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Whiteboard Toxic Assets Marketplace
Whiteboard

Toxic assets

Paddy Hirsch Jan 21, 2009
Whiteboard Toxic Assets Marketplace

If you’ve been following the problems encountered by the banks, you’ve probably come across the phrase “toxic assets.” They’ve poisoned banks’ balance sheets and brought them to the brink of failure. But what is a toxic asset, exactly? Marketplace Senior Editor Paddy Hirsch explains.

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