toxic asset

TAL on the economy

kbonham | November 11, 2010

Ever wonder what exactly a Toxic Asset is? Follow the engaging story of Toxie the toxic asset on This American Life. This is just the latest in a series of amazing reporting on the financial crisis from a radio show that is not generally concerned with what would be traditionally thought of as "news." "The Giant Pool of Money," which started this series, is still the best break-down of what caused the financial crisis that I've seen. And a follow-up piece a year later gave even more perspective. If you read or hear news about the financial crisis but just don't quite get what it all means…