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Planet Money Tracks a Toxic Asset

The excellent Planet Money team (who we honored in the GOOD 100) is continuing its coverage of our economic troubles by tracking the performance...


The excellent Planet Money team (who we honored in the GOOD 100) 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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