Oct 3, 2008
- Cut ThisClip and share your favorite moments
They'll explain what happened this week, including what regulators could've done to prevent this financial crisis from happening in the first place. You can learn more about the daily ins and outs and join the discussion on the Planet Money blog.
- Ira talks with Michael Greenberger, a former commodities regulator, who tells the story of when it was decided not to regulate credit default swaps. And how that decision was emblematic of the way we didn't regulate a lot of the toxic financial products we're hearing about now. (7 minutes)