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By Gretchen Frazee
The six-year anniversary of the month when Lehman Brothers failed, and brought down much of the financial sector with it, was a rough one for the Federal Reserve Bank of New York.
By Simone Pathe
Six years ago, during the fall of 2008, the financial world was unraveling. But the origins of the Great Recession weren't simply monetary; they were moral, argues University of Washington professor David Bosworth. And yet, virtual America continues to miss…
By David Bosworth
Leaders have known how to do good accounting for nearly a millennium, but many financial institutions and regimes have just chosen not to do it. Historian Jacob Soll traces the origins of capitalism and representative government to basic accounting, and…
By Jacob Soll
Federal Reserve Board transcripts from 2008 released on Friday give a behind-the-scenes look at how the nation’s central bankers reacted to the global financial meltdown. Hari Sreenivasan speaks with the Wall Street Journal’s Jon Hilsenrath about what new insight these…
By PBS NewsHour
In September 2008, the global financial markets were melting down and banking giants teetered on the brink. Judy Woodruff recounts how the U.S. government responded in shoring up the financial sector, and, five years later, how some Americans remain angry…
Four Years After Bailouts, Banks Have Bounced Back, Still Making Risky Bets…
Economist Paul Krugman discusses the causes of the 2008 Crash with Paul Solman.
By Paul Solman
Two years to the month after the titan of Wall Street declared bankruptcy, Lehman Brothers' extensive and diverse art collection is headed to the titans of the auction block: Sotheby's of New York and Christie's of London. The art was…
By Travis Daub
Lehman Brother's extensive and diverse art collection is being auctioned off to help pay back creditors. Art world dealers suspect when the final bids are accepted for the world-renowned collection, the art could be worth $10 million.
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