randomness: (Default)
Randomness ([personal profile] randomness) wrote2008-10-08 05:38 pm
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The folks at This American Life have done it again.

Some weeks ago, I posted about their story on The Giant Pool of Money, covering the origins of this crisis in the mortgage-backed securities markets.

Now that the story has moved on to credit-default swaps, and the freeze-up of the financial markets, they've done another story, rather bluntly called "Another Frightening Show About the Economy". It's pretty good, too.

As with the previous show, it's only available for free download for a limited time.

(Thanks to [livejournal.com profile] belfrynotes for the pointer!)

Wow.

[identity profile] ddreslough.livejournal.com 2008-10-08 11:06 pm (UTC)(link)
I'm sure glad I don't understand most of this...I'd be scared.

Around here, "breaking the buck" gets you 40 pounds of steaks, 30 pounds of sausage and a stuffed and mounted head for over your fireplace. ;)

Re: Wow.

[identity profile] digitalemur.livejournal.com 2008-10-09 02:26 am (UTC)(link)
I second that.

[identity profile] xse99.livejournal.com 2008-10-09 01:23 am (UTC)(link)
w00t!

[identity profile] killer-mango.livejournal.com 2008-10-09 03:57 pm (UTC)(link)
The boy and I found this super helpful, and its free forever:

http://bloggingheads.tv/diavlogs/14744

Its about and hour long but super nifty.