An Amazing Explanation of the Banking Crisis

March 2, 2009

Finance

Yep

Yep

The This American Life radio show from Chicago Public Radio produced an amazing explanation of how the banking crisis called, Bad Bank.  It’s 59 minutes long and taught me a lot. It brought together snippets of information that I had and put them into a cohesive picture of what’s going on. It explains everything from bank balance sheets to phrases like toxic assets. Sounds boring, right? It’s not…they do a great job of making it real. And, since all our lives are impacted by this, I’m going to assume you’re interested.

I highly recommend it.

To listen, go to the Bad Bank show and click on the Full Episode link on the left side. Or download it to your MP3 player.

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About Rod Holmes

Rod has been a broker working in Chicago since 2004. He has worked with developers, buyers, sellers, and as well as managing offices. He is currently a partner in Chicago Style SEO working primarily with real estate firms to improve their Internet marketing. Rod lived for nearly ten years in Japan where he owned a corporate training and executive coaching firm with clients including Hitachi and 3M Japan. He lives in Lakeview with his wife and two children. He enjoys coaching and watching his kids participate in sports, cycling, camping, and traveling in general. You can find Rod online on Twitter at @roddesu, Facebook and LinkedIn.

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