Planet Money


Business, News & Politics

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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.


#175 Planet Money: When BB+ Is A Bad Grade

May 7th, 2010

Episode 267 of 974 episodes

First, an NYU finance professor talks about yesterday's wild market swings. Turns out, a sort of "circuit breaker" that's supposed to settle the market may have backfired. Then, we go behind the scenes at Standard & Poor's to answer a question that's been on our mind lately: How do you rate a country? Also answered in the podcast: Do agencies think twice before lowering a country's rating to junk?

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