Whiteboard - Most Recent
Jun 26, 2012
The Federal Reserve's most recent policy move is simply a way of driving down interest rates. But how does it work? Sr. Producer Paddy Hirsch explains Operation Twist with a simple analogy.
Jun 20, 2012
Spain's debt costs are rising and some fear the nation may soon need a full-scale bailout. Sr. Producer Paddy Hirsch explains the big problem with Spain, using a housing analogy.
Jun 1, 2012
A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
May 11, 2012
Big bets on an obscure index lay at the heart of JPMorgan's losses this week. Sr. Producer Paddy Hirsch explains how an index of CDS works.
May 9, 2012
Surely you've heard the term assets -- they can be toxic, liquid, or tangible. Sr. Producer Paddy Hirsch explains what the word “assets” really means.
Apr 27, 2012
In our weekly letters segment, CBS MoneyWatch Editor-at-Large Jill Schlesinger discusses retirement investing strategies for late-starters.
Apr 26, 2012
Seventeen banks have failed so far this year, but their customers can rest easy -- thanks to the Federal Deposit Insurance Corporation, as Sr. Producer Paddy Hirsch explains.
Apr 16, 2012
Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.
Mar 22, 2012
Sr. Producer Paddy Hirsch explains the responsibilities of a fiduciary with a taxi metaphor.
Mar 8, 2012
Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.