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Wednesday, March 25, 2009

Understanding the bank crisis

I started with this one - The Giant Pool of Money on NPR's This American Life. It was recommended in The Week magazine and like everything they do, it's very good. Well worth the investment of 59 minutes.

Then Larry's Rolling Stone arrived and, HURRAH, Matt Taibbi has taken on the topic. He created an analysis of the banking crisis that you can actually understand. It's long, but it's edifying. And it's a great read. But you WILL want to strangle someone when you're done reading. You might even agree with Senator Charles Grassley that some Wall Street types should commit hari kari.

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