The Giant Pool of Money

[ravenproject]

Today seems like a good time to point people to a pair of very interesting stories which ran in May on NPR.

Short version from All Things Considered: Global Pool of Money Got Too Hungry

Long version from This American Life: The Giant Pool of Money (transcript)

If you have the time, I highly recommend the full version. It brings the whole mess down to

Comments

[exquiscadavre]

The Giant Pool of Money is an excellent explanation of stuff I learned over the past seven years, working with capital markets traders. I highly recommend it.

[heterodox_gypsy]

Hey, this is Amanda, former username camarilla_girl. I just wanted to let you know this is my new LJ username and you've been added as per your request! Thanks! <3!