pension fund problems, demystified

This latest bit of news about New York’s pension fund reminded me of a terrific and very educational podcast by the Planet Money folks. PM is a collaboration between NPR and This American Life that attempts to explain in human language the financial crisis and everything related to it. Some of their pieces you’ve already heard on NPR or TAL. But Planet Money is more conversational, experimental, and just as fun to listen to.

Anywho, a recent episode breaks down the New York State pension fund scandal. A must-listen.