Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations those financial instruments that got us into this financial mess.
americanpublicmediaWhen the analysts and experts talk about the current financial crisis, they often refer to credit default swaps. So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation.
americanpublicmedia2011 Knight Fellow Paddy Hirsch advocates for a "slow news" movement -- urging newsrooms to stop pushing their journalists to use every new technology or tool, which he argues is hurting quality and alienating audiences. More Knight Talks and information at: knightgarage.stanford.edu
knightfellowshipsJohn S. Knight Fellowships Deputy Director Dawn Garcia introduces 2011 Knight Fellow Paddy Hirsch at the Re-Engineering Journalism event.
knightfellowshipsConsumer Confidence and Spiral Effect
lightningmikedLehman Brothers collapsed three years ago today, and nearly brought the entire financial system down with it. But Lehman wasn't the first casualty of the financial crisis. Six months earlier, Bear Stearns gave the world a preview of what was to happen to Lehman. To understand what took down Lehma...
marketplacevideosPrivate equity funds are groups of investors that flip companies for a profit. It's the technique they use that makes them special, as senior producer Paddy Hirsch explains. Follow Paddy Hirsch on Twitter: @paddyhirsch More Whiteboard: marketplace.org/whiteboard
marketplacevideosThe term Re-hypothecation came up a lot during the MF Global meltdown. It's quite a common term in the securities market -- but what does it mean? Marketplace Money senior producer Paddy Hirsch explains. Follow Paddy Hirsch on Twitter: @paddyhirsch More Whiteboard: www.marketplace.org/whiteboard
marketplacevideosSo Facebook has filed to go public. How exactly does an initial public offering work? Marketplace's Paddy Hirsch explains. Follow Paddy Hirsch on Twitter: @paddyhirsch More Whiteboard: marketplace.org/whiteboard
marketplacevideosJunk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Something you want to toss in the trash? Well, "junk" bonds are definitely not useless. In fact they're extremely useful. Sometimes. Marketplace Money Senior Producer Pad...
marketplacevideosMarketplace Money Senior Producer Paddy Hirsch explains why Europe need dollars instead of euros as the EU tries to sort out their financial problems. More Whiteboard: www.marketplace.org/whiteboard Follow Marketplace: @mktplaceradio Follow Paddy Hirsch: @paddyhitsch
marketplacevideosThe Federal Housing Administration is being criticized for underwriting subprime loans, which critics say could lead to another wave of loan failures. Senior Editor Paddy Hirsch explains subprime lending and its inherent risks.
Its the title of a dubious financing transaction that Lehman Brothers used in 2008 to make its balance sheet look healthier than it really was. Senior Editor Paddy Hirsch takes a stab at explaining how Repo 105 worked. Hear more about the fallout of the Lehman report at Marketplace: marketplace.p...
marketplacevideosWith the government borrowing even more money, and pushing America's debt levels sky high, there's a lot of talk about a double-dip recession. Paddy Hirsch explains what a double dip is, and what it might look like.
marketplacevideosConfused about the theory of how interest rates can affect economic growth? Senior Editor Paddy Hirsch is here with a handy analogy.
marketplacevideosWe all know what a takeover is. That's when one company agrees to be bought by another. But what happens when companies don't agree and the takeover goes hostile? Senior Editor Paddy Hirsch explains.
marketplacevideosThe meltdown of the credit and mortage markets will inflict damaging effects upon our economic future that we may not anticipate — much like the fallout from a nuclear explosion. Senior Editor Paddy Hirsch explains why Marketplace is using the term in its coverage. More coverage of the financial ...
marketplacevideosLots of people are puzzling through the SECs fraud allegations against Goldman Sachs, trying to work out how it allegedly committed fraud. The way Paddy Hirsch sees it, its a bit like a bookie and gambler teaming up to fix a horse race.
marketplacevideosPressure from the US may have pushed China to unpeg its currency from the dollar this week. But how did that peg work in the first place? Paddy Hirsch explains.
marketplacevideosBankers have been debating bringing back the uptick rule for months, if not years. This week the debate made it to Capitol Hill. Senior Editor Paddy Hirsch gives a quick and dirty explanation of what the uptick rule is, and why it could be reinstated.
marketplacevideosHedge funds used to occupy a dark, undisturbed corner of the financial world, but over the last year theyve been thrown under the spotlight. Still, many people dont know exactly what hedge funds are, or what hedging actually means. Senior Editor Paddy Hirsch explains.
marketplacevideosLeveraging or borrowing has been cited as one of the contributors to the financial crisis. Senior Editor Paddy Hirsch explains how the move to deleverage or reduce debt is prompting wild market swings and concerns about deflation.
marketplacevideosSenior Editor Paddy Hirsch explains why problems with certain European countries sovereign debt could blow the house down.
marketplacevideosCollateralized loan obligations are back! Paddy Hirsch explains what CLOs are, and why theyre important.
marketplacevideosAs markets have deteriorated, write-downs have figured prominently in more and more corporate reports. What are write-downs all about? Marketplace Senior Editor Paddy Hirsch explains.
marketplacevideosCredit default swaps? Theyre complicated -- and scary! The receipt you get when you pre-order your Thanksgiving turkey? Not so much. But they have a lot in common: Theyre both derivatives. Senior Editor Paddy Hirsch explains.
marketplacevideosEurope is teetering on the edge of a credit crisis, and markets all around the world are tumbling as investors worry about contagion. Its all about banks not trusting each other, as Senior Editor Paddy Hirsch explains.



