Overview of the Two Financial Crises

August 2017

• Financial Crisis 1o Years Later:
  • “It’s official: Warren Budget made about $13 billion on Bank of America deal” (WSJ, 8/29/17)
  • “Investors pour back into crisis-era credit product” (FT, 8/23/17)
  • “Securitisation can be a sturdy ally for investors” (FT, 8/15/17)
  • [TOP TEN]“Today’s financial crisis: we forgot the financial crisis of 2007” (WSJ, 8/10/17)
  • “Ten years on, the crisis still looms large” (WSJ, 8/9/17)
  • [TOP TEN]“How do you shut down a failing financial giant? Lawmakers can’t seem to agree” (LAT, 8/7/17)
  • [TOP TEN]“US passes $150bn milestone in credit crisis fines” (FT, 8/6/17)

July 2017

• Financial Crisis 1o Years Later:
  •  [TOP TEN]“The sequel to the global financial crisis is here” (FT, 7/31/17)
  • [TOP TEN]“U.S. foresaw better return in seizing Fannie and Freddie profits” (NYT, 7/23/17)
  • “Draft rules cast doubt over eurozone securitisation reforms” (FT, 7/19/17)
  • [TOP TEN]“Send in the audit crack squads to save confidence in banks” (FT, 7/2/17)
• HUD Sale of Distressed Mortgages: “HUD ignored procedures in selling distressed mortgages, report says” (NYT, 7/25/17)

May 2017

• Financial Crisis 1o Years Later:
  •  [TOP TEN]“How tales of ‘flippers’ led to a housing bubble” (NYT, 5/18/17)
  • “U.K. government sells final stake in Lloyds Banking Group” (NYT, 5/17/17)
  • “Property market learns from transformative crash” (FT, 5/14/17)
  • “Prepare for a new supercycle of innovation” (WSJ, 5/9/17)
  • [TOP TEN]“John Paulson’s fall from hedge fund stardom” (NYT, 5/1/17)

April 2017

• Financial Crisis 1o Years Later:
  • [TOP TEN]“Your way of life would not be remotely possible without Wall Street” (LAT, 4/2/17)

March 2017

• Financial Crisis 1o Years Later:
  • “Greenberg doesn’t want Buffett to buy AIG” (WSJ, 3/30/17)
  • [TOP TEN]“Goldman Sachs and hedge funds take stake in Iceland’s Arion Bank” (FT, 3/20/17)
  • [TOP TEN]“Iceland’s capital solution to a dire banking crisis” (FT, 3/15/17)
  • “Iceland will lift remaining capital controls in place since 2008 crash” (NYT, 3/12/17)
  • [TOP TEN]“AIG CEO Peter Hancock to resign after turnaround plan falters” (WSJ, 3/9/17)
  • [TOP TEN]“A.I.G.’s Chief Executive to resign after turnaround setback” (NYT, 3/9/17)
  • [TOP TEN]“Peter Hancock to quit as AIG chief after recovery plan flounders” (FT, 3/9/17)
  • “AIG chief executive Hancock to resign” (FT, 3/9/17)
  • “AIG: ahead of its skis” (FT, 3/9/17)

November 2016

• Financial Crisis 1o Years Later:
  •  “Miami, in unusual legal strategy, sues big banks to recoup losses during mortgage crisis” (LAT, 11/8/16)

October 2016

• Deutsche Bank’s “Lehman moment”?:
  • [TOP TEN]“Deutsche Bank as next Lehman Brothers: far-fetched but not unthinkable” (NYT, 10/6/16)
  • [TOP TEN]“Understanding Deutsche Bank’s $47 trillion derivatives book” (WSJ, 10/5/16)
  • “Deutsche reawakens systemic fears amid talk of ‘Lehman moment’” (FT, 10/3/16)

September 2016

• Deutsche Bank’s “Lehman moment”?:
  • [TOP TEN]“Ghost of Lehman haunts Deutsche Bank” (WSJ, 9/30/16)
• Financial Crisis 8 Years Later:
  • “The doubts of Alan Greenspan” (WSJ, 9/29/16)
  • “Wounds from the 2008 financial crisis are still bleeding” (FT, 9/23/16)
  • [TOP TEN]“We are still groping for truth about the financial crisis” (FT, 9/16/16)

July 2016

• Financial Crisis 8 Years Later:
  • [TOP TEN]“Pointing a finger at the Fed in the Lehman disaster” (NYT, 7/21/16)
  • “Carlyle goes on trial for a financial-crisis meltdown” (WSJ, 7/18/16)
• Past Economic Crises: [TOP TEN]“Election 2016 is propelled by the American economy’s failed promises” (WSJ, 7/7/16)

April 2016

• Ahold – Europe’s Enron: “Dick Boer, ahold: return from an Enron-like scandal” (FT, 4/17/16)
• Financial Crisis 8 Years Later:
  • “Big banks aren’t the problem” (WSJ, 4/19/16)

March 2016

• Financial Crisis 8 Years Later:
  • [TOP TEN]“Wall Street’s former top woman tells her side of Lehman’s collapse” (WSJ, 3/21/16)
  • “What crisis? Big ratings firms stronger than ever” (WSJ, 3/11/16)
  • “Bank ethics under scrutiny as UK sets up standards body” (FT, 3/7/16)

February 2016

• Financial Crisis 8 Years Later:
  • “Lehman Brothers still with us in spirits, via Scotch Whisky” (WSJ, 2/7/16)

January 2016

• Financial Crisis 8 Years Later:
  • “A crisis-era mortgage makes a comeback” (WSJ, 1/2/16)
  • “Regulators failed in Irish banking crisis, says inquiry” (FT, 1/28/16)
  • “EU auditors criticise Brussels’ handling of bailouts” (FT, 1/27/16)
  • [TOP TEN]“This meltdown isn’t a reprise of 2008” (WSJ, 1/17/16)
  • “Financial crisis still splits parties” (WSJ, 1/12/16)

December 2015

• Financial Crisis 8 Years Later:
  • “Savvy bank chiefs put succession on their new year to-do list” (FT, 12/29/15)
  • [TOP TEN]“What ‘The Big Short’ gets right, and wrong, about the housing bubble” (NYT, 12/23/15)
  • “‘Big Short,’ big hooey” (WSJ, 12/16/15)
  • [TOP TEN]“As commercial real estate prices soar, Fed weighs the consequences” (WSJ, 12/12/15)
  • “What ‘The Big Short’ got right and wrong” (WSJ, 12/12/15)
  • “Financial crisis sparked wide range of fiscal cures, says study” (FT, 12/11/15)

November 2015

• Financial Crisis 8 Years Later:
  • “The HBOS collapse offers a lesson on the winner’s curse” (FT, 11/25/15)
  • “HBOS senior managers face fresh probe as regulators blame board” (FT, 11/20/15)
  • “Better late then never for banking discipline” (FT, 11/20/15)
  • “In the long shadow of the Great Recession” (FT, 11/11/15)
  • “Lenders struggle to weather storms on all sides” (FT, 11/11/15)

October 2015

• Financial Crisis 8 Years Later:
  • “Hostility and hyperinflation” (FT, 10/25/15)
  • “Bernanke and Lehman, revisited” (WSJ, 10/23/15)
  • “Don’t look back in anger at bailouts and stimulus” (WSJ, 10/16/15)
  • “Bernanke attacks Capitol Hill over crisis role” (FT, 10/6/15)
  • [TOP TEN]“In Bernanke’s memoir; a candid look at Lehman” (NYT, 10/6/15)
  • “Bernanke blames Capitol Hill for lagging recovery” (NYT, 10/6/15)
  • “Bernanke blames capitol hill for lagging recovery” (NYT, 10/6/15)
  • “Policy makers skeptical on preventing financial crisis” (NYT, 10/5/15)
  • “Dollar’s surge against other currencies weighs down United States’ economy” (NYT, 10/5/15)
  • “How not to prevent the next financial meltdown” (WSJ, 10/3/15)

September 2015

• Financial Crisis 8 Years Later: “Lehman’s psychological scars fuel investor jitters” (FT, 9/15/15)

August 2015

• Financial Crisis 7 Years Later:[TOP TEN]“Bank litigation costs hit $260bn–with $65 bn more to come” (FT, 8/24/15)

July 2015

• Financial Crisis 7 Years Later:“Ireland’s elite in spotlight at banking collapse inquiry” (FT, 7/31/15)

June 2015

• Financial Crisis 6 Years Later:
  • “Banks’ post-crisis legal costs hit £300bn” (FT, 6/8/15)
  • “WaMu ‘golden parachutes’ contested” (WSJ, 6/1/15)

May 2015

• Financial Crisis 6 Years Later:
  • “Ex-Lehman boss breaks silence” (NYT, 5/29/15)
  • “Lehman’s Fuld says it wasn’t his fault” (WSJ, 5/29/15)
  • “Credit derivatives deserve a revival– if financiers grow up” (FT, 5/22/15)
  • “Trader wrestles Lehman estate over big bonus” (WSJ, 5/18/15)
  • “AIG’s chief says insurer is reducing its risk” (NYT, 5/2/15)

April 2015

• Financial Crisis 6 Years Later:
  • [TOP TEN]“Wall Street executives from the financial crisis of 2008: where are they now?” (Vanity Fair, April 2015)
  • “Lehman’s Ex-CEO is resurfacing” (WSJ, 4/4/15)
  • “Loss for Spain’s ‘bad bank’” (WSJ, 4/1/15)
• Whistleblowers: “Reality-TV star blows whistle again” (WSJ, 4/23/15)

March 2015

• Financial Crisis 6 Years Later:
  • “Citigroup’s roaring Wall Street revival, 7 years after teetering on the brink” (NYT, 3/11/15)
  • [TOP TEN]“In eye of economic storm, the Fed blinked” (NYT, 3/5/15)
  • “Behind the scenes at the Fed” (NYT, 3/5/15)
  • “Fed in 2009, sweating the details as disaster loomed” (NYT, 3/5/15)
  • “Fed confronted a chaotic banking system in 2009” (LAT, 3/5/15)
  • [TOP TEN]“A financial system still dangerously vulnerable to a panic” (WSJ, 3/2/15)
  • “Where have the good times gone?” (FT, 3/2/15)

February 2015

• Financial Crisis 6 Years Later:
  • “Holder sets deadline for financial-crisis cases against individuals” (WSJ, 2/18/15)
  • “Since the financial crisis, a little less inequality” (NYT, 2/17/15)
  • “After crisis, a cash flood and silence” (NYT, 2/15/15)
  • [TOP TEN] “After crisis, Goldman goes it alone” (WSJ, 2/12/15)
  • “Chief hails Goldman’s stable returns” (FT, 2/11/15)
  • “Goldman Sachs: without paper” (FT, 2/11/15)
  • “Blankfein sees a pickup in trading” (WSJ, 2/11/15)
• Rescue of AIG:
  • “CEO lead AIG from brink” (WSJ, 2/28/15)
  • “Robert Benmosche, rescuer of AIG, dies at 70” (NYT, 2/28/15)

January 2015

• Lehman Bankruptcy 6 years later: “Trustee seeks to pay out additional $2.2 billion” (WSJ, 1/29/15)

December 2014

• Financial Crisis 6 Years Later:
  • [TOP TEN]“Court filing illuminates Morgan role in lending” (NYT, 12/30/14)
  • “The real reason for Washington’s derivatives gift to banks” (LAT, 12/25/14)
  • “Bailouts approach a final reckoning” (WSJ, 12/21/14)
  • “US declares bank and auto bailouts over, and profitable” (NYT, 12/20/14)
  • [TOP TEN]“When regulators are blind to rules” (NYT, 12/19/14)
• Lessons Learned from Past Financial Crises: [TOP TEN]“Misreading the lessons from crises” (NYT, 12/12/14)
• Shadow Banking 6 Years Later: “‘Shadow’ reveals Fed’s limits” (WSJ, 12/22/14)

November 2014

• Financial Crisis 6 Years Later: “Lehman, the financial crash and the making of history” (FT, 11/11/14)

October 2014

• Financial Crisis 6 Years Later: 
  • “Monetary policy: an unconventional tool” (FT, 10/6/14)
  • [TOP TEN]“Six years later, we’re still litigating the bailouts. Here’s what we know.” (NYT, 10/3/14)
  • “Creating more homeowners without building a crisis” (WSJ, 10/3/14)
• Subprime Mortgage Lending 6 Years Later:“Citigroup turns page on subprime” (WSJ, 10/3/14)

September 2014

• Financial Crisis 6 Years Later: 
  • [TOP TEN]“Lehman revisited: the bailout that never was” (NYT, 9/30/14)
  • “The dismal science” (NYT, 9/27/14)
  • “A radical response” (NYT, 9/25/14)
  • “Emerging market brace for a bumpy ride” (FT, 9/19/14)
  • “‘Ratings shopping’ on the rise amid US securitisation surge” (FT, 9/16/14)
• Liquidity and Contagion in the Financial Crisis of 2008: [TOP TEN] “Liquidity for banks, this time defined” (NYT, 9/5/14)
  
• Subprime Mortgage Lending 6 Years Later:
  • “Citigroup near subprime-unit exit” (WSJ, 9/16/14)
  • “Subprime time?” (NYT, 9/14/14)
  • “Main Street’s subprime lenders run into headwinds“(FT, 9/6/14)
• Tightening Credit Standards’ Impact on Minority Borrowers: “Minority borrowers feel mortgage pinch” (WSJ, 9/23/14)

August 2014

• Financial Crisis 6 Years Later: 
  • [TOP TEN]“Bernanke: 2008 meltdown was worse than great depression” (WSJ, 8/27/14)
  • “‘Better than the 1930s’ is a low bar to clear” (FT, 8/18/14)
  • “Lehman creditors will soon see cash” (WSJ, 8/17/14)
  • “Wall Street relief as feared inquisitor Levin retires” (FT, 8/11/14)
  • “Greece’s economic implosion was so brutal it took down young and old alike” (WSJ, 8/10/14)

July 2014

• Financial Crisis 6 Years Later:
  • “Wall Street legend ‘Ace’ Greenberg dies” (FT, 7/26/14)
  • “The lingering, hidden costs of the bank bailout” (WSJ, 7/24/14)
  • “Our financial cirsis amnesia” (WSJ, 7/10/14)

June 2014

• Financial Crisis 5 Years Later:
  • “Borrower beware” (FT, 6/14/14)
  • “AIG names successor to executive who nursed it through financial crisis” (NYT, 6/11/14)
  • “The crisis shows moral capital is in secular decline” (FT, 6/10/14)
  • “Anglo Irish bank ‘consigned to history’” (FT, 6/9/14)
  • “Timothy Geither: after the financial crisis” (WSJ, 6/8/14)
  • “Why banking crises happen in America but not in Canada” (FT, 6/4/14)

May 2014

• Eurozone Crisis (2011-2012):
  • “‘If the euro falls, Europe falls’” (FT, 5/16/14)
  • “Inside Europe”s Plan Z” (FT, 5/15/14)
  • “How the euro was saved” (FT, 5/12/14)
• Financial Crisis 5 Years Later:
  • [TOP TEN] “After crisis, a new spirit of reining in the banks” (NYT, 5/30/14)
  • “Overleveraged, under siege” (WSJ, 5/29/14)
  • [TOP TEN]“Disarm our doomsday machine” (FT, 5/28/14)
  • “The hot seat” (NYT, 5/24/14)
  • [TOP TEN] “Financial crisis, over and already forgotten” (NYT, 5/23/14)
  • “Geithner depicts consensus in crisis, not vision” (NYT, 5/22/14)
  • “Bankrupt Housing Policy” (NYT, 5/20/14)
  • “What we Learned from Tim Geithner’s Book” (NYT, 5/19/20)
  • “Mortgage, Equity woes linger” (WSJ, 5/20/14)
  • “Springtime for Bankers” (NYT, 5/19/14)
  • [TOP TEN]“Geithner staying on script” (NYT, 5/18/14)
  • “The case against the Bernanke-Obama financial rescue” (NYT, 5/17/14)
  • [TOP TEN] “The paradox of financial crises” (WSJ, 5/13/14)
  • “A memoir from the eye of a financial storm” (NYT, 5/12/14)
  • “The man who knew too little” (WSJ, 5/12/14)
  • “An uncertain legacy for the president’s man” (FT, 5/12/14)
  • “Geithner reveals Lehman splits” (FT, 5/12/14)
  • [TOP TEN]“What Timothy Geithner really thinks” (NYT, 5/11/14)
  • [TOP TEN] “Lehman’s legacy fades at Barclays” (WSJ, 5/6/14)
  • “Why economics failed” (NYT, 5/2/14)
• Housing Recovery 5 Years Later:  “What housing recovery?” (NYT, 5/9/14)

April 2014

• History of the Financial Crisis and Bubbles:  [TOP TEN] “Human nature means financial crises are price of progress” (FT, 4/26/14)

March 2014

• Financial Crisis 5 Years Later:
  • “Mortgage insurers rise forth from the ashes” (FT, 3/19/14)
  • “Stress tests won’t prevent the next financial crisis” (WSJ, 3/19/14)
  • “Greek bank to test debt markets” (FT, 3/7/14)

February 2014

• Financial Crisis 5 Years Later:
  • [TOP TEN] “Records detail Fed’s struggles in 2008” (LAT, 2/22/14)
  • [TOP TEN] “Drama, fear and gallows humour as Fed confronted Lehman’s implosion” (FT, 2/23/14)
  • [TOP TEN] “Fed’s Aid in ’08 Crisis stretched worldwide” (NYT, 2/24/14)
  • [TOP TEN] “The Fed’s Actions in 2008: What the Transcripts Reveal” (NYT, 2/22/14)
  • [TOP TEN] “New view into Fed’s response to crisis” (WSJ, 2/23/14)
  • [TOP TEN] “Records detail Fed’s struggles in 2008” (LAT, 2/23/14)
  • [TOP TEN] “A new light on regulators in the dark” (NYT, 2/23/14)
  • [TOP TEN] “Fed misread fiscal crisis, records show” (NYT, 2/23/14)
  • [TOP TEN] “Yellen offered warnings with wit” (NYT, 2/23/14)
  • [TOP TEN] “Fed fretted over reaction to demise of Lehman” (NYT, 2/23/14)
  • [TOP TEN] “Rosengren expressed alarm early on” (WSJ, 2/23/14)
  • [TOP TEN] “Fed 2008 Transcripts: Concern and Hope Give Way to Urgent Action” (WSJ, 2/23/14)
  • “Bank’s 2008 thinking set for scrutiny” (WSJ, 2/21/14)
  • “Emerging markets can learn from America’s stress tests” (FT, 2/21/14)
  • “Bailout gave small bank a chance to survive” (NYT, 2/14/14)
  • “A eulogy to Bernanke’s turbulent Fed years” (FT, 2/1/14)

January 2014

• Bernanke Legacy: “History of the Fed is key to Bernanke’s legacy” (FT, 1/23/14)
• Financial Crisis 5 Years Later:
  • “RBS warns of big legal costs in 2013 results” (WSJ, 1/28/14)
  • “RBS faces £8bn loss after provision for mis-sold US mortgage claims” (FT, 1/28/14)
  • “Past sins haunting Royal Bank of Scotland” (NYT, 1/28/14)
  • “The Bernanke legacy” (WSJ, 1/28/14)
  • “Gloom over EM hits fund managers” (FT, 1/27/14)
  • “Taking stock of Fed chief” (WSJ, 1/27/14)
  • “In search of a better bailout” (FT, 1/27/14)
  • “Bankers assess once-in-generation reform” (FT, 1/24/14)
  • “Recession’s true cost is still being tallied” (NYT, 1/22/14)
  • “Reflections by America’s buddha of banking” (NYT, 1/17/14)
  • “Nothing can end the divine right of bankers” (FT, 1/17/14)
  • “After crisis, Iceland holds a tight grip on banks” (NYT, 1/16/14)
  • “Investors hunt for the financial ‘polar vortex’” (FT, 1/10/14)
  • “Powered down” (FT, 1/7/14)
  • “Rapid fall in capital flows poses growth risk” (FT, 1/7/14)
• Lehman Bankruptcy: “Lehman judge gets misty as end nears” (WSJ, 1/30/14)
• Mortgage Securitizations 5 Years Later: “Mortgage bankers face the fear in Las Vegas” (FT, 1/24/14)

December 2013

• AIG Bailout and the Role of Insurers in the Financial Crisis of 2007-2008: “Insurers may be at the center of the next big crisis” (FT, 12/27/13)
• End of General Motors Bailout: “US ends bailout of GM, selling last shares of stock” (NYT, 12/10/13)
• Financial Crisis 5 Years Later:
  • “Meltdown averted, Bernake struggled to stoke growth” (WSJ, 12/18/13)
  • [TOP TEN] “The Bernake years” (FT, 12/16/13)
  • [TOP TEN] “Five years on, Lehman still haunts us” (FT, 12/9/13)
• Regulation of Big Banks – 5 Years Later: “It’s hard to summon sympathy for big banks” (NYT, 12/13/13)
• Sale of Lehman Hedge Fund: “Lehman Brothers estate shopping 20% stake in D.E. Shaw” (WSJ, 12/5/13)

November 2013

• Blame the Rating Agencies?: [TOP TEN]“When a deal goes bad, blame the ratings” (NYT, 11/15/13)
• End to Irish Bailout: “Ireland to exit bailout, and without a safety net” (NYT, 11/15/13)
• End of the “Great Recession of 2007-2013”:
  • “Things didn’t go as planned” (NYT, 11/27/13)
  • “US Stocks boosted by hopes for easy policy” (FT, 11/19/13)
  • “Fed official hopeful on recovery” (LAT,11/19/13)
• Evolution of Credit and Financial Crises:  [TOP TEN] “Where credit is due” (NYT, 11/12/13)
• Financial Crisis 5 Years Later: “The design failures that lead to financial explosions” (FT, 11/13/13)
• Impact of “Great Recession of 2007-2013”: “Graduate data reveal England’s lost generation” (FT, 11/19/13)
• New Mortgage Securitization Risk: “Yield-hungry US banks gorge on ‘sliced and diced’ securities” (FT, 11/29/13)

October 2013

• Change in Goldman Sachs Culture Oost-1999 IPO: [TOP TEN] “How the banker went to Vegas” (WSJ, 10/10/13)
• Danger of New Financial Crisis – Hedge Funds and Shadow Banks: “Watchdogs urged to look in the shadows” (FT, 10/18/13)
• Financial Crisis 5 Years Later:
  • “Forecasting turbulence” (WSJ, 10/2/2/13)
  • “The human cost of the crisis explained” (FT, 10/21/13)
  • “Banks face profit squeeze” (WSJ, 10/19/13)
  • “The map and the territory” (FT, 10/19/13)
  • “New York banks cut and run” (WSJ, 10/9/13)
  • “Buffett’s crisis-lending haul reaches $10 billion” (WSJ, 10/7/13)
  • “Paradigm shift in banking” (WSJ, 10/1/13)
• Greenspan and the Financial Crisis 5 Years Later: [TOP TEN] “Crash course” (FT, 10/27/13)

September 2013

• Collapse of Royal Bank of Scotland in 2008: “A pacy account of the storm before the bailout” (FT, 9/12/13)
• Financial Crisis 5 Years Later:
  • “GM debt sheds a ‘junk’ label” (WSJ, 9/24/13)
  • “Small banks clutch lifeline” (WSJ, 9/24/13)
  • “Lavish perks take a dubbing on Wall Street” (LAT, 9/21/13)
  • “At AIG, Benmosche steers a steady course” (WSJ, 9/21/13)
  • “Lehman rocks anniversary” (WSJ, 9/20/13)
  • “The government won” (WSJ, 9/20/13)
  • “The bubble next time” (LAT, 9/20/13)
  • “MBA schools learn, teach new lessons” (LAT, 9/19/13)
  • “Some banks too small to succeed” (LAT, 9/18/13)
  • “Five years later: don’t mention the Feds” (WSJ, 9/18/13)
  • [TOP TEN]“Fallen financial giants keep up charitable giving” (WSJ, 9/16/13)
  • “After a financial flood, pipes still broken” (NYT, 9/15/13)
  • “Still caught in the housing tailspin” (NYT, 9/14/13)
  • “What we learned from the financial crisis” (WSJ, 9/14/13)
  • “Help wanted: struggles of a lost generation” (WSJ, 9/14/13)
  • [TOP TEN] “Lawyers and accountants clock up $3bn payday in Lehman aftermath” (FT, 9/13/13)
  • [TOP TEN] “Insane financial system lives on post-Lehman” (FT, 9/13/13)
  • [TOP TEN] “Winners of Lehman’s spoils” (WSJ, 9/13/13)
  • [TOP TEN] “A toxic bond’s legacy lives on” (WSJ, 9/13/13)
  • “Fed official cautions on rule-making” (WSJ, 9/13/13)
  • “After Asia’s rally comes the test” (WSJ, 9/12/13)
  • “Barclays/Lehman: many happy returns” (FT, 9/12/13)
  • “Post-crisis politics promise chronic stagnation” (FT, 9/12/13)
  • “Five years after crisis, much still to do” (WSJ, 9/12/13)
  • [TOP TEN]“Five years later, financial lessons not learned” (WSJ, 9/11/13)
• Financial Crisis 5 Years Later– Bernanke Legacy: “Tale of the taper” (FT, 9/16/13)
• Financial Crisis 5 Years Later– Hedge Funds: “Citadel chief rails against megabanks” (FT, 9/11/13)
• Financial Crisis 5 Years Later–Lehman Collapse:
  • “Rewriting the Lehman postmortem” (WSJ, 9/21/13)
  • “We still live in Lehman’s shadow” (FT, 9/18/13)
  • “In Lehman’s shadow, Ex-CEO Fuld carries on, quietly” (WSJ, 9/14/13)
  • “Post-Lehman rally faces its greatest test” (FT, 9/14/13)
  • “The debt penalty” (FT, 9/11/13)
  • [TOP TEN]“Life on Wall Street grows less risky” (WSJ,  9/10/13)
  • “What might have been, and the fall of Lehman” (NYT, 9/10/13)
  • “A plan to finish fixing the global financial system” (FT, 9/10/13)
  • “Miliband, like most of the left, misread Lehman” (FT, 9/10/13)
  • “Credit Suisse switches focus back to growth” (FT, 9/10/13)
  • “Deal made in fund lawsuit” (WSJ, 9/9/13)
  • [TOP TEN]“The perils when megabanks lose focus” (NYT, 9/6/13)
  • “Years of tragic waste” (NYT, 9/6/13)
• Litigation Costs of Financial Crises: “For banks, a full-court legal press” (WSJ, 9/18/13)
• New Fed Chair (Summers v. Yellen) and Summers’ Role in Earlier Financial Crises: “Fed nomination prospects bring focus on Lawrence Summers’s past” (FT, 9/6/13)

August 2013

• AIG Recovery: “Dividend restored at AIG” (WSJ, 8/2/13)
• FDIC and Bank Failures: “Fewer bank failures as sector heals” (WSJ, 8/30/13)
• Paulson, TARP, and Bonuses: “Five years after TARP, Misgivings on bonuses” (NYT, 8/27/13)
• S&P Mortgage Bond Ratings: “Banks find S&P more favorable in bond ratings” (NYT, 8/1/13)

July 2013

• Ben Bernanke’s Legacy:
  • “Fed Chairman’s departure casts a new light on the Bush legacy” (NYT, 7/27/13)
  • “Mistreating Ben Bernanke, the man who saved the economy” (WSJ, 7/26/13)
  • “The time Bernanke got it wrong” (NYT, 7/19/13)

June 2013

• Collapse of Merrill Lynch: “Pain of Thain falls mainly on Merrill” (WSJ, 6/6/13)
• Innovation and Banking Reform: “Banking and finance” (FT Magazine, June 2013)

April 2013

• Housing Bubbles: “Before Housing Bubbles, There Was Land Fever” (NYT, 4/21/13)

March 2013

• Causes of the 2007-09 Financial Crisis and Lessons Learned: “Note to self: Don’t repeat the mistakes of 2008” (WSJ, 3/4/13)

February 2013

• AIG:
  • “An epic corporate tale told by an unreliable narrator” (LAT, 2/24/13)
  • “AIG: On the Right Track” (FT, 2/25/13)
  • “An epic story– as told by the man at its center” (FT, 2/21/13)) (Book review of The AIG Story)
• Causes of the 2007-09 Financial Crisis and Lessons Learned: “Money, money everywhere except the real economy” (FT, 2/9/13)
• [TOP TEN] Danger of Future Financial Collapse: “What’s inside America’s banks” (The Atlantic, Jan/Feb 2013)
• S&P Lawsuit: “S&P and the Lehman Tsunami” (WSJ, 2/9/13)
• Treasury Secretary Geithner Retires:“Banks’ at least had a friend in Geithner” (NYT, 2/3/13)

January 2013

• Bank Regulation in 2012: “Banks end 2012 with higher earnings and fewer failures” (LAT, 1/1/13)
• Causes of the 2007-09 Financial Crisis and Lessons Learned: 
  • [TOP TEN]“Financial collapse: A 10-step recovery plan” (NYT, 1/19/13)
  • “Fed minutes to show slow crisis reaction” (FT, 1/19/13)
  • [TOP TEN]“The fed in slow motion: On eve of housing crisis in 2007, top officials doubted the need to act” (NYT, 1/19/13)
  • “Fed underestimated financial crisis in ’07” (LAT, 1/19/13)
  • “In the finger-pointing over the housing bubble, a new target emerges” (NYT, 1/10/13)
• Orange County Bankruptcy: “Citron serves well as cautionary tale” (LAT, 1/19/13)
• Recovery of Banks from the Financial Crisis:
  • “Prophecies made in Davos don’t always come true” (NYT, 1/22/13)
  • “In Davos, atmosphere for bankers improves” (NYT, 1/21/13)
  • “Bank of America, Citi Group earnings disappointing investors” (LAT, 1/18/13)
  • “Morgan Stanley’s new strategy welcome” (FT, 1/19/13)
  • “After crisis, a top bank is emerging stronger” (NYT, 1/19/13)
  • “Morgan Stanley swings to a profit” (LAT, 1/19/13)
  • “Citi and BofA fail to dispel concerns” (FT, 1/18/13)
  • “Mortgage crisis lingers on  Citi and BofA” (NYT, 1/18/13)
  • “Bolstered by investments Goldman Sach’s profit soars” (NYT, 1/17/13)
  • “Goldman and JP Morgan profits soar above forecast” (FT, 1/17/13)
• Treasury Secretary Geithner Retires:
  • “Geithner leaves with head held high” (FT, 1/25/13)
  • “In exit interview Geithner muses on Crisis Era” (WSJ, 1/18/13)
  • “The Geithner goodbye” (NYT, 1/11/13)

December 2012

• Bank Liquidity and Solvency: “Banks need to rediscover the ancient arts of caution” (FT, 12/14/12)
• Bank Regulation in 2012: “Scandals dominate bank sector” (FT, 12/30/12)
• Impact on Stock Ownership of the Two Financial Crises: “For many financial advisers, stocks become a hard sell” (WSJ, 12/11/12)
• Rogue Financier: “I have chosen the bright side” [Book Review of Florian Homm ‘Rogue Financier”] (FT, 12/8/12)

November 2012

• Banks Dominate Mortgage Market: “After bailout, giants dominate the mortgage business” (NYT, 11/1/12)
• FHA and the Housing Crisis: “The latest taxpayer housing bust” (WSJ, 11/20/12)
• Lawyers and the Financial Crisis: “As the crisis is revisited lawyers win” (NYT, 11/16/12)

October 2012

• [TOP TEN] Danger of Quants and Automated Trading: “A Lesson from 1987, unlearned by Wall St.” (NYT, 10/19/12)
• Housing Boom and Bust: “Housing fever can work both ways” (NYT, 10/7/12)

September 2012

• Cost of the Recent Final Crisis: “Financial Crisis cost US $12.8 Trillion” (LAT, 9/13/12)
• Financial Collapse of 2008: “Wait, who saved the financial system” (WSJ, 9/8/12)
• FDIC Chairman Sheila’s Bair Book on the Financial Crisis: “Heard on the street: Bairing teeth at Citi’s Pandit” (WSJ, 9/26/12)
• Goldman Sachs:
  • “Behind Goldman Sachs’s success, a focus on survival” (NYT, 9/19/12)
  • “Book by former banker promises peek inside Goldman Sachs” (NYT, 9/13/12)
• Impact of the Recent Financial Crisis: 
  • “Patience is required to meet the Fed’s dual mandate” (FT, 9/20/12)
  • “Footnote to Financial Crisis: More people shun the bank” (WSJ, 9/12/12)
• Lehman Collapse of 2008:
  • “Lehman anniversary deserves more than silent neglect” (FT, 9/21/12)
  • “Dead Bank Walking” (NYT Magazine, 9/16/12)
  • “Two Days in September” (NYT, 9/15/12)

August 2012

• Municipal Bankruptcy’s and the Housing Collapse of 2007: “Housing bust: Who is to blame?” (LA Daily Journal, 8/1/12)
• Rule of Law: “A nation addressed from the rule of law” (WSJ, 8/22/12)
• Washington Mutual Collapse: “Bankers and their powerless victims” (Review of The Lost Bank) (LAT, 8/12/12)

July 2012

• Barclays: “Barclays and BoE have probably saved the financial system” (FT, 7/9/12)
• Bear Stearns: “The bad boys of Bear Stearns: Where are they now?” (Business Insider, 7/23/12)
• California Mortgage Crisis: “California foreclosure crisis easing” (LAT, 7/24/12)
• Collapse of the Commercial Mortgage Market in 2007: “Commercial mortgages show how bad it got” (NYT, 7/6/12)
• Impact of Recent Financial Scandals: “The scandal behind the new financial scandals” (WSJ, 7/17/12)
• JP Morgan/Peregrine Financial Group/Barclays: “Financial scandal scorecard” (NYT, 7/21/12)
• Washington Mutual Collapse:
  • “Pity the investors, condemn the bankers” (Review of The Lost Bank) (FT, 7/19/12)

June 2012

• “Dr. Doom of the European Crisis”: “One Wall St. seer says the great tragedy is near” (NYT, 6/19/12)
• Impact of the Financial Crisis of 2007-2009: “Families lost 40% to the recession” (LAT, 6/12/12)
• Washington Mutual Collapse:
  • “Bank on the run: How Wamu’s demise hit home” (Excerpt from The Lost Bank) (WSJ, 6/9/12)