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Decoding Round 2 of the Financial Crisis
Oct 07, 2008

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Kathy Lien

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To listen this recorded sound you will need to have Javascript turned on and Flash Player 9 or better installed.

As you may know, I am a HUGE fan of the public radio show this American Life with Ira Glass.

In this week’s broadcast, he invites two NPR commentators to talk about the economy and the financial crisis.

In this week’s broadcast, he invites two NPR commentators to talk about the following:

1. How did it Round 2 of the financial crisis go down?

2. How are different sectors of the economy affected

3. What are credit default swaps and how did they exacerbate the financial crisis?

4. The mistake of not regulating credit default swaps

5. Is the $700B bailout bill a good or bad idea

Enjoy! Hopefully you will become a fan as well and please let me know if you liked it!

30 Second Clip

Download the Podcast for Free

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365: Another Frightening Show About the Economy

Alex Blumberg and NPR’s Adam Davidson—the two guys who reported our Giant Pool of Money episode—are back, in collaboration with the Planet Money podcast. They’ll explain what happened this week, including what regulators could’ve done to prevent this financial crisis from happening in the first place. You can learn more about the daily ins and outs and join the discussion on the Planet Money blog.


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