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Excellent Resources for Understanding the Current Wall Street Conditions
September 26th, 2008 by Katie McCaskey

Like you, this week I’ve been trying to better understand the major events at Wall Street.

I’ve compiled a list of thoughtful resources that make the entire situation a lot easier for the average person to distill. Here are my favorites:

Video

Geezeo Expert Farnoosh Torabi
and Jim Cramer discuss how this situation affects you as an individual. What should you be doing now to ensure a healthy financial future? Here are five steps.

Paul Solman explains how the mortgage crisis triggered a “domino effect” with other banking insitutions. This is easy to understand without pandering to the audience.

Radio

NPR’s piece “Our Confusing Economy, Explained” breaks it down for the average person. If you can understand how bookies work, you can grasp how this mess started…

Articles

Are you a family of four? “That will be $9,200, please.” MainStreet’s Lyneka Little does a great job of breaking down the amounts everyone will owe.

Cramer: Alternatives to Bank Bailout Are Worse What could happen if the bailout doesn’t take place…

Everything You Wanted to Know About the Credit Crisis But Were Afraid to Ask - Ben Stein presents an easy-to-understand overview of how we got into this mess.

Discussions

As you can imagine, the events of the last two weeks have been discussed across several Geezeo groups. Here are a few:

Economic help! Hot topics, user suggestions
Personal Financial Tips

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