From http://www.npr.org/blogs/money/2009/02/hear_pay_up_or_else.html#more (Ha! I figured out their .mp3 path from XHR data.)
Also huffduffed as…
An airline, the price of oil and the financialization of the global economy. On today’s show, author and former banker Satyajit Das talks about his career and the trouble with the rise of finance.
Bernie Madoff woke up in jail today, after pleading guilty to 11 charges stemming from an enormous Ponzi scheme. How enormous? The most recent court documents put the figure at $65 billion. (NPR’s Jim Zarroli describes the courthouse scene.)
In another amazing Planet Money Radio Dramatization, Alex Blumberg, Adam Davidson and David Kestenbaum act out a Ponzi scheme of their own.
With a cameo by Harvey Pitt, former chair of the Securities and Exchange Commission, who suggests that the estimate of $65 billion is "badly inflated."
"If any single human being stands at the center of the global economic crisis, it’s U.S. Treasury Secretary Tim Geithner. This afternoon, Geithner took his hands off the intricate machinery long enough for an interview with Adam Davidson." From http://www.npr.org/blogs/money/2009/02/hear_geithners_stress_test.html