Wednesday, March 4, 2009

Understanding the Financial Crisis

So, you want to know more about the financial/housing crisis? I've scoured the interwebs for you to bring you these three links:

1. This short video explains how the mortgage stuff happened . . .

http://vimeo.com/3261363

2. NPR's "Planet Money" podcast recently collaborated with "This American Life" on an hour-long special entitled "Bad Bank" which does a fair job explaining the collapse of the banking system:

http://www.thisamericanlife.org/Radio_Episode.aspx?episode=375

3. If you still need more, "Planet Money" and "This American Life" also collaborated last year on another hour-long special:

http://www.thisamericanlife.org/Radio_Episode.aspx?sched=1242


Do you feel like you understand enough about how financial markets, banks, subprime mortgages and corporate paper work? If not, what do you want to know? What do you read/listen to/watch to find out more about this?

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