(U.S. Edition) Now that the federal government has been shut down, some federal agencies have furloughed workers. With over half of the staff at the Centers for Disease Control deemed “nonessential,” we’ll look at some of the tasks that may go unmanaged. Afterwards, we’ll talk to Yale professor Andrew Metrick about whether the Federal Reserve could have handled the financial crisis better — a conversation that’s part of our new project Divided Decade. In the series, we’ll explore how the financial crisis and its aftermath changed America.
Segments From this episode
Could the Federal Reserve have prevented the financial crisis?
A look at what the Fed was doing — and wasn't — before the crisis hit the headlines and your bank account.
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Sinking markets, emergency meetings: A Fed governor recalls 2008
For Randall Kroszner, 2008 was all about doing the exact opposite of what the Fed did in the 1930s.