Assets

Surely you've heard the term assets -- they can be toxic, liquid, or tangible. Sr. Producer Paddy Hirsch explains what the word “assets” really means.

Sr. Producer Paddy Hirsch explains the responsibilities of a fiduciary with a taxi metaphor.

If you've been following the problems encountered by the banks, you've probably come across the phrase "toxic assets." They've poisoned banks' balance sheets and brought them to the brink of failure. But what is a toxic asset, exactly? Marketplace Senior Editor Paddy Hirsch explains.