Man vs. Markets: Simplifying the language of Wall Street
Paddy Hirsch Aug 28, 2012
Marketplace's senior producer of personal finance breaks down economics plainly and simply in his new book, "Man vs. Markets."
What's an index of credit default swaps?
Paddy Hirsch 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.
'London Whale' taking big bets in debt market
Stephen Beard Apr 6, 2012
A financial trader known as the "London Whale" is making a splash on Wall Street, taking a huge bet worth possibly tens of billions of dollars on corporate credit default swaps.
Did writing off debt in Greece count as a default?
Stephen Beard Mar 9, 2012
In Greece, private investors have agreed to write off about 75 percent of their loans to the country.
Explainer: Greece's 'selective default'
Stephen Beard Feb 28, 2012
Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?
Untangling credit default swaps
Paddy Hirsch Mar 8, 2013
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.
Untangling credit default swaps
Richard Core Oct 8, 2008
Marketplace Senior Editor Paddy Hirsch is back with the second of his Crisis Explainer videos. This time he goes to the whiteboard to make the...
