The Whiteboard - Most Commented

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12

Leveraging and deleveraging

Dec 8, 2008
Leveraging -- or borrowing -- has been cited as one of the contributors to the financial crisis. Senior Editor Paddy Hirsch explains how the move to deleverage -- or reduce debt -- is prompting wild market swings and concerns about deflation
7

Why 'Fallout' for the financial crisis?

Nov 26, 2008
The meltdown of the credit and mortage markets will inflict damaging effects upon our economic future that we may not anticipate -- much like the fallout from a nuclear explosion. Senior Editor Paddy Hirsch explains why Marketplace is using the term in its coverage.
22

How credit cards become asset-backed bonds

Nov 25, 2008
Mortgages aren't the only financial instruments that get turned into securities. Marketplace Senior Editor Paddy Hirsch explains how companies make money by buying credit card debt and bundling it.
Posted In: Credit Cards
9

Margin calls and the financial market's decline

Nov 10, 2008
Some of the rapid drops we've seen in the financial markets in recent weeks have been fueled by margin calls. How do margin calls work? Marketplace Senior Editor Paddy Hirsch explains.
6

Over-the-counter, over the top

Nov 7, 2008
Credit default swaps have worsened market anxiety because they are conducted in the over-the-counter market, where regulations are few and information about risk is often hidden. Marketplace Senior Editor Paddy Hirsch explains.
9

The credit crisis as Antarctic expedition

Oct 10, 2008
Marketplace Senior Editor Paddy Hirsch explains how banks have gotten frozen in their tracks, awaiting a rescue.
12

Untangling credit default swaps

Oct 8, 2008
When the analysts and experts talk about the current financial crisis, they often refer to "credit default swaps." So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.
Posted In: credit default swaps
41

Crisis explainer: Uncorking CDOs

Oct 3, 2008
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" -- those financial instruments that got us into this financial mess.
Posted In: CDOs, collateralized debt obligation, financial crisis

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Financial mysteries explained! Watch the latest video explaining fiat money in Sr. Producer Paddy Hirsch's Whiteboard series. Plus, win a chance to get a signed copy of Paddy's new book, "Man vs. Markets."

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Recent comments on our stories..

JerryCPP's picture

The safety payoff of the big business of gun training

Great story, but I didn't hear the two most important things in firearm safety. A gun is ALWAYS loaded, and don't point a gun at...

Annapolis57's picture

Three life rules from Donald Rumsfeld

Journalism: Practiced. Excellent interview. Thank you.

jgrothues's picture

Three life rules from Donald Rumsfeld

Donald Rumsfeld's interview on Marketplace today was absolutely unbelievable. Really. Is one of his rules not to believe your own spin? I...

rcd43's picture

Three life rules from Donald Rumsfeld

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