The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
March 26th, 2010
Episode 255 of 974 episodes
The FDIC swoops in and closes a failing bank. Then what? Last year, Chana Joffe-Walt told the story of a bank failure. In today's podcast, she follow up with the main players. The FDIC guy who closed the bank down gets choked up when he thinks back on it. And Todd Zalk — who was so connected to his job that he wore his bank name tag months after the bank closed — describes how it felt when a former colleague pleaded guilty to hiding bad loans.