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Financial Crisis

Money Talking

Look Who's Talking! Wall Street Reflects on the Financial Crisis

Friday, March 20, 2015

More than six years later, Wall Street CEOs are reflecting on what happened. But not the ones who made millions even as their companies collapsed.

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The Leonard Lopate Show

The CEOs Who Stayed On After The Financial Crisis

Wednesday, March 18, 2015

Most of the CEOs who led Wall Street to the brink of collapse in 2008 got huge payouts as their firms went under, but others stayed at the helm.

Comments [16]

The Leonard Lopate Show

Crash Course: What We Should Have Learned from the Financial Crisis

Tuesday, October 14, 2014

The Financial Times', Martin Wolf explains what caused the 2007-08 financial crisis and looks at whether regulations have made out financial system more stable and sustainable.

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Money Talking

Lehman Brothers Didn't Have to Go Bankrupt

Friday, October 03, 2014

Six years after filing for bankruptcy and igniting the financial crisis, new reporting suggests the government could have bailed out the bank and saved it. 

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The Takeaway

Former AIG Exec Challenges Bailout

Wednesday, October 01, 2014

A real life courtroom drama is playing out this week—the former head of AIG is challenging the legal justification for the government's bailout of his company.

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The Brian Lehrer Show

'Legal But Shady'

Wednesday, October 01, 2014

Secret recordings from the New York Fed made during the financial crisis show regulators appearing unwilling to truly confront the banks they regulate. Inside the latest revelations.

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The Takeaway

Major Bank Pleads to Criminal Charges for First Time in 20 Years

Tuesday, May 20, 2014

Agreeing to pay $2.6 billion in penalties, Credit Suisse admitted to helping wealthy Americans evade their taxes by hiding their money in offshore accounts.

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Money Talking

My Turn: Timothy Geithner's Take on the Financial Crisis

Friday, May 09, 2014

The former Treasury Secretary's forthcoming book Stress Test details his account of account of just what happened during the financial crisis.

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The Takeaway

Why One Banker Went to Jail for the Financial Crisis

Friday, May 02, 2014

More than five years after the biggest financial collapse since the Great Depression, only one major banker has gone to prison for crimes contributing to the Great Recession. The lack of prosecutions have deep roots in the Department of Justice.

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The Takeaway

A European Perspective on the Recession & Recovery

Thursday, November 21, 2013

Have American financial regulators and investors really learned from the mistakes that set off the financial crisis five years ago? Faisal Islam is the economics editor for Channel 4 News and author of “The Default Line: The Inside Story of People, Banks, and Entire Nations on the Edge.” He says so much of the story behind the financial collapse is one of excessive risk and recklessness. He joins the program to provide the British perspective on global financial crisis and why the story of the collapse is actually a series of portraits rather than a series of ideas.

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The Takeaway

The Crash of 2016: Thom Hartmann on the Future of the U.S. Economy

Wednesday, November 20, 2013

Did we learn from the financial crisis? Thom Hartmann, host of “The Thom Hartmann Program," doesn't think so. Hartmann is the author of a new book titled, “The Crash of 2016: The Plot to Destroy America and What We Can Do to Stop It.” In it, he warns that the U.S. economy is on track for another collapse—perhaps more devastating than the last one.

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The Brian Lehrer Show

Who's Getting Helped in the J.P. Morgan Settlement?

Wednesday, November 20, 2013

J.P. Morgan Chase has reached a settlement of $13 billion stemming from the financial crash, with $4 billion going to homeowners. What comes next? Ask Felix Salmon, finance blogger at Reuters.

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Money Talking

JPMorgan Could Pay $11 Billion To Settle Government Probes

Friday, September 27, 2013

JPMorgan is reportedly in discussions to settle scores of government investigations with a settlement estimated at $11 billion.

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WNYC News

The Beat Goes on for Band of Ex Lehman Employees

Monday, September 16, 2013

When Lehman Brothers, imploded five years ago, thousands of brokers, analysts, and office staff were scattered on the winds of the Great Recession. Today Lehman is no more, but an electric blues band formed in the bank’s better days is still jamming and playing gigs.

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The Brian Lehrer Show

Five Years Later: The 2008 Financial Crisis

Friday, September 13, 2013

Five years ago today, Lehman Brothers was in the midst of a multi-billion-dollar collapse, and the world was coming to grips with the new normal of the Great Recession. Sheila Bair, former FDIC chairman and author of Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street From Itself (now out in paperback), reflects on the state of the banking system today, and what comes next.

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The Leonard Lopate Show

McKinsey and Capitalism; Joe Berlinger on Hank Paulson; Jonathan Lethem on His New Novel; Please Explain

Friday, September 13, 2013

Financial journalist Duff McDonald explains how the consulting firm McKinsey & Company has shaped American business since 1926. Filmmaker Joe Berlinger on his new documentary about how former Treasury Secretary Hank Paulson steered the economy through the financial meltdown 5 years ago. Jonathan Lethem talks about his latest novel, Dissident Gardens. Plus, during this Jewish holiday season, this week’s Please Explain is all about Yiddish!

Money Talking

Lehman's Bankruptcy, Financial Crisis: Who's to Blame? Are We Safer?

Friday, September 13, 2013

Five years ago Sunday, Lehman Brothers filed for bankruptcy and set off the financial crisis that threatened the entire global financial system and plunged the nation further into recession, one it's still recovering from today.

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Money Talking

Former Goldman Trader Found Liable for Misleading Investors in Mortgage Deal

Friday, August 02, 2013

The SEC secured a courtroom win against an employee of a Wall Street bank at the center of the financial collapse. A jury Thursday found former Goldman Sachs trader Fabrice Tourre, the self-proclaimed "Fabulous Fab," liable on six counts of fraud.

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The Brian Lehrer Show

The End of the American Dream?

Friday, July 26, 2013

Benjamin Wallace-WellsNew York Magazine staff writer, talks about the economist who thinks there might not be a full recovery from the 2008 financial crisis and that the American Dream's time has passed.

Comments [19]

The Leonard Lopate Show

Matt Taibbi on the Last Mystery of the Financial Crisis

Thursday, June 27, 2013

Rolling Stone Contributing Editor Matt Taibbi discusses what new documents reveal about the role that the rating agencies played in the 2008 financial meltdown. His latest article is "The Last Mystery of the Financial Crisis."

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