This American Life, in a follow-up to its marvelous show from last year, “The Giant Pool of Money,” investigates why the regulators missed the
One of the biggest questions about this financial crisis gripping our economy: How did it happen? Wasn’t someone supposed to watching things? Making sure people were acting prudently? Stopping, say, the largest insurance company in the world from making a 185 billion dollar bet that it couldn’t make good on? This week, we hear the stories of the people who were supposed to be overseeing things.
Follow the link to hear or download the show. Find other This American Life episodes on the economy here.