🎁 'Tis the season to support public service journalism Donate Now

Amid downfall of crypto exchange FTX, an absence of regulation and rescuers

Nov 14, 2022
FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor's Liz Hoffmann.
"Customers of FTX and a lot of these crypto companies that have gone bankrupt are realizing that they are the creditors," says Liz Hoffman of Semafor.
Leon Neal/Getty Images

Lessons learned from an economist's diary during the Lehman collapse

Sep 14, 2018
We spoke with Grant Thornton economist Diane Swonk about the diary she kept throughout the financial crisis in 2008.

A view from the center of the Lehman Brothers collapse

Sep 14, 2018
Tom Russo, former general counsel at Lehman Brothers and AIG, talked to us about how the fall of Lehman Brothers could have been stopped.
Kiyoshi Ota/Getty Images

10 years after the Lehman collapse, homeownership barriers spur new rental options

Sep 13, 2018
Property developers around the world are capitalizing on "Generation Rent."
Tipi is among several property companies capitalizing on the rent-for-longer issue fueling a pre-existing housing shortage in Britain’s capital. The company is in the process of constructing a large-scale campus with dozens of buildings that will add 7,500 new rental units to the market. This photo from Tipi shows a prospective look at an apartment space.
Courtesy of Tipi

Why Lehman still exists 10 years after its collapse

Sep 10, 2018
The investment bank's failure triggered nearly 80 bankruptcy proceedings involving hundreds of its subsidiaries.
An employee poses with part of a Lehman Brothers sign at Christie's auction house in London in 2010.

5 things you need to know about Lehman Brothers

Sep 10, 2018
Lehman's collapse is, to this day, the largest bankruptcy filing in U.S. history.
Two employees of Christie's auction house manoeuvre the Lehman Brothers corporate logo on Sept. 24, 2010 in London, England.
Oli Scarff/Getty Images

For public good, not for profit.

Angelo Mozilo really doesn't get it

Sep 2, 2014
Angelo Mozilo wants to know why people still think he's a villain.

The global echos of America's financial mess

Sep 13, 2013
The effects of the 2008 financial crisis hit even disparate economies like Ireland, Iceland and Latvia.

The phrase that defined the financial crisis

Sep 12, 2013
'Too big to fail' became the signature line of the financial crisis. Five years after the crash, many big financial firms are only bigger. But one has decided it's time to shrink.
Mario Tama/Getty Images