Curious CapitalistCurious Capitalist
Tomorrow marks the four year anniversary of the fall of Lehman Brothers … and the moment when our economy went off the cliff.
Today, with an economy that’s still just sputtering along, Wall Street has come roaring back. Why is the S & P up 14 percent when nearly every bit of real economic news is bad? And has anything really changed …
Why weren’t the first signs taken more seriously? Has there been a serious failure of regulation, or are there strong mitigating circumstances that could explain and justify the lack of resolute action?
Money market mutual funds are not the same as savings accounts. A lot of people don’t understand that, and now the SEC wants to make it clear.
We can all remember the sudden collapse of Lehman Brothers in September 2008, the official launch of the last financial crisis. Panicked investors dumped stocks and bonds around the globe in a desperate flight to cash and …
Fuld on the Offensive via Getty Images
The Financial Crisis Inquiry Commission on Wednesday took on the question of what led to Lehman’s failure and I’m not sure we came away with any answers. Although we did get a much better window into the lingering bad blood between Fuld and the Federal Reserve.
The FCIC is looking into the …
