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Paddy Hirsch

Paddy Hirsch is a former Contributing Editor at Marketplace and the creator and former host of the Marketplace Whiteboard. 

Latest from Paddy Hirsch

  • Who says Twitter ain't cool? Rick Rothacker is tweeting (if I have that verb correct) from the Bank of America shareholders conference this morning…

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  • Equity markets have started well, and consensus appears to be that investors are hoping for a sunny assessment of the state of the economy from the…

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  • Apr 29, 2009

    Morning reading

    Hi, Paddy Hirsch here. Scott will be back next week, after a well-earned vacation….

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  • Whiteboard Shadow banking
    Marketplace

    The shadow banking system is a key component of the U.S. economy, but the financial crisis has frozen it solid. Senior Editor Paddy Hirsch explains what shadow banking is and why it's important enough to warrant its own bailout, called the Term Asset-Backed Securities Loan Facility, or TALF.

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  • Whiteboard Public private partnership
    Marketplace

    The U.S. Treasury Department plans to recruit private investors to take toxic assets off banks' balance sheets. Senior Editor Paddy Hirsch explains how the plan is supposed to work.

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  • Mar 25, 2009

    Collateral calls

    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,

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  • Gold is still trading above $950 an ounce. Crazy high, right? But it could go a lot higher. …

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  • Here are the numbers:…

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  • I've been waiting all week for this. Bloomberg's Michael Lewis consolidates the ground already staked out by Andrew Ross Sorkin of the New York…

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  • Fed Chair Ben Bernanke called for banking supervisors to pay "close attention" to compensation practices as they examine the soundness of financial…

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Paddy Hirsch