Warren Buffett continued to sell his stake in Moody’s, the credit ratings agency faulted for contributing to the financial crisis because of the rating it issued to new and complex high-risk investments during the height of the…
Many aspects of the financial crisis are still with us. But when it comes to one of the most profound economic impacts of the 2008 meltdown — the downright seizure of credit markets — things could hardly be more different now…
The capital markets have recovered nicely from the depths of the financial crisis’s despair, though skittishness remains. What the economy sorely needs now is the next big thing — perhaps a new technology that boosts business …
“It felt like the world was on fire,” recalls financial writer Andrew Ross Sorkin, whose book Too Big To Fail covers the crisis at its peak. In an interview, he discusses the meltdown, its aftermath, the quest for power on Wall…
September marks the anniversary of two events that rocked the markets: the Sept. 11, 2001, terrorist attack and the Lehman Brothers bankruptcy in 2008. Today, many people worry about the possibility of a terrorist attack on the financial system. International economist Rex Ghosh, who has written a novel about just that, discusses the threat.
Continue reading Could Terrorists Create a Market Crash?
Could Terrorists Create a Market Crash? originally appeared on DailyFinance on Sat, 11 Sep 2010 09:15:00.