• Barney Frank On The Financial Crisis, 10 Years Later

    1 month ago - By NPR

    NPR's Scott Simon marks the 10th anniversary of the failure of Lehman Brothers with former Rep. Barney Frank, D-Mass., who helped craft post-crisis rules.
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  • This Little-Known Agency Could Predict Another Financial Crisis. Why Is Trump Kneecapping It?

    1 month ago - By Fortune

    Over a two-day period 10 years ago, the financial crisis of 2008 hit full stride : Lehman Brothers failed, the mega-insurer AIG was bailed out, and Bank of America announced the acquisition of Merrill Lynch. The meltdown had started long before, but Sept. 15 and 16 made it clear to everyone that a financial apocalypse could be in the offing.
    One of the culprits in causing the crisis-which wound up costing every American $70,000 , according to new research from the San Francisco Federal Reserve-was a lack of appreciation for systemic risk, or the extent to which financial giants were...
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  • Then And Now: Mortgage-Backed Securities Post-Financial Crisis

    Then And Now: Mortgage-Backed Securities Post-Financial Crisis

    1 month ago - By ETF Daily News

    From Franklin Templeton Investments : A little over 10 years ago, few people had heard of mortgage-backed securities. Yet that changed when MBS brought the global financial system to its knees. Today, they're still a pivotal part of the system, with the US Federal Reserve the largest holder.
    Franklin Templeton Fixed Income Group's Paul Varunok explains how MBS fit into the Fed's future plans and gives his outlook for the asset class.
    Ten years ago, the United States was in the depths of a financial crisis that is still a sensitive topic for many borrowers who lost their homes and for many...
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