The assignment this month is not reading - it is listening. Both assignments are from the Chicago Public Radio show This American Life. The first, called "The Giant Pool of Money," aired on May 9, 2008 and demystifies the chain of events that led to the sub-prime mortgage crisis. The second, named creatively "Another Frightening Show About the Economy" aired on October 3, 2008 and explains the swings in the markets, the bailout, and generally elucidates some of the queer madness we're sorting through day by day. Get some tissues because both episodes will make you want to cry (at least, that's the effect they had on me).
You can get This American Life as a free podcast, but I believe in order to listen to the back episodes, you have to pay for the downloadable file or just plug in and listen free from your computer. You'll find the episodes at http://thisamericanlife.org/Radio_Archive.aspx?year=2008
#355 The Giant Pool of…