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Title:
Our Confusing Economy, Explained (audio, 39 mins 7 secs) - a fantastic, simple explanation of credit derivatives and the shadow banking system
Description:
Perplexed by the U.S. economy? You're not alone. Law professor Michael Greenberger joins National Public Radio's Fresh Air to explain the sub-prime mortgage crisis, credit defaults, the shaky future of other types of loans and what we can expect from the U.S. financial markets. Greenberger is a professor at the University of Maryland School of Law and the director of the University's Center for Health and Homeland Security. Click "Listen Now" near the top of this page.
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