Posts Tagged ‘subprime mortgage crisis’

Toxie The Toxic Asset Dies

Thursday, October 7th, 2010

Those crazy kids at NPR spent $1,000 on an adorable toxic asset named “Toxie” to teach us all a lesson about the subprime mortgage disaster. And then they made a 3-minute cartoon about it. It’s really good:

(via npr.org)

TARP is…

Friday, July 17th, 2009

TARP, which stands for the Troubled Asset Relief Program, is the program that started in 2008 through which the U.S. government has been buying assets and equity from struggling financial institutions to strengthen the stability of the financial sector and of the financial markets.