Thursday, October 09, 2008

The Giant Pool of Money --- from "This American Life"

I enjoyed and learned a lot from This American Life's episode "The Giant Pool of Money" which could also be entitled "The Anatomy of a Lending Crisis".

It tells how a loosely regulated financial industry managed to bring the worlds markets to their knees using the voices of all involved: home buyers, storefront lenders, and Wall Street titans now struggling to survive.

Transcript (PDF)

Hear the Audio
digg story

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