Planet Money: We Bought a Toxic Asset

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Since February 2025

Remember toxic assets? Those complicated mortgage bonds that almost brought down the financial system? We bought one to figure out how the 2008 housing crisis played out. We called it Toxie. (This series originally ran in 2010-2011.)<br><br><em>Subscribe to Planet Money+ now to get access and get sp...

Last updated: 2026-04-29 06:24:26.545724

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10 Feb 2025

Contributed by Lukas

Remember toxic assets? Those complicated mortgage bonds that almost brought down the financial system? We bought one to figure out how the 2008 housin...

Planet Money: We Bought a Toxic Asset

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Planet Money: We Bought a Toxic Asset

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