TAL on the economy

Ever wonder what exactly a Toxic Asset is? Follow the engaging story of Toxie the toxic asset on This American Life.

This is just the latest in a series of amazing reporting on the financial crisis from a radio show that is not generally concerned with what would be traditionally thought of as "news." "The Giant Pool of Money," which started this series, is still the best break-down of what caused the financial crisis that I've seen. And a follow-up piece a year later gave even more perspective.

If you read or hear news about the financial crisis but just don't quite get what it all means, listen to these programs. They're engaging, informative and incredibly entertaining.

More like this

Someone sent me a transcript of part of the appearance of Deirdre Imus on her husband's radio show that's been making the rounds in various discussion groups. I'm glad I don't listen to the show, as this segment might have made me take a baseball bat to my radio, if I had enough neurological…
Monday was the start date for an Affordable Care Act provision aimed at reducing high rates of hospital readmission among Medicare patients. This year, hospitals determined to have excess readmissions for patients with acute myocardial infarctions, heart failure, and pneumonia can lose up to one…
I've simply got too much to do this week to review these articles with the time and thought they deserve, so I'd just like to point them out to you. First, Scibling Bora has written a massive critique of "Investigative Science Journalism." It's well worth a read, but set aside some time for it.…
I'm glad to report that electricity has been restored to the Chu-Carroll household. So now I'm trying to catch up. During the outage, I got a bunch of questions about the latest news coming out of the big financial disasters. A major report came out about the failure of Lehman Brothers, and one…