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Meet The McKinneys » Entries tagged with "Giant Pool of Money"

What is a Credit Default Swap?

What is a Credit Default Swap?

For over 2 years, the world (or at least the people in my world) have been asking for answers to why the economic system melted down. One of the best explanations of the systematic failure is in this radio story, “The Giant Pool of Money”, found on ThisAmericanLife.org. For those of you NOT in the know, ThisAmericanLife.org is a Radio show that airs on NPR.org. It also comes as a free podcast and can … See more »

Filed under: Banking Bits