Making Sen$e Sep 13 Read an excerpt from ‘Crashed’ on how the financial collapse shook the world By Gretchen Frazee
Nation Oct 01 Six years after Lehman, debating Fed independence and bank insolvency 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
Nation Sep 25 What contemporary capitalism needs to learn from fairy tales 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
Nation Jun 27 Louis XIV’s accounting shenanigans and the threat they pose today 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
Economy Feb 23 Watch Transcripts reveal Fed reactions during 2008 economic crisis 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
Sep 16 Watch Remembering the Day When the American Financial System Began to Crumble 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… Continue watching
Sep 14 Watch Four Years After Bailouts, Banks Have Bounced Back, Still Making Risky Bets Four Years After Bailouts, Banks Have Bounced Back, Still Making Risky Bets… Continue watching
Jun 21 Watch Paul Krugman on the ‘Cartoon Physics’ of the 2008 Crash Economist Paul Krugman discusses the causes of the 2008 Crash with Paul Solman. Continue watching
Sep 24 Art Collection Could Prove Shrewd Investment for Lehman Brothers 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… Continue reading
Sep 24 Art Collection Could Prove Shrewd Investment for Lehman Brothers 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. Continue reading