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APM: Marketplace Whiteboard

Senior Editor Paddy Hirsch of Marketplace, the public radio business show, makes complicated financial concepts easy to understand in this entertaining, informative series. Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" — those financial instruments that got ...

Senior Editor Paddy Hirsch of Marketplace, the public radio business show, makes complicated financial concepts easy to understand in this entertaining, informative series. Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" — those financial instruments that got us into this financial mess.

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  • HD

    Explainer: Why can't we cap CEO pay?

    Switzerland recently toyed with the idea of capping CEO pay ...

    Switzerland recently toyed with the idea of capping CEO pay at 12 times the amount of the lowest-paid worker.

    Jan 15, 2014 Read more
  • HD

    Explainer: the charitable tax deduction

    If you give $1,000 to charity, that reduces your taxable ...

    If you give $1,000 to charity, that reduces your taxable income by $1,000, because there’s less for the government to tax.

    Dec 26, 2013 Read more
  • HD

    Explainer: Fiscal hawks vs. fiscal doves

    Why are those who want to fight inflation called 'fiscal ...

    Why are those who want to fight inflation called 'fiscal hawks'?

    Nov 14, 2013 Read more
  • HD

    Explaining capital adequacy requirements

    Changes to capital adequacy requirements are a cornerstone of the ...

    Changes to capital adequacy requirements are a cornerstone of the government’s efforts to secure the financial system. Marketplace’s Paddy Hirsch explains.

    Oct 11, 2013 Read more
  • HD

    Obama & the debt ceiling: An explainer

    The government is considering raising the debt ceiling -- again. ...

    The government is considering raising the debt ceiling -- again. But what exactly is the debt ceiling: Watch an explainer to understand what's at stake and what it means for you and me.

    Sep 26, 2013 Read more
  • HD

    Explaining exchanges

    You've heard of the New York Stock Exchange and Nasdaq. ...

    You've heard of the New York Stock Exchange and Nasdaq. Do people really still stand around and yell out buy and sell orders at these places? Paddy Hirsch explains what an exchange is -- by taking us to the supermarket.

    Sep 19, 2013 Read more
  • HD

    So what is LIBOR, exactly?

    The London Interbank Offered Rate, explained.

    Jul 9, 2013
  • HD

    Opportunity cost: A simple Whiteboard explainer

    Economists love to use the term "opportunity cost." In fact, ...

    Economists love to use the term "opportunity cost." In fact, you've probably heard it before. But what is it exactly? Senior producer and Whiteboard expert Paddy Hirsch explains.

    Jun 13, 2013 Read more
  • HD

    Fiat money: It has nothing to do with the car

    Your dollar bill isn't worth the paper it's printed on. ...

    Your dollar bill isn't worth the paper it's printed on. Why? Because it's a fiat currency. Sr. Producer Paddy Hirsch explains.

    May 22, 2013 Read more
  • HD

    How a firm's goodwill is more like soft snow than a hard asset

    Goodwill reads like an afterthought in a company's annual report. ...

    Goodwill reads like an afterthought in a company's annual report. But it's often the most important component of a company's operation, as Sr. Producer Paddy Hirsch explains.

    Mar 29, 2013 Read more
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