The credit crisis as Antarctic expedition

Oct 10, 2008
Marketplace Senior Editor Paddy Hirsch explains how banks have gotten frozen in their tracks, awaiting a rescue.
Whiteboard Antarctic
Marketplace

Untangling credit default swaps

Oct 8, 2008
When the analysts and experts talk about the current financial crisis, they often refer to "credit default swaps." So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.
Whiteboard Credit default swaps
Marketplace

Untangling credit default swaps

Oct 8, 2008
Marketplace Senior Editor Paddy Hirsch is back with the second of his Crisis Explainer videos. This time he goes to the whiteboard to make the...

Crisis explainer: Uncorking CDOs

Oct 3, 2008
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" -- those financial instruments that got us into this financial mess.
Whiteboard Uncorking CDOs
Marketplace