Planet Money's Toxic Asset
September 23, 2010 Planet Money is committed to following the financial crisis to the bitter end. And what better way to do that than to own a piece of it. We bought one of those things that no one wanted, one of those things that almost brought down the global economy: our very own toxic asset.
March 19, 2010 During the peak of the housing market, the value of the mortgages that got stuffed into those complicated mortgage bonds known as toxic assets was more than $3 trillion. But now the market has stalled, in part because many sellers are waiting for the economy to improve.
March 12, 2010 Remember those complicated bonds full of home mortgages? The ones that almost brought down the economy? A team of reporters with NPR's Planet Money used $1,000 of their own cash to buy a tiny piece of one — and plan to track it until it dies.