financial crisis


Former PM of Iceland faces charges over financial crisis

Mar 5, 2012
Iceland suffered a total financial collapse back in 2008. Today, the country's former prime minister goes on trial for his role in it.
Posted In: Iceland, financial crisis

Former British banker gets knighthood revoked

Feb 1, 2012
Fred Goodwin led the Royal Bank of Scotland when it nearly collapsed during the financial crisis in 2008. The queen has now taken away his title of knight, leaving him in some less-than-honorable company.
Posted In: Britain, financial crisis, United Kingdom, Queen Elizabeth II

Criminal charges expected for ex-Credit Suisse traders

Feb 1, 2012
The government is expected to file criminal charges today against two former traders at the investment bank Credit Suisse for allegedly misstating the value of mortgage bonds back in 2008.
Posted In: Credit Suisse, financial crisis, legal

Federal prosecutors target former Credit Suisse traders

Feb 1, 2012
Prosecutors are expected to file criminal charges against traders from Credit Suisse for inflating the value of mortgage bonds back in 2008. Why it has taken so long for these charges to be filed?
Posted In: Credit Suisse, legal, financial crisis

Citigroup case could head to court

Nov 29, 2011
A New York judge has put the kibosh on a $285 million settlement between Citigroup and the Securities and Exchange Commission.
Posted In: Citigroup, financial crisis

MID-DAY UPDATE: American families make 18% less after the financial crisis, radiation levels continue to rise in Japan

Mar 25, 2011
Here are some of today's top headlines from the Marketplace Morning Report and around the web. The economy, in the last quarter of 2010, grew ...
Posted In: Commerce Department, Economy, financial crisis, Forbes, Fukushima, gas, gas prices, GDP, Honda, Japan, mid-day update, Nissan, nuclear, nuclear energy, nuclear power, production, radiation, Rederal Reserve, Toyota

The all-time champion recipient of federal aid from the financial crisis?

Mar 16, 2011
This final note today, in which I somehow naively hope will be the last time we'll have to say the word "TARP" on this program....
Posted In: Bank of America, Citigroup, financial crisis, TARP


Jan 27, 2011
The World Economic Forum is underway in Davos, Switzerland, and already we're hearing from forum participants. A senior executive of Goldman Sachs...
Posted In: bank regulations, credit rating, Davos, FCIC, financial crisis, Goldman Sachs, Japan, mid-day update, S&P

Financial crisis and 'Other People's Money'

Jan 26, 2011
If you want to find out what caused the 2008 financial crisis, you can pick up a copy of the 576-page report by the U.S. commission appointed to ...
Posted In: book review, Books, financial crisis, financial reform