March 31, 2009 Dining out on the stimulus in Washington, D.C.
March 27, 2009 Proposal for Systemic Risk Regulator business card.
March 27, 2009 Does the market crave discipline?
March 26, 2009 When Paul Volcker talks, reporters come in through the kitchen.
<iframe src="https://www.npr.org/player/embed/102375375/136428850" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
March 24, 2009 A clarification of our Radio Dramatization on Treasury's new plan for toxic assets.
March 23, 2009 David Kestenbaum reports back from the Treasury Department briefing on the new plan for toxic assets.
March 20, 2009 We've gotten a lot of questions from you about toxic assets. What does a toxic asset look like? How many there are? And of course: When oh when will they go away?
March 20, 2009 ...with a lame job.Read or listen here. Full disclosure: Isaac is my cousin.
March 20, 2009 Guy #1: I agree they should take back the AIG bonuses. But they should also take back the salaries of the people at the Securities and Exchange Commission. And Alan Greenspan's salary....
March 20, 2009 Since late last year, the biggest U.S. banks have been undermined by what have become known as "toxic assets" — investments in mortgages and other debts that are now worth much less than their original value. While those assets may be hard, or impossible to sell, some of them are not necessarily all that toxic.
<iframe src="https://www.npr.org/player/embed/102154567/102154705" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
March 19, 2009 A breakdown of what the Fed is actually doing by buying Treasury bonds and mortgage securities.
March 18, 2009 My colleague Joe Palca has the following proposal:
March 17, 2009 Adam and Alex and I spent the day running around Capitol Hill, trying to document what could be the most sweeping regulatory reform efforts the banking industry has seen since the great depression.
March 17, 2009 Small banks give the president an earful.
March 14, 2009 The mark to market accounting rule requires banks to price assets according to how they could be sold on the open market. The obscure rule may be leveraged in order to finally price the toxic assets that banks have on their balance sheets.
<iframe src="https://www.npr.org/player/embed/101914665/101914647" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">