latoga labs

Technology of Business & Business of Technology

  • About
  • Contact
  • Carbon Lab
  • IoT Lab
  • View latoga’s profile on Twitter
  • View greglato’s profile on LinkedIn

© 2006–2023 · Log in

Global Pools of Money and Sub-Prime Crisis

May 10, 2008 1 Comment

I heard a great story yesterday on NPR’s All Things Considered. It was a story that analyzed the sub-prime mortgage crisis from the aspect of “why did this happen, how could bankers ignore their core tenants when giving out loans”. Global Pool of Money Got Too Hungry was created by in conjunction with This American Life, so they take an interesting view on the entire situation. Well worth the 13 minutes to listen to this report.

Update 20080520: The original story, which is much more expanded, was aired this weekend on This American Life. In my opinion, the story The Giant Pool of Money is something that every American should listen to if they want to understand why banker’s forgot their principal rules of loaning money: make sure the borrower can pay the loan back.

Filed Under: Economy

Trackbacks

  1. Best Analysis Yet of Financial Crisis | latoga labs says:
    October 4, 2008 at 1:38 pm

    […] analysis’ I have heard yet of the current financial crisis.  Back in May I mentioned their Global Pools of Money and Sub-Prime Crisis show.  Today’s show, Another Frightening Show About the Economy, was a continuation of that […]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Human Test: *

Click to cancel reply

About latoga labs

Welcome to the career blog of Greg A. Lato (latoga). Discussing topics around business transformation & disruption, data management, ML/AI, IoT/IIoT, cloud, and technology flotsam.

DISCLAIMER
Everything here reflects my views and opinions and not necessarily the views or opinions of any company, client, employer, or group associated with me.

TRANSPARENCY
I am currently a direct stockholder of AAPL, AMT, AMZN, ANET, BOFI, BRK, COUP, CTSH, DIS, FANUY, FB, GOOG, MELI, MIDD, NFLX, PRLB, PSTG, SHOP, TCEHY, TCX, THO, TSLA, TTD, TWLO, VEEV, WDAY.