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Why I love This American Life
My last year in law school, I just happened to take Banking Law and Secured Transactions. I learned all about mortgage back securities, tranches, commercial paper, and lots of other stuff. So, when the sub-prime lending market went down the tubes, I felt like I had a semi, kind of, sort of understanding of what was happening. But as it got worse and worse and more and more confusing, I happened across a podcast from This American Life called The Giant Pool of Money. A joint effort from This American Life and NPR, it did an amazing job of explaining exactly what was happening and what caused it. I thought it was fantastic and apparently so did the New York Times.
Well, the same people have come together again to discuss this current crisis. I have to say that I have a much better understanding of the whole thing, why it is serious, and what is going on. Still scary and still huge, but at least I have an idea. The new show is Another Frightening Show About the Economy and while it is frightening, it is also very informative.
Well, the same people have come together again to discuss this current crisis. I have to say that I have a much better understanding of the whole thing, why it is serious, and what is going on. Still scary and still huge, but at least I have an idea. The new show is Another Frightening Show About the Economy and while it is frightening, it is also very informative.