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quade

This American Life: Bad Bank

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GREAT episode that explains in simple terms a lot of stuff about the current bank crisis; what the nature of banks are, how they current crisis got to the point it did, what kinda of plans bankers want to fix it, why banks loaning money right now might not be the right answer . . .

If you're confused about any part of what's going on right now or even if you THINK you know all there is to know, still give it a listen.

Trust me, it's worth the time.

http://www.thisamericanlife.org/Radio_Episode.aspx?sched=1285
quade -
The World's Most Boring Skydiver

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- Good episode though. But... I don't know if I believe that the gov't should buy toxic assets.



It's ok if you don't agree with the final conclusion reached. What I feel is important about the piece is that after listening to it at least you have a better understanding of all the terms being tossed about and the ramifications of the various proposed solutions.
quade -
The World's Most Boring Skydiver

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