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This American Life - Bad Bank

The collapse of the banking system explained, in just 59 minutes

For instance, when we talk about an insolvent bank, what does it actually mean, and why are we giving hundreds of billions of dollars to rich bankers who screwed up their own businesses? Also, two guys go to New Jersey to look at a toxic asset.

A plain talking podcast on the banking crisis, it's size, challenges and complexity.

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