• Decade later: Safer financial system yet much hasn't changed

    1 month ago - By Chron

    On the brink of crumbling a decade ago, America's financial system was saved by an extraordinary rescue that revived Wall Street and the economy yet did little for individuals who felt duped and left to suffer from the reckless bets of giant banking institutions.
    The government intervention shored up the banking system, allowed credit to flow freely again and helped set the economy on a path toward a painfully slow but lasting recovery from the Great Recession.
    In the process, though, millions endured job losses, foreclosures and a loss of financial security and struggled to recover with...
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