The Giant Pool of Money, "This American Life" on How the Subprime Crisis Happened

http://www.thislife.org/Radio_Episode.aspx?sched=1242

by soundsop • 18 years ago

13 8 18 years ago

thislife.org

noodle2• 18 years ago

this was a great episode. they have another one coming out soon to talk about more recent developments.

lalagrande• 18 years ago

it's from a year ago, right?

noodle2• 18 years ago

may 2008.

jcdreads• 18 years ago

There is also the "Planet Money" podcast that the same guys at NPR have been putting together. They've been discussing the most recent parts of the crisis as they unfold; hours of super depressing fun!

http://www.npr.org/blogs/money/

It includes parts-in-development of the upcoming This American Life episode referred to by noodle.

wehriam• 18 years ago

Are their any financial types that have listened to this and can verify their claims?

In typical fashion they did a great job with storytelling and production. However, I hear conflicting reports about some of the underlying causes, including ones they discuss.

kqr22• 18 years ago

These podcasts from NPR's Fresh Air with Terry Gross are also quite illuminating:

http://www.npr.org/templates/story/story.php?storyId=9468642...

"Perplexed by the U.S. economy? You're not alone. Law professor Michael Greenberger joins Fresh Air to explain the sub-prime mortgage crisis, credit defaults, the shaky future of other types of loans and what we can expect from the U.S. financial markets"

DanielBMarkham• 18 years ago

Wouldn't you want an economist for this and not a law professor? It's like having a dentist do a special on heart disease.

kqr22• 18 years ago

Actually, if you check the link, Michael Greenberger previously directed a division at the U.S. Commodity Futures Trading Commission so he does have some experience in finance.

Also, if you listen to the podcasts, he mentions that he teaches a class to law students which covers financial instruments beyond typical stocks and bonds.

The Giant Pool of Money, "This American Life" on How the Subprime Crisis Happened

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