Submitted by eliot2000 on 10/05/08

I know, the title: sensationalist or just plain inaccurate.

But, the hosts of a podcast called “This American Life” really do do a good job of breaking it down for everyone to understand.  So yeah, if you have an hour, just listen to it.

365_lg Understand the 700 Billion Bailout in Sixty Minutes.

You’re not tired of this topic yet, right?

Original Description:

Got an hour? This week’s “This American Life” podcast has a compact and comprehensive description of our current crisis, from credit default swap knitting, to the collapse of the commercial paper market, that normal people can understand. It might change your mind on the bailout. Or not.

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