099 Credit card 21 Oct 2010
Thu, 21 Oct 10
Duration: 14 mins
A plastic credit card. Neil MacGregor, Director of the British Museum, explores the changing role of money in the modern world by looking at a Shari’a compliant credit card. How is modern banking adapting for new markets and what are the moral issues confronting global finance? With contributions from Mervyn King, Governor of the Bank of England, and Razi Fakih of HSBC bank.
A group of people tried to fix a problem, but wound up creating a banking monster.
http://www.npr.org/blogs/money/2012/06/12/154876489/episode-378-how-spain-created-a-banking-monster
Planet Money returns to the "explainer" show type and digs into the risks (current and post-reform) in putting money in a bank.
"On today’s Planet Money we take a closer look at proprietary trading, which is under attack by the latest proposal from the Obama administration. The new banking regulations proposed by the president call for a ban on commercial banks engaging in potentially risky trades with their own funds— or, in some cases, your funds. So we called up MIT Sloan School of Management professor Andrew Lo to shed some light on the murky world of ‘prop trading’, as the cool kids like to call it."
From http://www.npr.org/blogs/money/2010/01/podcast_gambling_with_house_mo.html
Professor Mark Dodgson from the University of Queensland’s School of Business talks about digital money, a technology that has changed the way we are able to conduct business transactions.