Showing all posts with the "current events" tag

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. No Comments