{"id":1398,"date":"2008-10-08T12:58:50","date_gmt":"2008-10-08T16:58:50","guid":{"rendered":"https:\/\/blacknell.net\/dynamic\/?p=1398"},"modified":"2008-10-07T22:09:17","modified_gmt":"2008-10-08T02:09:17","slug":"this-american-life-another-money-ep","status":"publish","type":"post","link":"https:\/\/blacknell.net\/dynamic\/2008\/10\/08\/this-american-life-another-money-ep\/","title":{"rendered":"This American Life: Another Money Ep"},"content":{"rendered":"

Following This American Life’s extraordinarily well-received Giant Pool of Money episode<\/a>, comes another look at the factors involved in the recent FUBAR’ing of the financial system.\u00c2\u00a0 This episode focuses on:<\/p>\n

[T]he 36-hour period, two weeks ago, when the credit markets froze. Plus, what it\u00e2\u20ac\u2122s like now for businesses to get short-term loans, and how the hardship is spreading to every sector of the economy.<\/p>\n

[ . . . ]<\/p>\n

[On the topic of “credit default swaps”], the show talks with Michael Greenberger, a former commodities regulator, who tells the story of when it was decided not to regulate credit default swaps. And how that decision was emblematic of the way we didn\u00e2\u20ac\u2122t regulate a lot of the toxic financial products we\u00e2\u20ac\u2122re hearing about now.<\/p>\n

[ . . . ]<\/p>\n

Was the $700 billion bailout bill signed into law today a good idea or a bad one?<\/p><\/blockquote>\n

I haven’t heard the show myself, yet*, but it’s been very well received by a number of people that I respect. You can download it for free here<\/a>.\u00c2\u00a0 (It’s free to listen to at the site anytime, and free to download as an MP3 until the end of this week.)<\/p>\n

*I was driving through a part of Massachusetts when it aired. I never would have guessed that there was a a part of Massachusetts that didn’t receive NPR.<\/p>\n","protected":false},"excerpt":{"rendered":"

Following This American Life’s extraordinarily well-received Giant Pool of Money episode, comes another look at the factors involved in the recent FUBAR’ing of the financial system.\u00c2\u00a0 This episode focuses on: [T]he 36-hour period, two weeks ago, when the credit markets froze. Plus, what it\u00e2\u20ac\u2122s like now for businesses to get short-term loans, and how the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"ngg_post_thumbnail":0,"activitypub_content_warning":"","activitypub_content_visibility":"","activitypub_max_image_attachments":4,"activitypub_interaction_policy_quote":"anyone","activitypub_status":"","footnotes":""},"categories":[6,3],"tags":[],"class_list":["post-1398","post","type-post","status-publish","format-standard","hentry","category-policy","category-society"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t