David Sedaris tells true stories of photographers who try to take pictures of him which will make him seem more "wacky" than in fact he is, interlaced with a fictional depiction of what one of these photographers is like.
David Rakoff takes us inside the world of a Greek family-owned ice cream parlour, and what he learned about the husband and wife and son who owned it...and what he didn't figure out until later.
David and Chana buy a toxic asset, from a guy named Wit Solberg, who used to work on Wall Street and now helps small banks who've been saddled with toxic assets. Turns out...it's hard to buy a toxic asset.
A mortgage broker named David Philp discovers that his old punk band from the 1970s is hot in Japan. He decides to leave corporate life and revisit his teenage years by going back on tour, playing music for the first time in two decades.
In the 1970s, Dave Kestenbaum's cousin Dan Weiss got promoted from stocker to gift shop manager at the Kennedy Center for the Performing Arts in Washington DC. It was a good job... except for the fact that the place was bleeding cash because of apparent embezzlement.
We hear what the New York Fed and Goldman Sachs say about all this. We hear a New York Fed supervisor tell Carmen Segarra how an examiner should talk and act to be successful at the Fed.
Alex Blumberg and NPR correspondent (and "Planet Money" reporter) Dave Kestenbaum examine what went wrong with the credit ratings agencies. When all these financial instruments that brought down our economy—the mortgage backed securities, the derivatives—were originally issued, the rating agencies (Standard and Poors, Moody's and Fitch) gave many of these things their top rating of triple-A.
Ira introduces Carmen Segarra, a bank examiner for the Federal Reserve in New York who, in 2012, started secretly recording as she and her colleagues went about regulating one of the most powerful financial institutions in the country. This was during a time when the New York Fed was trying to become a stronger regulator, so that it wouldn't fail to miss another financial crisis like it did with the meltdown in 2008.
To get a sense of what really is true of Apple's working conditions in China, Ira talks to New York Times reporter Charles Duhigg. Duhigg, along with Times reporter David Barboza, wrote the newspaper's front-page investigative series in early 2012 about this subject.
Alex Melamid and Vitaly Komar hired a polling firm to investigate what people want to see in paintings. Then, using the data, they painted what people want.
The story of a con man, one of the most successful salesmen in a long-running multimillion-dollar telemarketing scam, who finally got caught when he was conned himself. Nancy Updike talks about the case with Dale Sekovich, Federal Trade Commission investigator.
Producer Alex Blumberg tells the story of an ex-con-turned-actor named Richie Castellano. After a bit role in the movie Analyze This, he moved to a small town and got dozens of people to invest money and time in a movie that never premiered.
The dramatic conclusion to Laura and Alex's search for information about Intellectual Ventures, and the inventor they claimed they were helping, Chris Crawford. The story turns out to be different than the one Intellectual Ventures originally told.
A small-town mayor tries to keep a developer from building in his town...and it results in the kind of snowballing fiasco by the end of which the town literally doesn't exist anymore. Alix Spiegel tells that story, which she produced with funding from the Corporation for Public Broadcasting.
There's a derogatory term in Silicon Valley for companies that amass huge troves of patents and make money by threatening lawsuits: "patent trolls." When Jeff Kelling's Internet company Fototime was sued - along with more than 130 other companies - for violating someone's patent, he wondered if it was a troll (which the company denies), and then settled out of court.
NPR reporter Laura Sydell and This American Life producer/Planet Money co-host Alex Blumberg tell the story of Intellectual Ventures, which is accused of being the largest of the patent trolls. The investigation takes them to a small town in Texas, where they find a hallway full of empty companies with no employees.
NPR reporter Laura Sydell and This American Life producer/Planet Money co-host Alex Blumberg tell the story of Intellectual Ventures, which is accused of being the largest of the patent trolls. Executives at Intellectual Ventures insist they are not trolls, but rather, promoters of innovation.
Host Ira Glass introduces the story of the New United Motor Manufacturing Inc., aka NUMMI. In 1984, General Motors and Toyota opened NUMMI as a joint venture.
Host Ira Glass talks about the infamous line in the band Van Halen's contract insisting that the groups' dressing room include a bowl of M&Ms with all the brown M&Ms removed. Ira used to think this request was just petulant rock-star behavior.
Host Ira Glass talks about the infamous line in the band Van Halen's contract insisting that the groups' dressing room include a bowl of M&Ms with all the brown M&Ms removed. Ira used to think this request was just petulant rock-star behavior.
The formula for Coca-Cola is one of the most jealously guarded trade secrets in the world. So we were surprised to come across a 1979 newspaper article with what looked like the original recipe for Coke.