Toxic and dying at NPR

A while back I blogged about NPR’s pet toxic asset that they bought to learn about its life and death. Now an update: their poor asset, a Countrywide MBS named Toxie, is almost dead (waaay too cute name voted by NPR readers, narrowly chosen over the excellent Kenny leading me to believe that too few NPR readers have any knowledge of early South Park). Toxie started life worth, $75,000. NPR purchased it for $1000 in January 2010. And for the $1000 NPR is projecting it will get about $450-$500.