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#211 Planet Money: Toxie's Origin Story

#211 Planet Money: Toxie's Origin Story

Planet Money vor 15 Jahren

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A few years back, when the housing market was going nuts, people didn't know we were in the middle of a gigantic bubble.

That, of course, is how we wound up with Toxie, Planet Money's pet toxic asset.

On today's podcast, we travel back to 2005, the year Toxie was created from thousands of home mortgages.

And we talk to Lisa Liberator-Kinney, who bought a home in Bradenton, Florida during the bubble -- and whose mortgage wound up in our toxic asset.