This lesson explains leverage and insolvency and why it is good or bad. [Banking, Money, Finance playlist: Lesson 10 of 24]

This lesson tells how banks can give out loans without ever giving out gold. [Banking, Money, Finance playlist: Lesson 7 of 24]

This lesson talks about how money is created in a fractional reserve banking system. [Banking, Money, Finance playlist: Lesson 4 of 24]

This lesson explains reserve requirements and how they limit how much lending a bank can do. [Banking, Money, Finance playlist: Lesson 8 of 24]

This lesson introduces bank notes and how you are more familiar with them than you realize. [Banking, Money, Finance playlist: Lesson 5 of 24]

This lesson introduces the ways that banks make money. [Banking, Money, Finance playlist: Lesson 1 of 24]

This lesson is an introduction to the income statement of a bank, and to income statements, in general. [Banking, Money, Finance playlist: Lesson 2 of 24]

This lesson discusses the idea of a reserve bank. [Banking, Money, Finance playlist: Lesson 11 of 24]

This discusses fractional reserve banking and the multiplier effect. It is also an introduction to the money supply. [Banking, Money, Finance playlist: Lesson 3 of 24]

This lesson idiscusses how bank notes and checks can be used. [Banking, Money, Finance playlist: Lesson 6 of 24]

This lesson talks about the pros and cons of various banking systems and talks more about using gold as a standard. [Banking, Money, Finance playlist: Lesson 18 of 24]

This lesson explains how reserve ratios limit how much lending an individual can do. [Banking, Money, Finance playlist: Lesson 9 of 24]

This lesson explains the weak points of fractional reserve banking. [Banking, Money, Finance playlist: Lesson 22 of 24]

This lesson continues the discussion of fractional reserve banking. It further discusses the FDIC, deposit insurance and its side effects. [Banking, Money, Finance playlist: Lesson 23 of 24]

This lesson is a summary of thoughts of why Fractional Reserve Banking is a subsidy to banks and allows them to arbitrage the yield curve. [Banking, Money, Finance playlist: Lesson 24 of 24]

David Boeri reports on the Bank of Boston's new mortgage program for lowand moderate-income city residents. Boeri's report includes footage of Ira Stepanian (President, Bank of Boston) and Robert Mahoney (Bank of Boston) announcing the new program to the media at a press conference at a Roxbury branch of the Bank of Boston. Boeri reviews the terms of the program. He notes that many houses in the area are not eligible for the program because their sale prices are too high. Boeri interviews Diana Strother (Roxbury resident), who says that many residents do not make enough money to take advantage of the program. Boeri interviews Leon Wilson (Bank of Boston) about the terms of mortgages under the program. Boeri notes that the units in the Fort Hill condominium complex are too expensive to qualify for the Bank of Boston program. Boeri interviews Alvin Wilkins (Boston resident) and Eve Moss (realtor) about housing prices in the area. Boeri also interviews Bruce Marks (Hotel and Restaurant Workers Union). Marks calls the Bank of Boston program a 'public relations scam' because it does not truly help low-income residents. Boeri's report includes shots of the Fort Hill condominium complex.

An analysis of the conflict between liquidity and profitability with which banks have to contend.

Christy George reports that poor neighborhoods lack access to banking services. George notes that banking leaders met with community leaders today to announce an agreement that will provide better banking services to poor neighborhoods. George reviews the details of the agreement, which will provide bank branches, loans, and increased investment to poor neighborhoods. George's report includes footage of the meeting of banking and community leaders. Richard Pollard (Massachusetts Bankers Association) says that redlining did not take place in the 1980s. Charles Stith (Organization for a New Equality), Bruce Bolling (Boston City Council), Willie Jones (Community Investment Coalition), John Hamill (Shawmut Bank), and Ronald Homer (Boston Bank of Commerce) all speak out in favor of the proposal. Michael Dukakis (Governor of Massachusetts) is present at the meeting. George reports that the agreement forces banks to restructure their rules in order to serve poor people. This edition of the Ten O'Clock News also included the following items: Julian Bond at Harvard University. Julian Bond. Christopher Lydon interviews Sarah Small.

Small-group study of advanced subjects under staff supervision. For graduate students wishing to pursue further study in advanced areas of urban studies and city and regional planning not covered in regular subjects of instruction. 11.941 and 11.955 are taught P/D/F.