The OneMinuteWonk is a 40MinuteWonk today with my suggestion to listen as Terry Gross (of NPR’s Fresh Air from WHYY) talks with Elizabeth Warren about the $700 billion dollar bailout for the nation’s financial institutions. It is an outstanding and sobering look at how we got here and what lies ahead. From the show notes:

Bankruptcy and commercial law expert Elizabeth Warren explains how taxpayer money is being spent in the financial bailout program. A professor at Harvard Law School, Warren chairs the oversight panel appointed by Congress to monitor the spending of the $700 billion bailout money. The committee issued its first report on Dec. 10.

Listen Now [39 min 46 sec]