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2008 Financial Crisis

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 07.22.2015 | 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 06.16.2015 | 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

HuffingtonPost.com | 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...

Bernanke's Colorful Metaphor For The Financial Crisis Is Spot-On

AP | By MARTIN CRUTSINGER | Posted 03.18.2014 | Business

WASHINGTON (AP) — In his final public appearance as chairman of the Federal Reserve, Ben Bernanke took a moment to reflect on the 2008 financial cri...

The Scorsese Principle of Deliberative Democracy

Zach Hindin | Posted 03.02.2014 | Entertainment
Zach Hindin

The trouble is that last week, my own calculus of rational self-interest took me out to the movies, not to Zuccotti Park. I was aroused, but for all the wrong reasons.

Why We Need a New Macroeconomics

Jeffrey Sachs | Posted 01.23.2014 | Politics
Jeffrey Sachs

Many progressives will no doubt say that I'm being unfair to the Keynesians, and that they too would favor an investment strategy if the Republicans didn't block them. I hope that's true. Yet Keynesian stimulus repeatedly takes our eyes off the long term.

The Key Lesson From The Crash Of 1929 That Still Rings True Today

The Huffington Post | Posted 10.30.2013 | Business

Tuesday marks the 84th anniversary of the stock market crash of 1929, also known as Black Tuesday. Despite the many decades that have passed, one ...

Life After Crisis Isn't So Bad For This Guy

Center for Public Integrity | Lauren Kyger, Alison Fitzgerald and John Dunbar | Posted 09.12.2013 | Business

On March 11, 2008 Christopher Cox, former chairman of the Securities and Exchange Commission, said he was comfortable with the amount of capital that ...

Execs Responsible For Mortgage Crisis Are Back In Business

Center for Public Integrity | Daniel Wagner | Posted 09.11.2013 | Business

Andy Pollock rode the last subprime mortgage wave to the top then got out as the industry collapsed and took the U.S. economy with it. Today, he’s b...

Five Years After Crash, States Still Picking Up Pieces

Stateline | Pamela M. Prah | Posted 09.04.2013 | Politics

This piece comes to us courtesy of Stateline. Stateline is a nonpartisan, nonprofit news service of the Pew Charitable Trusts that provides daily repo...

Viking Virtues = Viking Capital

Darryl Woodard | Posted 08.22.2013 | Business
Darryl Woodard

In 2008, as the United States suffered the worst recession since the Great Depression, the effects of the economic downturn were felt worldwide. There...

How Ratings Agencies Helped Trigger The Financial Crisis

Rolling Stone | Posted 06.23.2013 | Business

It's long been suspected that ratings agencies like Moody's and Standard & Poor's helped trigger the meltdown. A new trove of embarrassing documents s...

Study: Third Of Financial Advisers May Have Had PTSD After Crisis

The Huffington Post | Caroline Fairchild | Posted 05.11.2013 | Business

The entire country suffered greatly during the most recent financial crisis, but a recent study reveals that financial professionals were affected in ...

Why Hank Greenberg Owes the American Taxpayer Money

Sanjay Sanghoee | Posted 06.01.2013 | Business
Sanjay Sanghoee

I don't care if Greenberg wants to sue God. It is a free country and he can do what he wants. But I do care when someone tries to reverse the consequences of their own bad decisions by using up the resources of my government.

AIG's former CEO, Hank Greenberg: "The Government Exceeded Its Authority"

92nd Street Y | Posted 05.28.2013 | Business
92nd Street Y

On March 19, Hank Greenberg, AIG's former CEO of 40 years and now head of Starr Companies, sat down with Bloomberg Television anchor Betty Liu at 92Y ...

FBI Should Investigate Bankers, Not Protesters

C. Robert Gibson | Posted 01.02.2013 | Politics
C. Robert Gibson

It's offensive that it is now considered criminal activity to peacefully protest economic inequality. But it's disgusting that our government is letting real terrorists and criminals get away while going after the very people trying to make things right.

Mark Gongloff

Risky Business Pays Off For Wall Street

HuffingtonPost.com | Mark Gongloff | Posted 09.06.2012 | Business

To listen to bankers tell it, President Barack Obama has been their worst nightmare. But considering how easy banks have actually had it since the fin...