A visual explanation of the public private partnership

Paddy Hirsch from Marketplace explains the US Treasury's public-private partnership to purchase toxic financial assets. In this scheme, private investors, the US government, and the FDIC finance the purchase of financial assets.

http://marketplace.publicradio.org/videos/whiteboard/public_private.shtml

A visualization of the financial crisis

Using a champagne bottle metaphor, Paddy Hirsch from Marketplace explains how Collateralized Debt Obligations (CDOs) contributed to the current financial situation. When the champagne stops pouring out of the bottle, he says, bond holders stop getting paid.

http://marketplace.publicradio.org/display/web/2008/10/03/cdo/