Planet Money


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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.


Planet Money: Banks Need More

January 21st, 2009

Episode 86 of 974 episodes

The U.S. government has thrown hundreds of billions of dollars at banks, but the banks say they're still in trouble. What will it take to save them? Simon Johnson, former chief economist of the International Monetary Fund, says about about $1.5 trillion, maybe — whatever it costs for Plan A plus Plan B. Plus: a bank lobbyist can't rule out nationalization, and a report on Treasury Secretary-designate Tim Geithner's confirmation hearing.

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