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Whiteboarding Credit

posted by Bob Lawless

Yes, I meant "whiteboarding." If you're not an expert and are looking for plain English explanations of concepts like asset-backed securities, credit default swaps, and margin calls, check out the Marketplace Whiteboard. It's an effort by Paddy Hirsch, senior editor of American Public Media's Marketplace, to explain complicated financial concepts using everyday analogies that bring home the underlying ideas. The video podcasts are a good way to get educated on these topics.


I checked out the video "Marketplace Whiteboard" where I got few important information regarding credit related terms and matters with which I was not familiar with before. The process of delivering the knowledge in the whiteboard is simply like an efficient guide who can help you out of your financial problems.

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  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click here to visit the page for the list and then click on the link for "Subscribe." After completing the information there, please also send an e-mail to Professor Lawless (rlawless@illinois.edu) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.