How Banks Work

If you’re anything like me (and apparently Ira Glass as well), you tend to tune out  when the newsfolks start their bank crisis talk.  I was skeptical that even This American Life could pull off a clear enough explanation that I might begin to make sense of all this “toxic asset” talk and the like, but pull it off they did. Here’s a link to their page with the audio. You can also download a transcript…

Last updated on March 9th, 2009. Tags: , , ,
Posted in Explainables, Reviews

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