Tags / meltdown

Tagged with “meltdown” (5) activity chart

  1. This American Life - Bad Bank

    The collapse of the banking system explained, in just 59 minutes. Our crack economics team—the guys who explained the mortgage crisis, Alex Blumberg and NPR’s Adam Davidson—are back to help all of us understand the news. For instance, when we talk about an insolvent bank, what does it actually mean, and why are we giving hundreds of billions of dollars to rich bankers who screwed up their own businesses? Also, two guys go to New Jersey to look at a toxic asset.

    Other shows on the financial crisis: Giant Pool of Money and Another Frightening Show About the Economy. And you can get daily updates about the financial crisis on Alex and Adam’s Planet Money podcast and blog.

    —Huffduffed by Clampants one year ago

  2. DocArchive: Assignment - Rating the Credit Ratings Agencies from Documentaries

    Who’s responsible for our current economic meltdown? Financial institutions around the globe are now sitting on mega losses – they hold assets worth a fraction of what they paid for them. But one set of organizations – credit rating agencies - gave these institutions false confidence to buy these assets. So are the Credit Rating Agencies the real villains?

    —Huffduffed by norelpref one year ago

  3. Niall Ferguson - The New World of Finance

    Financial historian Niall Ferguson knows humanity’s long trail of boom and bust cycles. But he is hardly buried in the past.

    In the long run-up to today’s crisis, Ferguson was warning loud and clear that we were headed for trouble. He called it early, and he called it right.

    Now, Ferguson is sizing up the mess we’re in. Bottom line guess, he says: we’re headed for ten percent unemployment and five-plus years of hard times.

    On the other side, the world could look quite different. But the U.S., he says, still has some good cards to play. Saving graces.

    This hour, On Point: Niall Ferguson, and the big view of the mess we’re in.

    http://www.onpointradio.org/shows/2008/11/the-new-world-of-finance/

    —Huffduffed by Clampants one year ago