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Llewellyn 2022-11-30 11:29:52
difficult to change
Back then, the collapse of Lehman Brothers dominated the news, and it has been 11 years since the 2008 financial crisis. How did the original crisis happen, and what role did ordinary individuals, investment bankers, academia, government agencies, credit rating agencies play in this disaster?...
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Maymie 2022-12-08 05:27:09
Success or not, some things are worth fighting for
The most comprehensive interpretation of the 2008 financial crisis is a movie I have ever seen. Big shorts, too big to fail are all cut from a certain angle. The former starts from the very few sober people who see through CDO and MBS, and recognizes the essence of going short to win the future;...
Eliot Spitzer
Extended Reading
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Narrator: After the crisis, the financial industry, including the Financial Services Roundtable, worked harder than ever to fight reform. The financial sector employs 3,000 lobbyists, more than five for each member of Congress.
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George W. Bush: You don't have to have a lousy home. The low-income home buyer can have just as nice a house as anybody else.
