Crisis explainer: Uncorking CDOs
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of “collateralized debt obligations” – those financial instruments that got us into this financial mess.
Untangling credit default swaps
When the analysts and experts talk about the current financial crisis, they often refer to “credit default swaps.” So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.
The credit crisis as Antarctic expedition
Paddy Hirsch explains how banks have gotten frozen in their tracks, awaiting a rescue.
Getting naked in short selling
The practice of short selling has been blamed for the collapse of several major companies' shares during the financial crisis. What is short selling?
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of “collateralized debt obligations” – those financial instruments that got us into this financial mess.
Untangling credit default swaps
When the analysts and experts talk about the current financial crisis, they often refer to “credit default swaps.” So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.
The credit crisis as Antarctic expedition
Paddy Hirsch explains how banks have gotten frozen in their tracks, awaiting a rescue.
Getting naked in short selling
The practice of short selling has been blamed for the collapse of several major companies' shares during the financial crisis. What is short selling?