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      Marketplace

      VIDEO: What Happened To All Of Those Toxic Assets?

      By Laura Northrup, 6:44 PM on Tue Jul 14 2009, 8,642 views

      Hey, remember the TARP program? If banks are now paying back TARP funds, then what happened to those toxic assets? Are they sitting in a canyon in Wyoming for the next 10,000 years? Not exactly.

      Using a whiteboard, markers, and a delicious gravy metaphor, Paddy Hirsch of American Public Media's Marketplace explains.

      Where's the toxic waste? [Marketplace]

      RELATED:
      Here's Where Your Overdraft Fees Are Going: Banks Are Paying Government Back For Bailouts
      US Bancorp Blasts TARP As Giant Bait And Switch On America
      Banks Want Taxpayer Aid To Buy Toxic Assets From Themselves
      JPMorgan Chase Wants To Repay Bailout Money

      Read More: Marketplace, public radio, Paddy hirsch, tarp, Banks, Economic meltdown, bailout

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    New York, 2:06 AM
    Sun Nov 8
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