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5 Indicators That Show We Turned a Depression-Like Shock into a Six-Year Expansion

Jason Furman | Posted 09.15.2016 | Politics
Jason Furman

Decisive policy response helped the economy return to growth only six months after the President took office and made the United States among the first advanced economies to recover its pre-crisis output per capita. Today, those economic indicators that had collapsed in early 2009 have surged above pre-crisis levels and continue to improve:​

Shahien Nasiripour

Federal Reserve Transcripts Show Fretting About Inflation As Economy Collapsed | Shahien Nasiripour | Posted 02.21.2014 | Politics

Top Federal Reserve officials were haunted by an imaginary inflation epidemic during eight months preceding the cataclysmic 2008 Lehman Brothers bankr...

On the 5th Anniversary of the Financial Crisis, 5 Critical Must-Do's -- No. 3

Phil Angelides | Posted 11.13.2013 | Politics
Phil Angelides

For the safety and security of our financial system and economy, these new rules need to get adopted without weakening and without delay. And then made even stronger.

5 Years After Lehman, Americans Still Angry At Wall Street

Reuters | Posted 11.15.2013 | Business

By Michael Erman NEW YORK, Sept 15 (Reuters) - A few years ago, Larry Summers, then the director of President Barack Obama's National ...

Zach Carter

Senate 'Break Up The Banks' Bill Draws Wall Street Scorn | Zach Carter | Posted 04.09.2013 | Politics

WASHINGTON -- Momentum to break up the nation's largest banks is building quickly on Capitol Hill, just weeks after a unanimous, symbolic vote in the ...

A Summer Fling With Wall Street

Teresa Hsiao | Posted 03.09.2013 | Comedy
Teresa Hsiao

It's the summer of 2006, and I've already mapped out my post-college plan: spend two years at Lehman, start a company, become a billionaire, buy a house in the Hamptons, have an explosive divorce, die alone but surrounded by a mountain of gold bars.

Final Winner In Wisconsin Recall Declared

The Huffington Post | Luke Johnson | Posted 06.12.2012 | Politics

The Racine, Wis. County Clerk's office declared former state Sen. John Lehman the winner of a recall election, swinging control of the Senate to the D...

How to Deceive a Client Without Really Trying

Omer Rosen | Posted 06.11.2011 | Business
Omer Rosen

When it comes to bonds, the client is conveniently never shown how to settle based on prices. Instead they are taught a nonsensical and more complicated method called yield settlement.

Legerdemath: Tricks of the Banking Trade

Omer Rosen | Posted 05.25.2011 | Business
Omer Rosen

I'd just turned 20 when I began a three-year stint on Citigroup's corporate-derivatives team. I had no work experience to speak of. As my boss said after my interview, I was "f***ing unpolished."

WATCH: Interview With Oscar Winning Director Of 'Inside Job'

Constantin Bjerke | Posted 05.25.2011 | Arts
Constantin Bjerke

"When Lehman Brothers, Merrill Lynch, and AIG collapsed together in a 48 hour period and we were all wondering if next week we'd be able to get money ...

Green Energy Boys Not So Different Than the Good Ole Oil Boys

Vivian Norris | Posted 05.25.2011 | Green
Vivian Norris

The Green Boys actually pretend to be about equality and sustainability and democracy, but they are just as obsessed as the oil and Wall Street guys with accumulating more money and power.

William Alden

After Lehman's Collapse, 'Largest Arbitrage Ever' -- And Deals On Art | William Alden | Posted 05.25.2011 | Business

The turmoil after Lehman Brothers' bankruptcy two years ago created a rare money-making opportunity for a certain type of debt trader, according to a ...

Culture Zohn Off the C(H)uff: Lucy Prebble, Enron Playwright Awaits Her Broadway Debut

Patricia Zohn | Posted 05.25.2011 | New York
Patricia Zohn

2010-04-23-ronron.jpgThere couldn't be a more auspicious time for the stateside premiere of Enron as news of the latest Wall Street scandal cascades around us.

Goldman, Wall Street and Financial Terrorism

Brian Whetten | Posted 05.25.2011 | Business
Brian Whetten

The most disturbing part of the Goldman lawsuit is that it confirms Goldman's reputation of doing whatever it takes to win, even if it damages their clients and society as a whole.

President Obama: Bring Back Black

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

It's time to bring back William K. Black and resolute regulators like him. Our proposed "financial reform" bill is a sham, and the health of our society and our economy is at stake.

Lehman Scandal: Where's the Follow Up?

Eliot Spitzer | Posted 05.25.2011 | Business
Eliot Spitzer

A deeper examination of the relationship between all the audit firms and their clients on the issue of risk-obfuscation is needed. Limiting any inquiry to Lehman alone is inadequate. To start, here are a few simple questions.

Too Big to Succeed: Dodd's Proposal Creates a Cumbersome Bureaucracy

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Once upon a time, it seemed as if our leaders understood that "too big to fail" meant "too big to exist." But in Sen. Dodd's financial reform bill, the big banks won't be dismantled -- they'll be watched ... by a committee.

Banksters (A Poem)

Patricia O'Connor | Posted 05.25.2011 | Business
Patricia O'Connor

Where are the emails from Fed and Treasury/ To Goldman, Lehman and AIG?/ Until we know who knew what and when/ How can we trust a single one of them?

Former Lehman Women React to "Doozie" of a Story

Vicky Ward | Posted 05.25.2011 | Home
Vicky Ward

In response to my article in this month's Vanity Fair, hundreds (literally) of Lehman's former women executives anxiously listened into a conference phone call about the story.

Citigroup Returns to Banking by Divesting Its Oil Trading Arm

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

It is scandalous that those in government vested with the responsibility of financial oversight have permitted a culture of "heads they win, tails we lose" to take hold and to grow into a financial Frankenstein.

The Key Question No One Asked About Goldman's Role In The AIG Bailout

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?

Goldman Turns Into a Financial Frankenstein While the Fed Snoozes Away

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Goldman was not assisted by the government to become a voracious and even heftier investment bank. Rather, one can presume that the government's assistance was to prevent systemic failure.

Goldman Sachs Responds To The New York Times

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Did Goldman Sachs dissemble and equivocate in its responses to the New York Times?

Obama Wall St. Speech: Touts Changes On Lehman Anniversary

Huffington Post/AP | Posted 05.25.2011 | Business

(AP) NEW YORK — Lecturing Wall Street on its own turf, President Barack Obama warned financial leaders not to use the recovering economy to race bac...

Tales From Lehman's Crypt: How Former Employees Are Faring

The New York Times | LOUISE STORY and LANDON THOMAS Jr. | Posted 05.25.2011 | Business

True, thousands of financial industry jobs have vanished and several of the country's best-known banks and brokerage firms have disappeared. Since a p...