logo
episode-header-image
Feb 2025
30s

Planet Money: We Bought a Toxic Asset

NPR
About this episode
Remember toxic assets? Those complicated mortgage bonds that almost brought down the financial system? We bought one to figure out how the 2008 housing crisis played out. We called her Toxie. These episodes take you through Toxie's complicated and surprising life. Subscribe to Planet Money+ now to get access and get sponsor-free listening to Planet Money.

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

NPR Privacy Policy
Recommended Episodes
Nov 2024
Title Pirates
A couple years ago, Gina Leto, a real estate developer, bought a property with her business partner. The process went like it usually did: Lots of paperwork; a virtual closing. Pretty cut-and-dry. Gina and her partner started building a house on the property.But $800,000 into the ... Show More
25m 30s
Jan 2024
The Intelligence: China’s ever grander property crisis
<p>One of the country’s <a href="https://www.economist.com/finance-and-economics/2024/01/29/evergrandes-liquidation-is-a-new-low-in-chinas-property-crisis?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes ... Show More
22m 55s
Sep 2024
Planet Money: Zombie 2nd Mortgages
<p>Karen MacDonough had paid her mortgage for years, raised her family, and lived a quiet life in her Quincy, Massachusetts home—until one day, a group of strangers appeared on her lawn, claiming her house was up for foreclosure. What followed was a surreal discovery of “zombie m ... Show More
33m 16s
Dec 2021
#TBT - WTF Was the 2008 Financial Crisis?
On Money Rehab, Nicole does unpack the headlines that are in the current news cycle, no doubt about it. But today she’s throwing it back to a hot-button topic from our past. It is true that the only way to protect yourself from repeating history is to understand it, so that you c ... Show More
12m 48s