This is an outstanding radio programme, and very, very funny.
Chicago Public Radio - The Giant Pool of Money.
It's also very sad.
It makes a good follow-on from the Paul Krugman lecture I posted in March. Here we get down to the actual people, all along the chain, and what on earth they were thinking.
Via Calculated Risk. Where, in the Comments, someone mentioned "the guys in the tranches".
Hola MsHedge...
ReplyDeleteI listened to the entire Paul Krugman lecture...and am downloading this one now...looking forward to hearing it...
Thank you ma'am...
Very good.
ReplyDeleteBut my favourite is still John Bird and John Jortune's The Last Laugh