Five Years Since Lehman

Five years after the fall of Lehman Brothers and the worst financial crisis since 1929, one thing seems certain: another meltdown of the financial system will eventually happen. Why? Because we still haven't fixed many of the problems that led to the last crisis.  Here are six reasons another...
09/15/2013
Blog
It’s going to be an explosive fall, financially speaking, regardless of what transpires in the Middle East. The culmination of faux regulation, debt ceiling debates, derivatives growth and the ever-expanding Federal Reserve books will provide lots of volatility—for which the White House will be...
09/13/2013
Blog
When it comes to financial products, the line between employee and consumer often becomes blurry. If your boss insists that you receive your wages on a pre-paid debit card that charges high fees to access your earnings or check your balance it’s clearly a serious employment problem. And yet...
09/13/2013
Blog
The Tea Party crazies are at it again in Washington, making John Boehner and Eric Cantor look like flexible moderates by comparison. While Boehner and Cantor want to avert a government shutdown—which is the last thing the GOP needs right now—extremist members of the House stand ready to bring the...
09/13/2013
Blog
It’s the fifth anniversary of the bankruptcy of Lehman Brothers this week and the US still hasn’t recovered. After an anemic recovery, in which per capita output failed to rebound as quickly it had previously, we remain far below our economic potential. A Dallas Fed letter, pictured above, reveals...
09/11/2013
Blog
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