Instructify

In my own geeky world of talk radio programs, This American Life adds a little bit more of a storytelling element than most programming on National Public Radio. To me, anyway, the TAL team’s stories can arguably be considered more accessible than NPR. Now it time for me to sit back and let my inbox fill up with a whole bunch of hate. But I will concede this: NPR’s Planet Money podcast has been on fire lately.

So when Planet Money’s Alex Blumberg and Adam Davidson made this episode for This American Life, it was the best of both worlds. They do an excellent of job explaining the breakdown in banking that has occurred and the problems that banks currently face. The acting sounds a bit hammy sometimes, but I think its also hammy on purpose, as though they’re subtly being a bit derisive towards the bad borrowers and lenders.

The Bad Bank episode is a good starting point for students who have questions about what started this whole recession mess. The best part is that Blumberg and Davidson make it understandable for people like me, who — while incredibly smart — still have difficulty getting past the language barrier of business and finance. -NICK YINGLING

This American Life: Bad Bank

Related stuff:

Instructifeature: Four views of the recession…and none of them look that great

Marketplace explains the credit crisis as an Antarctic expedition