The Whiteboard - Most Commented


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.

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.

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

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


About this collection

Financial mysteries explained! Watch the latest video explaining capital adequacy requirements in Paddy Hirsch's Whiteboard series.