Planet Money: The new program already has its critics, but Columbia Business School professor and former investment banker David Beim isn't one of them. Beim says he thinks it's a good plan for the country.See Beim's scary GDP chart here.
Listen in and understand how it works at Planet Money. The plan is somewhat brilliant because it allows the market to price these toxic beasts.
Bailout Sleuth also has a good explainer. Fingers crossed.
