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Presidential hopeful Mitt Romney says he put his investments in a blind trust to avoid any conflict of interest. So what exactly is a blind trust? Sr. Producer Paddy Hirsch explains with a sausage factory analogy.
The Treasury Department is planning to roll out a floating-rate note program in about a year. But what is a floating-rate note and why do we need one? Sr. Producer Paddy Hirsch explains with a boat analogy.
What exactly is a Eurobond and why are so many people interested in having them? Sr. Producer Paddy Hirsch explains with a little help from the three little pigs.
The Federal Reserve's most recent policy move is simply a way of driving down interest rates. But how does it work? Sr. Producer Paddy Hirsch explains Operation Twist with a simple analogy.
Spain's debt costs are rising and some fear the nation may soon need a full-scale bailout. Sr. Producer Paddy Hirsch explains the big problem with Spain, using a housing analogy.
A bank run occurs when customers run down to the bank and demand their money back. So, why can't the bank just return the cash? Sr. Producer Paddy Hirsch explains using a human heart analogy.
