I don't have television anymore, but I do try to keep up with the news using online news feeds, podcasts, and the like. Despite all of this, I still had a hard time figuring out this economic situation. I've had a very hard time finding any sort of comprehensive summary online or anywhere else.
So whats going on? The best summary I have been able to find is a set of podcasts from Chicago Public Radio. I've included links below where you can download the podcast or transcripts.
This podcast is from May and summarizes how everything started.