David and Chana meet another toxic asset owner, like themselves. Only difference, David and Chana bought theirs after it was already toxic, for a steep discount, 99% off.
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David and Chana's toxic asset, which has acquired the nickname Toxie, gets sick. And the payments that it's supposed to provide them every month stop.
David and Chana discover a dark criminal plot inside their toxic asset.
David and Chana try to track down the actual homeowners in their toxic asset. The toxic asset is made up of 2000 mortgages all over the country.
David and Chana buy a toxic asset, from a guy named Wit Solberg, who used to work on Wall Street and now helps small banks who've been saddled with toxic assets. Turns out...it's hard to buy a toxic asset.
Chana Joffe-Walt spent six months reporting on the rise in people on disability. She spends time in Hale County, Alabama, talking to the only general practitioner in town, the main person who okays so many of the county's residents for disability.
Chana Joffe-Walt continues her story about the phenomenal rise in disability payments over the last 30 years, since President Bill Clinton signed legislation pledging to "end welfare as we know it." Turns out, two private sector groups have really contributed to the growing disability roles. One is a group of people you'd probably expect, the other is a shock.