Thanks, CNBC! It's The Sincerest Form Of Flattery

After Planet Money bought Toxie, our very own toxic asset, David Kestenbaum went on CNBC to talk about it. The folks over at CNBC said they loved the idea.

Turns out, they loved it so much that they did it themselves. On today's Power Lunch, CNBC unveiled its own toxic asset. And they're asking their audience to come up with a name. (We can recommend "Kenny," which came in second when we asked Planet Money's listeners to name our asset.)

Maybe if the idea really catches on, the market for mortgage-backed bonds like our little Toxie will come back to life.



Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.