I read an article from The New Yorker that covered the financial situation. I enjoyed the detail and specifics covered. I think the article gives the reader a better understanding into what was going on. The article was written by James Stewart. I follow his article in StreetMoney.
Now since a subscription is required, I cannot post the site here. But here is the abstract that they provide. I strongly suggest that you read this article. If you do not like the New Yorker past this article or cannot afford the subscription, there is always the library.