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The Financial Meltdown Explained

muertemaria's picture

I am sure all of you already know about this because I am pretty sure, you all listen to NPR and This American Life. If you don't - I highly suggest you go to itunes go to the podcast section and start to download the podcast it is great. A couple of months ago they did a show on the mortgage crisis and what happend with mortgaged back securities it was called "the Big Pool of money". It was really interesting.

A week ago they did a follow up show which expanded on that show into all the other issues the economy is now having called  "Another frightening show about the economy"

Another episode if you have never heard it that is also just amazing is called Habeas Shambeas about Habeas Corpus. 

So I truely recommend you listen to all three ASAP. Go to Thisamericanlife.org Or download it from Itunes which can do from the site.

Another Frightening Show about the Economy - Episode 365 (aired October 2008_

The Big Pool of Money - Episode 355 (aired May 2008)

Habeas Shamabeas - Episode 331 (aired  April 2007)

They also have a list of their favorite episodes and I have heard I think all of them and, they are great. 

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