This podcast does a nice job of explaining the banking crisis. I used it in class today to help the kids understand how bankers make money and why they are not currently "solvent".
Sent to you by Mr. T via Google Reader:
via This American Life by Chicago Public Radio on 3/1/09
Alex Blumberg and NPR's Adam Davidson team up once again to talk economy: specifically, the US's current plan to deal with banks, why the plan looks suspicious and what it all amounts to.
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