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.
June 1st, 2009
Episode 141 of 911 episodes
Congratulations, Americans, you're on the road to car company ownership. General Motors filed for bankruptcy protection today, in a deal that calls for the U.S. government to own 60 percent of the automaker. That works out to something like $192 per taxpayer. NPR's Frank Langfitt says two big questions remain: When will GM make money again, and how much will the United States lose?