"Bad Bank" - Radio Program's Compelling Explanation of the Bank Collapse

By
Real Estate Agent with Gentry Realty

Business Piggy Bank 3 by Kamil DratwaAs if we haven't heard enough about the banking crisis, I'm wanting to tell you there's one more article to explore.

Ok... it's not really an article but a program.

It's not on television- it was on the radio.

I've been having conversations with people and decided it would be better just to let people know where to find it.

National Public Radio's program "This American Life" stepped outside the box and tackled a financial story.

...a story we've heard from just about every angle.

The crew explains the collapse of the U.S. banking system & the toxic asset cleanup system in 59 minutes.

Did you miss it? Want to hear it?

It's really easy, because you can click a link or download the podcast.

It's very thought provoking and visits such topics as:

 

  • Who is the bad guy in all this? (hint- it's all of us).
  • Are the largest banks insolvent or just in a bind that will fix itself?
  • What does GDP and personal spending have to do with the mess we're in?

I hope I didn't lose you on that last one... it's one of the most compelling parts.

And it's all explained in language that the average person will find understandable.

It's the best coverage I've heard in a very long time.

Download or web stream the podcast: "Bad Bank MP3"

Download the transcript: "Bad Bank PDF"

This American Life Official Website

Photo Credit: by "Business Piggybank 3Kamil Dratwa

 

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Mirela Monte 03/08/2009 02:29 PM
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Rainmaker
384,961
John Walters
Frank Rubi Real Estate - Slidell, LA
Licensed in Louisiana

Chuck thanks for the link.  I will have to listen to this when I get more time.

March 08, 2009 12:43 PM #1
Ambassador
498,066
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estat

Reblogged and featured on the Optimist group.  Definitely worthy of attention!

March 08, 2009 02:31 PM #2
Rainmaker
329,854
Sharon Lord
Argent Décor - Phoenix, AZ
Argent Décor - AZ Vacation Home Furnishing Service

WHOA!  Just when I *THINK* I'm done listening to the repetitive blame-game, I took a chance on this podcast...glad I did!  Thanks for sharing!

Sharon Kotula
Argent Decor
Phoenix Area Vacation Home Furnishing and Home Staging
www.ArgentDecor.com 

March 10, 2009 10:32 PM #3
Rainmaker
259,789
Mara Hawks
First Realty Auburn - Auburn, AL
Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL

This post has a nice "look"...I like how you spaced out the graphic with the text. I'm going to go listen to the link now---you totally have my attention (and I'm truly a visual learner :-)

March 22, 2009 10:42 AM #4
Rainmaker
506,756
Ann Heitland
RE/MAX Peak Properties - Flagstaff, AZ
Flagstaff Real Estate - Associate Broker, GRI, CRS

I love NPR. I listen to Marketplace every day -- usually the morning after on my Ipod as I exercise. Many great ideas for blogging and much education on that and other NPR programs.

March 24, 2009 10:39 PM #5
Ambassador
717,078
Mike Jones
SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ
Mike Jones NMLS 223495

Chuck,

I listen to NPR religiously every Sunday on my way to church, and again on the way home.  I'm going to have to bookmark this, and listen by computer when I get to the office tomorrow.  Thanks for blogging.

Mike in Tucson

April 03, 2009 01:16 AM #6
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Rainmaker
259,199

Chuck Willman

Realtor - Arizona - 480.292.0600
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