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2008 Financial Crisis

Elizabeth Warren Has Had It With Donald Trump

The Huffington Post | Marina Fang | Posted 05.25.2016 | Politics

WASHINGTON -- Sen. Elizabeth Warren (D-Mass.), amplifying her her recent attacks on Donald Trump, admonished the presumptive GOP presidential nominee ...

How (Not) To Prevent The Next Big Financial Bubble

The Huffington Post | Daniel Marans | Posted 05.05.2016 | Business

The Federal Reserve should not increase interest rates in order to deflate financial asset bubbles, two progressive economists argue in a policy brief...

The Feds Are Finally Cracking Down On Wall Street Bonuses

The Huffington Post | Ben Walsh | Posted 04.21.2016 | Business

“I’ll be gone, you’ll be gone,” are six words dangerous words on Wall Street. They get at one key reason why so many people took so many risks...

Goldman Sachs Fined $5B for Faulty Mortgage Practices

GOBankingRates | Posted 04.12.2016 | Business

By Andrew DePietro, Staff Writer Goldman Sachs concluded a $5.06 billion settlement on April 11 due to federal charges of deceptive mortgage policies...

Elizabeth Warren: Why Have Wall Street Execs Not Been Prosecuted?

Quora | Posted 03.14.2016 | Politics

After the financial crisis, where were the full-scale public investigations? Where were the armies of auditors, seizing hard drives and poring over the financial statements? Where were the teams of regulators who were supposed to be checking the books all along?

Subprime gets bad rap in 'Big Short' but is key to easing affordability crisis

The Conversation US | Posted 02.25.2016 | Business
The Conversation US

Jaime Luque, University of Wisconsin-Madison Anyone who's dug into the 2008 financial crisis knows the role that bundling and selling subprime housin...

The Big Short and Your Retirement

Bailey Childers | Posted 02.26.2016 | Business
Bailey Childers

If someone was lucky enough to have a public pension when the market crashed, a dignified retirement is still possible thanks to the fundamental structure of a pension. Meanwhile, if an employee's assets were in a 401(k) when reckless bankers brought our country to the brink of financial collapse, they might have ended up with nothing.

World-Renowned Economist Sergei Guriev on the Russian Economy: Takeaways from his Speech at the Oxford Guild

Samuel Ramani | Posted 02.19.2016 | World
Samuel Ramani

On January 27, 2016, Sergei Guriev, a leading Russian economist and Professor of Economics at Sciences Po University in Paris, made a speech to the Ox...

US Then, China Now: Have We Learned Anything?

CHEE Soon Juan | Posted 01.27.2016 | Politics
CHEE Soon Juan

Between 2007 and 2008, Temasek Holdings and the Government of Singapore Investment Corporation (GIC) lost a combined US$80 billion of their assets in ...

Why The Big Short Matters

Dennis M. Kelleher | Posted 01.19.2016 | Politics
Dennis M. Kelleher

The movie The Big Short tells a compelling version of the greatest economic tragedy to hit the country since the Great Depression -- the 2008 financial crash. It also may tell a nightmarish vision of the future.

On Wall Street Reform, Bernie Sanders Is the Democrat and Clinton is the Republican

H. A. Goodman | Posted 01.06.2016 | Politics
H. A. Goodman

In 2016, only Bernie Sanders wants to address the structural issues leading to the financial crisis, while POLITICO once referred to Hillary Clinton as "Wall Street Republicans' dark secret."

Jeb Bush 'Open To The Idea' Of Reinstating Key Wall Street Regulation

The Huffington Post | Daniel Marans | Posted 01.05.2016 | Politics

Republican presidential candidate Jeb Bush said he would consider reinstating a major Wall Street regulation, showing more willingness to police the f...

Wall Street Trying to Use Budget Bill to Put Its Special Interests Above the Priorities of the American People

Dennis M. Kelleher | Posted 09.23.2015 | Politics
Dennis M. Kelleher

Wall Street's army of high priced lobbyists are again working Washington day and night to use this year's spending bill for their gain at the expense of the American people. Wall Street views essential, must-pass, nationally important legislation as just an opportunity for them to sneak in their wish list of special provisions.

The Speech Hillary Clinton Should Give to the 1 Percent on Capitalism and Income Inequality

Carla Seaquist | Posted 09.21.2015 | Politics
Carla Seaquist

Fat Cats, Members of the 1 Percent, the Filthy Rich: Just kidding..... I come in peace and I come with a proposal -- an investment proposal and a course correction -- to restore and secure this great country going forward. You, America's wealthy class, are key to the American Renaissance.

George W. Bush -- Not Bernie Sanders -- Is The Real 'Socialist'

H. A. Goodman | Posted 08.27.2015 | Politics
H. A. Goodman

George W. Bush, not Bernie Sanders, is the real "socialist" of our generation, primarily because the economy collapsed under his tenure and as a result, the conservative president began an ongoing program of government stimulus into various industries.

Financial Reform Helping Protect Families From Another Devastating Crash

Dennis M. Kelleher | Posted 07.22.2016 | Politics
Dennis M. Kelleher

The facts of the crisis also make clear that the impacts did not know partisan boundaries. In fact, the economic wreckage from the 2008 financial crash hit every state in the country, regardless of whether the state voted for the Republican or Democratic candidate for President.

Why Presidential Candidates Are Talking About the Unique Threat Posed by Wall Street's Megabanks

Dennis M. Kelleher | Posted 06.14.2016 | Politics
Dennis M. Kelleher

The handful of Wall Street's sprawling too-big-to-fail "banks" pose a unique, dangerous threat to America's families, workers, financial system and economy, which their "hide and disguise" strategy tries to conceal.

Elizabeth Warren Fires Back After Wall Street Threats

The Huffington Post | Lydia O'Connor | Posted 03.28.2015 | Politics

Sen. Elizabeth Warren (D-Mass.) has a blunt message for the big Wall Street banks that may withhold campaign donations to Senate Democrats in hopes of...

DOJ May Go After Individual Bankers For Role In Financial Crisis

Reuters | Posted 02.17.2015 | Politics

WASHINGTON, Feb 17 (Reuters) - U.S. Attorney General Eric Holder said on Tuesday that he has given U.S. Attorneys a 90-day deadline to evaluate whethe...

Fannie Mae And Freddie Mac May Help End Homelessness In America

The Huffington Post | Robbie Couch | Posted 02.02.2015 | Impact

Two organizations synonymous with the 2008 financial crisis could play vital roles in helping America's most vulnerable residents get off the streets....

Paul Blumenthal

Plunge In Wall Street Money Bolsters Populist Shift Among Democrats | Paul Blumenthal | Posted 01.10.2015 | Politics

WASHINGTON -- With their first act in full control of the new Congress, Republicans tried to push through a bill to delay the Volcker Rule, which limi...

Elizabeth Warren: An Honest and Courageous Woman in a Cowardly and Centrist Democratic Party

H. A. Goodman | Posted 02.16.2015 | Politics
H. A. Goodman

Wall Street may have won today, and will probably win again tomorrow, but at least we all have Elizabeth Warren to defend the people of this country from those who'd bet the farm and get the farm back when they inevitably lose the bet.

Could This Be the Year Recovery Finally Comes to Main Street?

Mary Buffett | Posted 02.01.2015 | Business
Mary Buffett

We may be at a place where the Great Recession can move from the forefront and into our rearview mirrors. It could be the year when Santa adds something extra to the bottom line of retailers everywhere. We shall see. Don't forget, today is Giving Tuesday.

WATCH: We Live In A 168-Square-Foot Home

HuffPost Live | Posted 01.23.2014 | HuffPost Live 321

Despite America's tendency to pride itself on McMansions, many families are making it work--and work well--in just a few hundred square feet. Hari and...

Sheila Bair Zings Former U.S. Treasury Secretary Tim Geithner

The Huffington Post | Adriana Usero | Posted 01.23.2014 | Politics

WASHINGTON -- Former FDIC Chair Sheila Bair on Wednesday defended ex-Treasury Secretary Timothy Geithner's move to the private equity firm Warburg Pin...