Today, President Obama was on Wall Street, discussing the financial crisis and next steps on the one-year anniversary of the Lehman Brothers meltdown. Nightly Business Report revisited the collapse and also shared Treasury Secretary Larry Summers’ reaction from one year ago. “As for Wall Street itself, there is little evidence any lessons have been learned,” [...]
It’s been a year since both Freddie Mac and Fannie Mae were taken over by the federal government (here’s a look at why), followed by the fall of Lehman Brothers. While the recession may have deeper roots, the banking collapse got the media looking at how we got here, and now – how to get [...]
From Twitter NPR: Economy Nightly Business Report Marketplace Business Desk Unknown FeedReporters and producers from around the country are attending "economy bootcamps" to understand the current downturn.
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