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Sunday, September 21, 2008

America's Credit Problem

I am sure you are all aware of the problems that the financial industry is going through. If you're not, read something! I work for a bank and I get this question all the time.... "what happened?". That can be a very long answer. I would suggest the this link. This is a radio show from Chicago public radio called "This America Life with Ira Glass". Great show, great answer. Check it out.

2 comments:

Wellz said...

I heard this on NPR a little while ago and was frustrated not to finish the last half hour. So thanks for linking this, Spano; this is a great show. In retrospect, the consequences we now face should have seemed so obviously inevitable. But when so many incentives along the way appear so endlessly in sight, really who, with any say, is gonna come out to draw a line. This was really good. Thanks again.

Spano said...

Nate,

Oh how right you are. I am sure we, I, would like to think that we, I, could with stand the allure of filthy lucre but could I?
I would hope. That's quite the test of principle.