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#09 Planet Money: Sink or Swim

#09 Planet Money: Sink or Swim

Planet Money vor 17 Jahren

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Citigroup spent the weekend in talks with the U.S. government over a plan to convert the taxpayers' holdings from preferred to common stock. Rolf Winkler of Option Armageddon walks guest host Uri Berliner through what that means.

Plus: Janos Samu of Concorde Securities gives a brief history of Europe's own subprime crisis. And PTA president Caroline Raye makes up for shortcomings at an elementary school in Gainesville, Fla.