
I've been listening to the NPR Planet Money podcasts about the financial crisis. Thought people might find this one particularly interesting. It shows the connection between a school district in Wisconsin, a German bank based in Ireland, and city finances in Philadelphia. Depressing but intriguing. Basically we're all screwed -- even if you don't own stock -- and this podcast shows the implications for all of us.
http://www.npr.org/blogs/money/2008/11/hear_a_tale_of_intertwined_mis.html |