Update: Planet Money’s Toxic Asset is… well… Toxic

In: Finance Housing Maps US Economy

4 May 2010

The 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.

image

Comment Form

You must be logged in to post a comment.