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Secrets Of The Watchmen

Outside Boston, a shuttered mortgage services store. Chris Devers/Planet Money Flickr pool hide caption

toggle caption Chris Devers/Planet Money Flickr pool

Secrets Of The Watchmen

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On today's Planet Money:

We're launching our fourth special this weekend on This American Life — on some stations, you can start hearing it as early as tonight. The show is all about the people and agencies who were supposed to be watching out for the economy, and why all that watching somehow failed to stave off the financial crisis.

Chana Joffe-Walt and David Kestenbaum reveal two fascinating bits you won't hear anywhere else. The first concerns Darrel Dochow, a regulator whose tenure stretched from a bank at the heart of the Keating Five scandal to the collapse of IndyMac. The second is about Mabel Yu, a bonds analyst who tried to warn her company to stop buying mortgage-backed securities.

Plus, an interview with Jon Swan, one of the Harvard students behind the MBA Oath, and a farewell to our fabulous editor Jonathan Kern, who's retiring. He has some advice for you.

Bonus: Deer on the lawn as economic indicator.

Download the podcast; or subscribe. Intro music: Vitamin C's "Graduation (Friends Forever)." Find us: Twitter/ Facebook/ Flickr.

Enlarge the picture and find the deer. hide caption

toggle caption

Enlarge the picture and find the deer.

From the San Francisco Bay Area, Enrique sends the picture above and writes :

We live in a 1000 sq. ft. duplex apartment in a neighborhood of 5000 & 10,000 sq. ft. mansions (not McMansions, this is Mill Valley, CA ... genuine rich people).

One nearby home appears to have been abandoned in mid-renovation as it went from 1950s ranch to 2008 swank. We've seen as many as 8 deer grazing in the back yard of the stalled construction. There's a doe resting at the bottom right below, and the floor-less shell of the house at top left.

It's been suggested that this might've been a 2nd home the owners intended to rent, but the money suddenly ran out.

Half-Built America, y'all. Keep those photos coming, please.

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