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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

  • In my humble opinion at least:…

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  • Mar 20, 2009

    Cash guzzlers

    The US auto industry is really sucking wind, if Steven Rattner, the Treasury's auto adviser has it right. Bloomberg quotes him saying $21.6 billion…

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  • John Carney of Clusterstock thinks they do. He's talking with Kai Ryssdal today on Marketplace. They'll chat about AIG and some other things, but…

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  • Mar 20, 2009

    Bustin’ out

    Things are looking up for Blockbuster. Earlier this week, on the Marketplace Morning Report, we talked about how BBI is struggling with its debt…

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  • Paddy Hirsch here. Scott is out today and I'm doing my best to fill his shoes. My regular gig is editing Marketplace's New York Bureau, which means…

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  • Mar 20, 2009

    Turbotax

    Congress' passage of the Bonus Tax Bill has incited as much blogging rage as the AIG bonuses did. OK, maybe not quite as much, but there are still…

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  • Back in July we had a good old fashioned run on a bank here in California, complete with lines of panicky depositors around the block. The bank?…

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  • Mar 13, 2009

    The Uptick Rule

    Whiteboard Uptick rule
    Marketplace

    Bankers have been debating bringing back the uptick rule for months, if not years. This week the debate made it to Capitol Hill. Senior Editor Paddy Hirsch gives a quick and dirty explanation of what the uptick rule is, and why it could be reinstated to turn the American taxpayer into one of Citigroup's biggest stockholders. Senior Editor Paddy Hirsch explains.

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  • Whiteboard Tangible common equity
    Marketplace

    Tangible Common Equity used to be an obscure and rarely-used accounting term. Today it's one of the main motivators behind the government's decision to turn the American taxpayer into one of Citigroup's biggest stockholders. Senior Editor Paddy Hirsch explains.

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  • Feb 19, 2009

    Cramdowns

    Whiteboard Cramdowns
    Marketplace

    A debate is raging in Washington, D.C., about how to deal with America's foreclosure problem. One proposal is to restructure the loans using a tool usually seen in bankruptcy courts: The "cramdown." Senior Editor Paddy Hirsch explains.

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Paddy Hirsch