"Fresh Air", available on local PBS station WLRN, has a terrific segment with New York Times financial journalist and business columnist Gretchen Morgenson about the enormous jeopardy to the US economy and taxpayers by Big Banks obstructing substantive reform of their most profitable business line: those derivative debt instruments that started the economic crisis in the first place. I agree with Morgenson, 100 percent: that the failure by first Bush and now Obama to deal decisively with the problem has opened the economy to risk of an even greater downturn in the near future. When President Obama says "we are not out of the woods yet", what he fails to add is that the Big Banks that have received hundreds of billions in direct subsidies by taxpayers want more. Morgenson makes this difficult-to-understand topic easily accessible: don't miss it! You can listen to the archive, by clicking here. And when you do, remember our archive "housing crash" details why Miami is the epicenter of the collapse in home market values: this is the place where local and state politics lined up from Wall Street finance to local zoning councils to convert wetlands and farmland into housing tracts that now lie virtually worthless in pools of mortgage backed securities whose costs Morgenson describes so clearly.