesting watch on @BookTV

It goes without saying that C-SPAN's Book TV has a portfolio of interesting programs.   The latest to wow me is After Words: Jake Halpern, "Bad Paper: Chasing Debt from Wall Street to the Underworld," hosted by author Nomi Prins.

The program is so much more than the description:

A bank executive and a bank robber become business partners in buying uncollected debts for pennies on the dollar and collecting them on their own. According to Mr. Halpern, the collection industry is full of unregulated and questionable practices that can often compound the problems of working class citizens. He talks with author and former Wall Street executive Nomi Prins.

Halpern is a terrific storyteller.   He makes the complex story easy to understand and the program is easy to watch and listen to (huge in my book).   And as a bonus, Halpern provides usable advice to those who have debt and particularly debt in collection.   So take an hour and watch the program.   If you're interested in reading the book, local independent Politics & Prose has Halpern's book on their shelves now.

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