This American Life Explains the Financial Crisis in 59 Minutes [Money]
Excellent program. I finally got around to listening to it, and now subscribed to the "Planet Money" blog. The authors help put in plain language the current financial situation.
via Lifehacker by Adam Pash on 3/6/09
NPR radio show This American Life tackled the financial crisis last weekend, explaining the collapse of the banking system in 59 compelling minutes. Photo by wwarby.
For instance, when we talk about an insolvent bank, what does it actually mean, and why are we giving hundreds of billions of dollars to rich bankers who screwed up their own businesses?
If you've got the time to put on your headphones and listen while you finish out the work week, it's a good listen.
Bad Bank [This American Life via Open Culture]
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