A decade on from the Lehman collapse, and things need to change.
A new wave of agitators in the realm of monetary systems has emerged.
As the consequences of the crisis continue to be felt, some of those involved have fared better than others.
Last week marked the 8th anniversary of the collapse of Lehman Brothers, the huge Wall Street investment bank. This bankruptcy sent financial markets into a panic with the remaining investment banks, like Goldman Sachs and Morgan Stanley, set to soon topple.
For Erin Callan, it was a nightmare.
Senator Sanders has blamed the "big banks" of Wall Street for the 2008 financial crash, while Secretary Clinton has pointed in the direction of the "shadow banking" sector. These two views have stirred a lively debate, but who got it right?
The Big Short - a chronicle of infectious shortsightedness; epidemic blindness, delusion, and deceit.
Burry's mania drove him to read, discover, process and discern what others didn't - or couldn't. What he uncovered and fathomed
Protecting the American people from another devastating financial crash and the economic wreckage it causes begins with reflecting honestly about the past and trying to learn the right lessons.
This week marks the 7th anniversary of the collapse of Lehman Brothers. The anniversary of this collapse, September 15th, is the day set aside to ridicule the people who warned of a second Great Depression if the Treasury Department didn't rescue the Wall Street banks.
The weakness with analyst research is that they are focused on estimating as accurately as possible what the next season's growth will be, to the exclusion of whether the company will be around or not. These are two different types of analyses.