Jan 22, 2009
Toxic assets
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.
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.
Latest Episodes
View All Shows
8 hours ago25:19
14 hours ago19:00
17 hours ago6:55
21 hours ago8:33
3 days ago56:05
24 days ago32:45