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For those CBS Evening News viewers who are also public radio listeners, the appearance of Raj Bathia and Albert Behin should have struck a chord of recognition. They are the pair of real estate speculators from New Jersey that WNYC's Lisa Chow introduced us to in the Bad Bank special from Adam Davidson and Alex Blumberg last weekend. Raj and Albert are likely lads, snatching up soon-to-be-foreclosed mortgages at 45c on the dollar and then reselling the property back to the struggling homeowner with discounted monthly payments. Anthony Mason filed his approving profile of the fire sale pair, telling us that "the housing market will not find a bottom until the banks' toxic assets find a new home." Was Mason aware of them already before this weekend's radio show? If not, the question of journalistic ethics is whether This American Life deserved a tip of Mason's hat as part of his CBS report.
Andrew Tyndall 3/4/09 10:43:51 pm

how do I reach Mr. Bhatin and Behin? I would like to discuss selling my mortgage to them. Phil
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