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Friday, July 23, 2010

Planet Money

We Take Toxie On The Road

Muffin

July 23, 2010 We go on the road to Florida to learn more about the people behind Toxie, Planet Money's toxic asset.

Summary

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Monday, June 21, 2010

Planet Money

Doctors Give Toxie Two More Months

June 21, 2010 For the second month in a row, our payment for Toxie, our toxic asset, was zero dollars and zero cents. Our friends at Mission Peak Capital, who helped us buy Toxie, are the closest we get to doctors, and they say it's only a matter of time.

Summary

Monday, June 07, 2010

Planet Money

Toxie Cam!

Toxie Cam

June 7, 2010 Planet Money's toxic asset: Now streaming live.

Summary

Friday, May 21, 2010

Planet Money

Zero Dollars, Zero Cents

sign in Chicago

May 21, 2010 We bought Toxie — our mortgage-backed toxic asset for $1,000 early this year. The mortgages she's made of were going sour at an alarming rate. When enough of the mortgages went bad, she would die. Right now it looks like she's in a coma.

Summary

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Thursday, May 20, 2010

Planet Money

Toxie's In a Coma!

Toxie map

May 20, 2010 Loan modifications delivered the latest blow to Planet Money's toxic asset.

Summary

Thursday, May 06, 2010

Planet Money

America's Pet Platypus Needs Another $10.6 Billion

May 6, 2010 Toxie, Planet Money's pet toxic asset, may not have been the savviest investment. But at least our exposure is capped at $1,000.

Summary

Tuesday, April 20, 2010

Planet Money

Toxie Update: Our Latest Check Arrives. Oh No.

April 20, 2010 We just got our latest monthly check, and it's for just $72.41. We'd been hoping for about $180, but there's been less money coming in from those 2,000-plus mortgages.

Summary

Friday, April 16, 2010

Planet Money

When An Asset Turns Toxic, Who You Gonna Sue?

April 16, 2010 An 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.

Summary

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Wednesday, April 07, 2010

Planet Money

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

April 7, 2010 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.

Summary

Tuesday, April 06, 2010

Planet Money

The Fed Wants To Sell You A Mall In Oklahoma

Crossroads Mall

April 6, 2010 The mall is one of the many, many assets the Fed bought to bail out Bear Stearns a few years back. The assets were bundled into a special company called Maiden Lane I.

Summary

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Friday, March 26, 2010

Planet Money

Our Toxic Asset Gets A Name

March 26, 2010 Welcome, Toxie, to the Planet Money family. (Sorry, but Kenny, Maverick, Nina and Tulip didn't quite make it.)

Summary

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