Radio Program Explains the U.S. Financial Crisis (Part 2)
Posted: March 4th, 2009 | Author: admin | Filed under: audio, economic | Tags: banking, credit, crisis, financial, mortgage, nationalization, stimulus, This American Life | 1 Comment »
This American Life – Episode 375: Bad Banks
From the same guys that brought us the “Giant Pool of Money“, another ultra-simple explanation. This time, it’s the quandary that the big bad banks, taxpayers, and U.S. government currently find themselves in, with a dollhouse analogy and a simple balance sheet to introduce the concepts.