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Bad Bank Podcast

by Corianna

This weekend, while cooking soup for the kasina Soup Collective, I played podcast catch up, and came across an interesting take on the financial crisis produced by Chicago Public Radio. It was a worthwhile 50+ minutes because:

• It's a well-done podcast (click here for other well-done podcasts); an example of what asset managers should be providing for advisors and clients. If you listen, you'll see that the producers manage transform opaque issues into something:
  1. Accessible
  2. Entertaining
  3. Personal
  The tone is realistic, but also kind. It leaves the listener informed, but not hopeless or panicked.
• I learned something new; you might too. Among other things, the podcast makes an interesting point about bailout money and the current crisis: given bank balance sheets, banks might be right to be weary of dolling out dollars to prospective borrowers.