acronym PIGS. Should a player land on one of these spots on
closing on their mortgages. The final element of the game that
the board game, they are required to pay a “bailout” fee and
was detourned was the Luxury Tax space, which was changed
this fee reflects the severity of the countries underlying debt.
to Goldman Sachs. Should a player land on this space they are
The “Go To Jail” spot on the board game has been changed to
required to pay a “kick back” to Goldman Sachs and must pay
“Go To Tent City” and the “In Jail” spot has been changed to
the Bank $100. Goldman Sachs has been identified as one of
“Tent City”. These spots were “detourned” to highlight the
the main contributors to 2008 housing market crash because of
impact the financial crisis had on individual families, and how
the unethical subprime, mortgage backed securities they sold
it has forced many people, who used to own their own homes,
to other financial institutions throughout the world. They
to now live in tent cities throughout the United States. Both
were also accused of “betting against or hedging” those se-
the Chance and Community Chest cards have been changed to
curities they sold to other financial institutions because they
represent the financial consequences and challenges that many
believed that the securities would fail and lose value. Gold-
American households felt after the market crash. These in-
man Sachs amounted huge profits from those transactions and
clude paying health care premiums, banking fees, income tax
faced intense SEC investigations into those activities.
payments and in the most extreme case declaring bankruptcy.
As society and capitalism continue to clash, society is at-
The Utilities on the original Monopoly board game were
tempting to stand up and challenge the economic system that
changed to the US government agency that was responsible
has evolved. Movements like Occupy Wall street, Greece’s
for overseeing and insuring mortgages throughout the United States. Fannie Mae, Freddie Mac were both held accountable and responsible after the housing market crash, for helping to fuel the housing market bubble. These two agencies required a bailout from the government after homeowners began foreTent City Images of the Tent City in Reno Nevada after the 2008 bursting of the US housing bubble. This was scene was common for many cities in the US that were directly affected by the housing bubble .