Break the debugger on assertion failed
In addition to Vinay's solution, you can start the debugger for a specific process by calling
Debugger.Break
In your case you could do it every time the listener receives a failure message.
Stupid me, the solution was simple. When the window pops out, press pause in debugger :)
Not sure about VS 2008, but in at least 2010 and later, you can go to Debug/Exceptions (Ctrl-Alt-E). Click the "Add" button, choose "Common Language Runtime Exceptions", and type:
Microsoft.VisualStudio.TestTools.UnitTesting.AssertFailedException
and hit "OK". It will now appear on the list, make sure you check the checkbox in the "Thrown" column. You will now get a break on any assert failure.
Updated: screenshot from VS 2017
It seems that you can attach the Debugger when assertion fails to see other details - see this article: http://blogs.msdn.com/b/davidklinems/archive/2005/08/29/457847.aspx. Its quite dated but perhaps still applicable.