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#45 Planet Money: Where It All Started

#45 Planet Money: Where It All Started

Planet Money vor 17 Jahren

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Imagine this whole darned economic crisis, or at least a major strand of it, started at a pink hotel in Boca Raton. A bunch of bankers from JP Morgan met there in 1994 to consider the future, and decided credit derivatives were it. Gillian Tett, the Financial Times writer and author of Fool's Gold, says the rest is history, miserable history.

Plus: A mom tells about being forced to choose between giving up a job and living part of the week away from home.