#214 Planet Money: Toxie, R.I.P.




Planet Money show

Summary: We are gathered here to day to commemorate the passing of Toxie, Planet Money's toxic asset. The first to speak will be Wit Solberg, the investor who helped us buy Toxie. Wit also invested in Toxie -- and, like us, he lost more than half his investment. We'll also hear from Samir Noriega, an analyst who served as Toxie's doctor. He was the first to diagnose Toxie back in April and to name the cause of death this week: home loan modifications. In other words, lenders helping homeowners out and forgiving debt.