Paddy Hirsch

Senior Editor, Marketplace

SHORT BIO

Paddy Hirsch is a former Contributing Editor at Marketplace and the creator and former host of the Marketplace Whiteboard. 

Latest Stories (452)

Morning reading

Apr 29, 2009
Hi, Paddy Hirsch here. Scott will be back next week, after a well-earned vacation....

Shadow banking: The primer

Apr 13, 2009
The shadow banking system is a key component of the U.S. economy, but the financial crisis has frozen it solid. Senior Editor Paddy Hirsch explains what shadow banking is and why it's important enough to warrant its own bailout, called the Term Asset-Backed Securities Loan Facility, or TALF.
Whiteboard Shadow banking
Marketplace

The public-private partnership

Mar 31, 2009
The U.S. Treasury Department plans to recruit private investors to take toxic assets off banks' balance sheets. Senior Editor Paddy Hirsch explains how the plan is supposed to work.
Whiteboard Public private partnership
Marketplace

Collateral calls

Mar 24, 2009
Millions of Americans are wondering why AIG has paid so much taxpayer money to other banks. One reason is because AIG has had to honor "collateral calls" -- demands made by banks on the insurance contracts it's written. Senior Editor Paddy Hirsch explains,
Whiteboard Collateral calls
Marketplace

Gold - a long way to go?

Mar 20, 2009
Gold is still trading above $950 an ounce. Crazy high, right? But it could go a lot higher. ...

Lewis weighs in on AIG "hysteria"

Mar 20, 2009
I've been waiting all week for this. Bloomberg's Michael Lewis consolidates the ground already staked out by Andrew Ross Sorkin of the New York...

Would someone please get that stable door?

Mar 20, 2009
Fed Chair Ben Bernanke called for banking supervisors to pay "close attention" to compensation practices as they examine the soundness of financial...

Cash guzzlers

Mar 20, 2009
The US auto industry is really sucking wind, if Steven Rattner, the Treasury's auto adviser has it right. Bloomberg quotes him saying $21.6 billion...