Wednesday, October 15, 2008

The crisis: how it all happened

Financial Meltdown 101 is good explanation by Arun Gupta of how we got into the current financial mess. It's from Indypendent, and was posted on October 13.

1 comment:

madballoonz said...

I will have a look at that one Alan. If you prefer your updates on the go and you can access iTunes, check National Public Radio's (NPR) Planet Money podcast. With an obvious American bias they dissect the meltdown from all angles. Makes fascinating and scary reading. Was lead to this by NPR's excellent This American Life, which did a couple of great 1 hour podcasts following the disastrous chain of events, as well as a much earlier story on the subprime fiasco. Happy listening.