kuhf had another episode of This American Life this morning on the banking crises. This one about Bad Banks. The podcast is available for free for a week, so get it while you can :-)
Scary stuff though, really makes you wonder about what to do about some of these big banks like Bank of America and Citigroup. Should we keep them going, or stop pretending and take them over already?
See also the Planet Money and The Baseline Scenario blogs...