George Laufenberg, manager of the carpenters union fund that is suing over a toxic asset gone bad.
When An Asset Turns Toxic, Who You Gonna Sue?
A toxic asset — very much like our own Toxie — goes bad. And a New Jersey carpenters' union fund that bought a piece of the asset tries to figure out if there's someone to blame.
On today's Planet Money, we hear from a carpenter, a lawyer and a guy who owns a pub in London. Oddly enough, the pub owner could be the one bailing the carpenters out.
Download the podcast, or subscribe. Check out a graphic that tracks the carpenters' toxic asset. Music: Gorillaz' "Stylo." Find us: Twitter/ Facebook/ Flickr.