paddyhirsch

Consumerist

• finance

  VIDEO: Derivatives Are Sort Of Like A Pre-Ordered Turkey

  The business and financial news are full of something called "derivatives." But, okay, what is that? You're not the only one who's wondering. That's why Paddy Hirsch from the public radio program Marketplace put together a whiteboard, some stick figures, and a bunch of metaphorical turkeys to explain it all to us. More »

  1:00 PM on Sun Oct 25 2009
  By Laura Northrup
  4,029 views, 25 comments

  Most discussed MooseOfReason: Alan Greenspan was on the Daily Show about two years ago, and admitted that because we have a Federal Reserve, more »

• marketplace

  VIDEO: What Happened To All Of Those Toxic Assets?

  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. More »

  6:44 PM on Tue Jul 14 2009
  By Laura Northrup
  8,660 views, 28 comments

• leveraging

  What The Hell Is Leveraging?

  Leverage leverage leverage. Everyone's talking about it, but what does it mean? More »
• videos

  Video: Credit Crisis As Antarctic Expedition

  Antarctic explorers trudge across the icy wastelands, heavily laden with rucksacks, bound together with rope. This is a good metaphor for understanding the credit crisis, and Paddy Hirsch from American Public Media is going to lay it down on you. Oh no! There's a crevasses. Yay! Here comes Henry Paulson to come save the banks in his helicopter. The money meltdown is definitely much more digestible, and fun, in stick-figure and whiteboard form. Full video inside. More »

  10:41 AM on Tue Oct 14 2008
  By Ben Popken
  3,723 views, 18 comments

  Most discussed LatinoGeek: Bravo! Very nice metaphor and pretty accurately represents what is currently happening. more »

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