NPR's pet toxic asset is dead

NPR's Planet Money bought a toxic asset for $1000 and named it "Toxie" and followed it closely, as a way of unravelling the recent econopocalypse. Now, less than a year later, Toxie is dead, killed by loan modifications. Though once a mighty producer, Toxie delivered less than 50% of her face-value in her short life on the NPR balance sheet.

Toxie's Dead (via Consumerist)

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