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.
January 25th, 2012
Episode 444 of 902 episodes
It's the 11th hour for Europe's debt crisis. Again.Greece still can't pay back all the money it owes. So it's trying to cut a deal with its creditors. (Again.)We've been wondering for years: Who are the people who loaned money to Greece? Are they suckers? Brilliant investors?On today's podcast we find someone who loaned Greece money: Hans Humes. He runs a hedge fund called Greylock Capital Management. Turns out, his office is just a few blocks away from ours.Humes is one of the guys trying to hammer out a deal with Greece. He explains just how complicated the negotiations are — and how, even among people who loaned Greece money, there are huge divisions.