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7/28/10

Declining Value

Tracking A Toxic Asset...

These are graphics from Planet Money's blog where they bought a toxic asset created with more than 2000 mortgages from across the country and tracked it. The asset had been worth $75,000 but was purchased for $1000 and the graphics shows how much value it has lost.



In the beginning Dec 2006, “Toxie” was a little sick

Toxie Dec 2006.png


But by July 2010, “Toxie” was a almost dead…
Toxie July 2010