NPR

Toxic assets almost brought down the economy. In 2010, we bought one! (PM+)

Remember toxic assets? They were those complicated bonds, filled with home mortgages, that nearly brought down the global economy. 15 years ago, Planet Money bought one to figure out how the 2008 ...
Southeast Missourian

Plan to buy toxic assets may use $1 trillion

WASHINGTON -- The Obama administration's latest attempt to tackle the banking crisis and get loans flowing will create a new government entity, the Public-Private Investment Program, to help purchase ...
Reuters

Vague U.S. toxic asset plan aggravates credit crunch

WASHINGTON (Reuters) - Global credit markets are unlikely to revive as long as the U.S. government continues to dangle the vague prospect of a toxic asset purchase plan in front of distressed banks, ...
Independent Record

Toxic asset plan could cost $1 trillion

Under Geithner's plan for the toxic assets, that $1 trillion program would be expanded to support purchases of toxic assets. --Use of the FDIC, which insures bank deposits, to support purchases of ...
Lincoln Journal Star

Meltdown 101: What are toxic assets?

A: Toxic assets are, mostly, the investments backed by risky subprime mortgages that are held by the larger U.S. banks and that have lost value. They hang like shackles from the banks’ feet, dragging ...