Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!
Whiteboard Collateral calls Marketplace
Marketplace Whiteboard®

Collateral calls

Paddy Hirsch Mar 24, 2009
Whiteboard Collateral calls Marketplace

Millions of Americans are wondering why AIG has paid so much taxpayer money to other banks. One reason is because AIG has had to honor “collateral calls” — demands made by banks on the insurance contracts it’s written. Senior Editor Paddy Hirsch explains,

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.