The Giant Pool of Money
September 16, 2008
The Giant Pool of Money. What more do I need to say? If you're interested in what's going on with the global economy (and you should be), and banking in particular such as how 600 billion could just vanish overnight in the form of the bankruptcy of Lehman Bros., then here's the perfect place to start. Just read the transcript and you'll be all up to speed (it's a pdf and linked from the site.)
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http://www.thisamericanlife.org/Radio_Episode.aspx?episode=355