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Late Night Live - 2008-10-02

from Late Night Live

external site | Download | Recommend | Wed, 01 Oct 2008 14:00

Subprime Solution A conversation with the influential Yale economist about the reasons for the collapsed housing mortgage market in the US, its historical precedents, and its connection to the wider financial industry crisis. Shiller also suggests solutions to avoid another subprime lending disaster. The Kit-Cat Club: friends who imagined a nation For most people a Kit-Kat conjures up a chocolate covered biscuit, and the words from the 1957 TV commercial `Have a Break, have a Kit-Kat'. But the sweet itself was named after a literary club started in 1690s London whose members ambitiously strove...