This video and audio podcast (Inside Job) takes a deeper look into the complex financial instruments that caused all the economic turmoil we see today. Both the NPR Planet Money folks and ProPublica folks do a really good job explaining how all this stuff was constructed and subsequently affected us all. This also gives good background to understand what’s currently happening with Goldman Sachs, ACA, & Paulson.
This American Life: Inside Job (click on the “stream episode” link to play the audio)
Enjoy.
– Dom
Dominic Pruitt 