[p2p-research] Planet Money Tracks a Toxic Asset

[Ryan]

  Sent to you by Ryan via Google Reader: Planet Money Tracks a Toxic
Asset via GOOD by Andrew Price on 3/12/10
The excellent Planet Money team is continuing its coverage of our
economic troubles by tracking the performance of a real, tanking toxic
asset: We bought one of those things that no one wanted, one of those
things that almost brought down the global economy: our very own toxic
asset. This one has more than 2,000 mortgages in it. We paid $1,000,
with our own money, for our piece. It used to be worth more like
$75,000. They've set up an interactive infographic where you can see
exactly what's in their troubled mortgage puree, and watch its value
change as people default or pay off their loans.
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