Saturday, October 11, 2008

The Bailout and Why it was Needed.

Get smart this weekend. National Public Radio has a long-running radio show called "This American Life" that is entertaining, thought provoking and just plain excellent. I downoad it automatically from I-Tunes and listen when I am driving in my car. Last weeks show was about the financial meltdown and the bailout and it is one of the best explanations of the entire mess and how it occurred. Listen and learn.


Anonymous said...

This is a very informative podcast. Thanks for the link. ML

Rich said...

This is a good show - I listen whenever I can. iTunes eh? what a great idea!!!!

Jonathan said...

Unfortunately, your link now points to the current podcast. I suspect the episode you were referring to was The Giant Pool of Money, which can be directly linked to here. This is one of the most cogent explanations I've heard yet about the technical origins of the credit crisis.