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This American Life Dips Back Into Mortgage Crisis

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It's baaaack! Remember a year ago when This American Life explained the mortgage crisis in its now classic show "The Giant Pool of Money"? Well Ira Glass has gone for another dip in the pool this past weekend with "Bad Banks", assembling the same team to explain "some banking basics, like understanding a bank balance sheet, and a bank’s assets and liabilities, and the squishy business of what banks say about their balance sheets compared to what they are." [This American Life]