Betting Against the American Dream
On April 9th, 2010, the National Public Radio program This American Life aired a provocative radio program that traces the history of Magnetar, a hedge fund that came up with an elaborate plan to make money by sponsoring the creation of complicated and ultimately toxic securities…while at the same time betting against the very securities it helped create. If you have an interest in learning more about what drove our financial system to brink of ruin, I strongly encourage you to listen to this very intersting radio broadcast. Click the photo at right to stream the April 9th, 2010 This American Life episode.