Monday, October 6, 2008

The Day the Market Died

If you're anything like me you need several of hours of someone like Matt talking in order to understand things. As Matt is currently otherwise occupied I thought I would share today's alternate source for information on the whole Bail Out/Market Crisis thing.

NPR's This American Life has put together an excellent show explaining how the banks got into the mess they are in, how their epic failure affects everyday people who don't have any money invested in the market, and how the bail out might or might not help. Oh also they managed to do all that without making it sound utterly boring or incomprehensible.

So pull up a chair and crowd the family around the computer or you know join the 21st century and download it to your personal MP3 player of choice. Listen HERE.


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