Update: Planet Money’s Toxic Asset is… well… Toxic
In: Finance Housing Maps US Economy
4 May 2010The Planet Money blog at NPR bought their very own mortgage based toxic asset a few months ago (and named it “Toxie”). Not surprisingly, it’s not performing very well. The related articles are worth a read if you want a solid, simple explanation of how this stuff works.
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- Martin: Manager asks geek to document process. The longer the geek takes to document, the longer the geek ke [...]
- Steve: Budgets aren't subject to the filibuster. http://en.wikipedia.org/wiki/Filibuster_in_the_United_S [...]
- Nathan: Rogier, follow the link to NPR and you will read that education has been lumped in with "everything [...]
- mims: Lol, the lazy man. I'd say the efficient woman. Or man. ;) [...]
- lam: except, scott, when you consider that congress has to do somethings just to keep this country functi [...]