Sunday, September 26, 2010


With all do respect to Professors DeLong, Krugman and company, probably the best piece of reporting you'll find on the recent wave of self-pity among the wealthy is this revealing and appalling segment from the This American Life episode, "Crybabies":

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. (14 minutes)
The episode is available for free download this week (though you might feel a little better about yourself if you donate a buck or two).

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