Tuesday, June 09, 2009

Broke planet

When This American Life, broadcast on NPR in the U.S. but I listen to it via podcast, announced its series on the global financial crisis, I was a little skeptical. The show's quirky existentialism seemed better suited to stories about a guy who couldn't commit to buying a sofa or a mother who had lied to her daughter about being swapped with another child at birth. They shouldn't be doing... business stories.

Boy, was I wrong. Their coverage of what went bang on Wall Street has been fascinating and devastating. This week's edition (you can listen to online or download it free for a week, then it goes pay), The Watchmen, had me swearing aloud while I listened at the gym. What other show would call financial regulators all over the world looking for the one that was responsible for the AIG collapse?

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