The Whiteboard - Most Commented
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.
Oct 10, 2008
Marketplace Senior Editor Paddy Hirsch explains how banks have gotten frozen in their tracks, awaiting a rescue.
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.
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.