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.

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

Where’s the toxic waste? [Marketplace]

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