Sep 24, 2010
Crybabies are annoying. They whine, they complain, sometimes they ruin it for the rest of us. But being a crybaby can be a really effective tactic. We have stories of crybabies in sports, in politics, on Wall Street, on the streets of California, including a new story by David Sedaris.
In the original broadcast of our Crybabies episode Adam Davidson incorrectly stated that Stephen Schwarzman’s company, the Blackstone Group, benefited from Treasury Department contracts related to the bailout of Wall Street. They did not. Blackstone did directly benefit from the bailout in several ways—including a $107 million commitment to a bank they own, BankUnited. We regret the error.
- Ira with Planet Money economics correspondent Adam Davidson on why—even after everything President Obama has done to save Wall Street, actions which have led to record profits and bonuses—Wall Street seems ungrateful. Adam and producer Jane Feltes head out to a Wall Street bar where they're told by three finance guys that there's no reason to thank the President for saving their jobs. Planet Money is a co-production of This American Life and NPR News. (16 minutes)Song:
- Ira with This American Life producer Alex Blumberg, about a kind of institutionalized crybabying in pro basketball called "the flop." Alex started to wonder if the story basketball fans tell themselves about the origins of the flop is true, and turned to Tommy Craggs at the sports blog Deadspin.com. (11 minutes)
- In California, a kind of crybaby cottage industry has popped up around, of all things, the Americans with Disabilities Act—the federal law that requires all public places to meet a minimum level of accessibility. Some people make a living by suing business owners for not being up to code. Alex MacInnis hung out with one of them. (16 minutes)