financial crisis


Five years later: What it was like when Lehman came tumbling down

Sep 11, 2013
An inside perspective from a former Lehman executive who left Wall Street for good.
Posted In: Lehman Brothers, financial crisis, big banks

Five years after the financial crash: A live discussion

Sep 10, 2013
Chat live with Kai Ryssdal and other journalists about where we are now after the crash.
Posted In: financial crisis

S&P says U.S. lawsuit is based in bitterness

Sep 4, 2013
As the three main credit-rating agencies try to restore their credibility after the financial crisis, we ask: Why is S&P different?
Posted In: financial crisis, debt downgrade, S&P

Five years after the Bear Stearns collapse, where are they now?

Aug 1, 2013
The Center for Public Integrity took at look at a handful of senior people at the now defunct investment bank Bear Stearns and found they are now very gainfully employed elsewhere in the financial services industry.
Posted In: Lehman Brothers, financial crisis

Fabrice Tourre is fabulous, but why is he so lonely?

Jul 15, 2013
Fabrice Tourre, who dubbed himself “Fabulous Fab” back when he was a Goldman Sachs trader, went on trial Monday for alleged fraud during the financial crisis.
Posted In: financial crisis, Goldman Sachs, investment banks, Lloyd Blankfein

Financial crisis profit-taking winds down -- for some

Jun 25, 2013
The layoffs at law firm Weil, Gotshal & Manges show that some companies face a crisis now that the business of cleaning up the financial crisis is over.
Posted In: lawyers, madoff, financial crisis, Lehman Brothers

Justice Department sues S&P over securities ratings

Feb 5, 2013
In a lawsuit filed late Monday, the U.S. Department of Justice claims the credit rating firm Standard & Poor’s knew some $4 billion worth of mortgage-backed securities were risky.
Posted In: S&P, credit rating, financial crisis

Financial crisis fallout: Justice Department set to charge S&P

Feb 4, 2013
Reports say the U.S. Department of Justice is preparing to bring civil charges against the credit ratings agency Standard & Poor's for their part in the financial crisis of 2008. Better late than never?
Posted In: Standard & Poor's, financial crisis

Short on tax revenue, Atlanta counties sue HSBC

Jan 28, 2013
The housing crash not only touched off a wave of foreclosures, it torpedoed property values and the taxes cities and counties collect off them. But some localities are fighting back in an effort to reverse their budget shortfalls.
Posted In: HSBC, foreclosure, Atlanta, financial crisis

Bank regulators loosen up on liquidity rule

Jan 7, 2013
Regulators in Basel have decided riskier assets can be used as part of a bank's emergency buffer.
Posted In: banking, bank regulations, financial crisis