financial crisis

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Former regulator Sheila Bair on the financial crisis

Sep 25, 2012
It may be too early to assign blame for Europe's economic crisis, but it is not too early to figure out what went wrong in this country back in 2008. Sheila Bair headed the FDIC back then, and is out with a new book this morning, in which she says she saw signs of trouble in subprime mortgages way back in 2006.
Posted In: FDIC, financial crisis, mortgage crisis

Former Treasury official: AIG no longer 'too big to fail'

Sep 10, 2012
The former Chief Restructuring Officer at the U.S. Department of the Treasury says the government could end up making $20 billion on the AIG bailout
Posted In: AIG, bailout, financial crisis, U.S. Treasury

Citigroup settles shareholder lawsuit for almost $600 million

Aug 30, 2012
Four years after the financial crisis, it's like the chickens of 2007 and 2008 are finally coming home to roost.
Posted In: Citigroup, lawsuit, financial crisis

Manos the Greek on funny side of economic crisis

Jun 25, 2012
Greece's lenders had planned a visit to the country today, but wouldn't you know it: the brand new finance minister's been fainting and sick to his stomach. If Greece weren't so sad, it'd be funny; maybe it's still funny -- at least one guy thinks so.
Posted In: comedy, Greece, financial crisis

The future of Greece, and other financial crises

Jun 19, 2012
A conversation with Neel Kashkari, the former head of TARP and now head analyst with PIMCO, on what Europe can learn from the U.S.'s own financial storm.
Posted In: financial crisis, Neel Kashkari, Greece, bailout

Why disclosure wasn't enough to stop JPMorgan losses

May 22, 2012
After the financial crisis of 2008, regulators focused on the idea of disclosure to prevent further problems in the financial industry. But what happens when the bank itself doesn't know how bad things are?
Posted In: banking, financial crisis, JPMorgan, Jamie Dimon

Stockton on the brink

May 18, 2012
The city of Stockton, Calif. has been hit hard by the financial crisis. With the city on the verge of bankruptcy, residents share what it's like when your town is teetering on the brink.
Posted In: stockton, california, bankruptcy, financial crisis, foreclosure

Shooting for the stars, learning to manage debt

Mar 21, 2012
A Seattle family learns the hard way how to manage its finances.
Posted In: Seattle, family budget, mortgage, financial crisis

Nailing a comeback

Mar 21, 2012
Connecticut contractor Peter Schneider is surviving the recession thanks to his hard-won skills, hard-working attitude, and a little bit of luck.
Posted In: bethel, Connecticut, housing market, financial crisis, construction

Iceland's former prime minister goes on trial

Mar 5, 2012
One of the first places to be hit hard by the 2008 financial crisis was Iceland. The country's three main banks collapsed, ushering in hard times for the island nation, and sending monetary shockwaves across Europe.
Posted In: Iceland, financial crisis

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