Hear: He Nationalized A Bank


Architect's February cover asks, "Fees: How low should you go?" Sent by Connie Holloway hide caption

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On today's Planet Money:

William Isaac says he's the only person in America who has ever nationalized a bank. Isaac, who led the FDIC during the Savings and Loan crisis of the 1980s, doesn't recommend it. (Isaac's WSJ op-ed.)

— Ever since U.S. Treasury Secretary Tim Geithner gave an interview to Planet Money this week, listeners have debated whether he said anything of substance. Now three economists — Amir Sufi, Russ Roberts and Simon Johnson — reveal what they heard.

— Architect Celeste Lewis runs her own shop in Portland, Ore. She says business has almost dried up, and the end may not be far.

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