The reporters who did the Giant Pool of Money story have followed up with Another Frightening Show About the Economy. Like the first show, this one is well worth setting aside an hour to listen to–much more worthwhile than the same amount of time spent watching network or cable news on the same subject. The explanations of precisely what frightened the U.S. Treasury and the Federal Reserve into begging for new legislation are especially worthwhile.
Other worthwhile stories on this topic include:
- Was ‘Adult Supervision’ Needed On Wall Street?, from the Fresh Air podcast
- The Wall Street Bailout: A Conflict of Interest, also from Fresh Air
Having listened to a number of episodes of Planet Money, it’s proving to be a good podcast. Each one is a lot shorter than the stories I mentioned earlier, so they’re especially convenient if you haven’t got a lot of time.