tag:blogger.com,1999:blog-37248244.post6897596494430568015..comments2024-03-08T05:08:55.233-05:00Comments on EYE ON MIAMI: Absolutely, positively: must listen... "Bringing the Hammer Down on Derivatives" ... by gimleteyeGeniusofdespairhttp://www.blogger.com/profile/01105559930040615945noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-37248244.post-23278572839582531642009-06-15T10:28:46.187-04:002009-06-15T10:28:46.187-04:00"Fresh Air" is is heard on WLRN via NPR ..."Fresh Air" is is heard on WLRN via NPR (not PBS). Granted, WLRN is both a public radio (NPR plus others) and public TV (PBS plus others) station. Just know for listeners on 91.3 and 91.5 it NPR. Kudos for posting the archive though!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-3315668456693103912009-06-11T18:59:35.995-04:002009-06-11T18:59:35.995-04:00Let me try to make it simple.
Banks made a lot o...Let me try to make it simple. <br /><br />Banks made a lot of money from derivatives.<br />Derivatives are not traded on an exchange, where transparency is required.<br />As a result, banks could trade just about anything with each other, in the form of debt obligations tied to housing mortgages, without really revealing the true risk behind the underlying mortgages.<br />It was called a shadow Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-68850009337809222942009-06-11T17:06:43.592-04:002009-06-11T17:06:43.592-04:00This American Life had another in their excellent ...This American Life had another in their excellent Planet Money series last weekend, dealing with botched regulation and ratings for derivatives:<br /><br />http://thislife.org/Radio_Episode.aspx?episode=382Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-37248244.post-52105315669499673472009-06-11T15:30:27.774-04:002009-06-11T15:30:27.774-04:00It went over my head, but I tried.It went over my head, but I tried.Anonymousnoreply@blogger.com