Nov 26, 2008
How credit cards become asset-backed bonds
Mortgages aren't the only financial instruments that get turned into securities. Marketplace Senior Editor Paddy Hirsch explains how companies make money by buying credit card debt and bundling it.
Whiteboard Securitization
Marketplace
Mortgages aren’t the only financial instruments that get turned into securities. Marketplace Senior Editor Paddy Hirsch explains how companies make money by buying credit card debt and bundling it.
Latest Episodes
View All Shows
28 minutes ago6:30
2 hours ago6:38
3 days ago25:32
4 days ago30:17
6 days ago29:48
5 months ago24:33