The Guy Who Helped Blow Up Wall Street

Published April 5, 2009 at 1:55 PM EDT

These days, everyone's looking for someone to blame for the financial crisis. The list is long, and here's another name that could be on it: Michael Osinski.

In the '90s, Osinski wrote a computer program that made it very easy to make a lot of money off of bad mortgages — maybe too easy. After his software was sold to another company, he quit the business and became an oyster farmer on Long Island. Now he's written an article — or perhaps a confession — that appeared in this week's New York Magazine.

Host Robert Smith talks with Osinski about being a trader in the '90s, and whether he saw the crisis coming.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

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