This Saturday KQED re-aired a fantastic piece explaining in very understandable and enlightening terms the sub-prime market collapse. This is a great piece for anyone - those that are familiar (or think they are) to those that would like to understand what did happen.
I also believe it's a great piece to educate your kids with - entertaining and understandable. Great interpretations of what Greenspan says and what those in the global financial markets hear (much different then what I hear!)
To access the audio file:
Go to this link (archives of "This American Life" Program), scroll down to May 9, 2008.
http://www.thislife.org/Radio_Archive.aspx?year=2008#5
And let me know what you think.
Tracy Pina
Sunday, January 11, 2009
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