The Giant Pool of Money, "This American Life" on How the Subprime Crisis Happened(thislife.org)
thislife.org
The Giant Pool of Money, "This American Life" on How the Subprime Crisis Happened
http://www.thislife.org/Radio_Episode.aspx?sched=1242
4 comments
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"
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"
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.
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.
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.
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.
http://www.npr.org/blogs/money/
It includes parts-in-development of the upcoming This American Life episode referred to by noodle.
this was a great episode. they have another one coming out soon to talk about more recent developments.
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.