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I watched the video, and I'm wondering what exactly killed Toxie? I understand the creation of toxic assets, I understand what caused them to drop in value, but I'm am wondering why Toxie is being deemed "dead." What is defining Toxie as dead?
Commented Sep 24, 2010 on Toxie's Dead at Consumer Law & Policy Blog
Toxie's Dead
If you were listening to NPR this morning, you would have heard that Toxie the Toxic Asset has died. The folks at NPR's Planet Money had purchased for $1,000 (and a 99% discount!) a bundle of mortgages whose values had dropped precipitously in the financial crisis. Did Planet Money make money?...
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Jul 30, 2010
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