Senior Editor Paddy Hirsch helped us in the Marketplace office understand how some of Wall Street’s complicated investment instruments led us into this financial mess. We thought his “champagne glass” explanation of “collateralized debt obligations” at the whiteboard might make it clear for you too. So we put “professor” Hirsch on video.
And you can get more from Rico Gagliano’s report: Financial Crisis 101
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Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
