Global Financial Crisis of 2007-2008

News, features and opinion on the Global Financial Crisis of 2007-2008, including the collapse of Lehman Brothers and how the ...

A fresh financial crisis may be coming - it won't play out like the last one

What could the next meltdown look like?
The New RepublicOpinion

The Financial Product That Blew Up the Global Economy Is Back

As if the economy isn’t already in enough chaos, the banks are reviving credit default swaps. Hold on to your butts!
Opinion

The private-credit mess won’t lead to a financial crisis like 2008’s, says top IMF official

Tobias Adrian, the IMF’s monetary and capital-markets director, says incentives today are better aligned among issuers of private credit and investors in it than was the case when subprime mortgage ...
American Banker

Exclusive: Warren to probe Warsh on his role in 2008 crisis

Senate Banking Committee ranking member Elizabeth Warren, D-Mass. WASHINGTON — Sen. Elizabeth Warren, D-Mass., is pressing the Federal Reserve for records relating to the actions of Kevin Warch, a ...

Warren draws ‘parallels’ between AI ‘bubble’ and financial crisis

Sen. Elizabeth Warren (D-Mass.) warned on Thursday that investments in artificial intelligence could trigger a potential ...
PBS

Why private credit is creating major concerns among economists

Investors and economists are warning about a piece of the financial system that could pose a risk that is potentially similar in ways to the housing crash that preceded the financial crisis in 2008.
Morningstar

The private-credit mess won't lead to a financial crisis like 2008's, says top IMF official

Uncertainty over which banks had large losses from underwater subprime mortgage securities led to the collapse of Lehman Brothers in 2008. Private credit is a top vulnerability in the global economy, ...