Accessibility links
toxic assets toxic assets
Stories About

toxic assets
The Origin Of Toxie

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

toggle caption
DigitalGlobe

Planet Money

The Origin Of Toxie

We talk to a woman who bought a house during the boom — and whose mortgage wound up in our toxic asset. Can you ever spot a bubble before it bursts?

The Origin Of Toxie

Listen · 17:15
  • Download
  • <iframe src="https://www.npr.org/player/embed/129862395/129887081" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
We Take Toxie On The Road

Richard Koenig defaulted on one of the mortgages that's part of our toxic asset. Chana Joffe-Walt/NPR hide caption

toggle caption
Chana Joffe-Walt/NPR

Planet Money

We Take Toxie On The Road

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

We Take Toxie On The Road

Listen · 23:27
  • Download
  • <iframe src="https://www.npr.org/player/embed/128726556/128731443" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Planet Money

Zero Dollars, Zero Cents

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.

Zero Dollars, Zero Cents

Listen
  • Download
  • <iframe src="https://www.npr.org/player/embed/114656900/127414136" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">