Author and journalist Mark Singer discusses and reads from his book “Funny Money.” This book, and interview, documents the events of the Penn Square Bank failure. Studs plays "Easy Come, Easy Go" - Johnny Green and His Orchestra (1934) and "Patriotic Diggers" - John Allison (ca. 1800).

Program includes an excerpt of a May 1990 interview with Russian journalist Vitaly Korotich.

As part of an on-going series, Chicago Sun Times reporter, Judy Nichol and her colleagues went to various high schools in Chicago and the suburbs to talk to students about drugs in the high schools. Lane Tech seniors Jim and Kurt said the reason they got into doing drugs was because of their peers and because they wanted to be a part of the crowd.

Terkel interviews activist and children's author Dagmar Wilson. She discusses how she goes from a children's author to an activist for anti-nuclear testing.

Studs Terkel disccuses the Chicago Dance Festival with Joel Hall, Lynn Colburn, and Larry Schoeneman.