For those looking for coverage of the US banking crisis told in plain and simple language, check out the London Daily Telegraph. While in London, I read two days of their reporting on the crisis, and was amazed about how plainly they explain the problem and its implications to their UK-based audience. Some of it is a bit oversimplistic, but at least they take the time to explain the details rather than resorting to overgeneralizations or jargon.
Plus, its always educating to read a perspective on something from outside of your own country.
I leave it as an exercise for you, the reader, to determine if “de-jargonating” is really a word.