Where's The Toxic Bank Waste? It's All In The Gravy (Video)

Jul 17, 2009 at 2:59 AM
DailyBail in banks, capital requirements, economic video, failed banks, paddy hirsch, toxic assets, toxic assets, wall street

 

Senior editor Paddy Hirsch from Marketplace explains toxic assets and the original purpose of TARP.  Food analogies predominate.  Helpful lesson you can email to the uninitiated.  Nice cartoon of toxic assets inside. 

Watch.

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Article originally appeared on The Daily Bail (http://dailybail.com/).