Marketplace Minute 8/13
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Why does the EU want US dollars?
Marketplace Money Senior Producer Paddy Hirsch explains why Europe need dollars instead of euros as the EU tries to sort out their financial problems.More Whiteboard: www.marketplace.org/whiteboardFollow Marketplace: @mktplaceradioFollow Paddy Hirsch: @paddyhitsch
Ring fencing
"Ring fence" is the latest economic buzzword. Some analysts say we should ring fence troubled nations in Europe, like France, Italy, and Spain. But what does that mean? Marketplace's Paddy Hirsch explains. More stories at marketplace.org/whiteboard
The root of Italy's problems
Italy has carried a heavy debt for many years. So why is it stumbling now? Marketplace senior editor Paddy Hirsch explains.More stories at marketplace.org/​whiteboard
Steve's 50% haircut
Marketplace Morning Report host Steve Chiotakis and Senior Editor Paddy Hirsch went to Bolt Barber Shop in Los Angeles to talk about what the Greek loan haircut is. In this video, he shows you the difference between a loan haircut and a real haircut.More stories at: www.marketplace.orgFollow us on Twitter: @mktplaceradio
Haircut: More dangerous than it sounds
If Greece accepts the terms of a new aid package it's expected to get a haircut on its debt. But Marketplace Sr. Editor Paddy Hirsch explains why that haircut is more like a scalping -- and it's not Greece that will suffer the pain. More Whiteboard at: www.marketplace.org/whiteboard
Why expsoure isn't always bad
Marketplace Senior Editor Paddy Hirsch explains why exposure -- whether to European sovereign debt or to the sun -- is not always a bad thing.More Whiteboard at: www.marketplace.org/whiteboard
Where do companies keep their cash?
Companies are hoarding cash -- to cushion themselves if the economy worsens. But where do they keep all that money? Senior Editor Paddy Hirsch explains.
Why do European banks need dollars?
European banks need money. Specifically, they need dollars. But why? They have their own money, so why do they need ours? Marketplace Senior Editor Paddy Hirsch explains.
Lehman Brothers...three years on
Lehman Brothers collapsed three years ago today, and nearly brought the entire financial system down with it. But Lehman wasn't the first casualty of the financial crisis. Six months earlier, Bear Stearns gave the world a preview of what was to happen to Lehman. To understand what took down Lehman, you first have to understand what brought down the Bear. Script and narration: Paddy Hirsch (paddyhirsch) Images and animation: comics journalist Dan Archer (@archcomix) Videographer and editor Angela Kim (@angelaishere) To see Dan Archer's comic strip on the chronology of the financial crisis at Marketplace: www.marketplace.org/whiteboard For Dan Archer's website, Archcomix: www.archcomix.com/
