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Planet Money

In 2008, after our Giant Pool of Money show, Alex Blumberg and Adam Davidson started Planet Money as a co-production of our show and NPR News. They have a thrice weekly podcast and a blog and http://www.npr.org/money.
There are 13 results

Prologue

Host Ira Glass explains how the Planet Money team spent a thousand dollars of their own money to buy a toxic asset, and introduces Planet Money reporters David Kestenbaum and Chana Joffe-Walt. Their stories about "Toxie" have appeared on the Planet Money podcast and daily public radio news shows, and are collected here for the first time, into one epic, Dickensian tale.

Act One: Fire Sale in Kansas City

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.

Act Four: Villains And How To Sue Them

David and Chana meet another toxic asset owner, like themselves. Only difference, David and Chana bought theirs after it was already toxic, for a steep discount, 99% off.

Act One: Wall Street: Money Never Weeps

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.

Act One: 10,000 Brainiacs

Adam Davidson and Chana Joffe-Walt from Planet Money follow one Haitian farmer, with the modest crop of two mango trees, through a byzantine system of aid agencies, NGOs, and government bureaucracy as the farmer tries the impossible—to get some plastic milk crates to store and transport her mangoes. Planet Money is a co-production with NPR News.

Act One: Eat My Shorts

A hedge fund named Magnetar comes up with an elaborate plan to make money. It sponsors the creation of complicated and ultimately toxic financial securities...while at the same time betting against the very securities it helped create. Planet Money's Alex Blumberg teams up with two investigative reporters from ProPublica, Jake Bernstein and Jesse Eisinger, to tell the story.