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The last bubble: A neighborhood laid out in in the 1970s in Charlotte County, Florida, for a subdivision that never got built. DigitalGlobe hide caption

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Planet Money

Before Toxic Assets Were Toxic

Back in the day, Planet Money's pet toxic asset seemed like a benign way to help more people buy houses.

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Caged prisoners below deck on a transport ship bound for Australia. Hulton Archive/Getty Images hide caption

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Julie Remache and Nathaniel Wuerffel, in front of the trading room. That's the table-tennis trophy in the background. David Kestenbaum/NPR hide caption

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Richard Koenig, 81, defaulted on a $300,000 loan. "I don't have horns," he said. Chana Joffe-Walt/NPR hide caption

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