Financial crisis
The term financial crisis is applied broadly to a variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many fin...
Financial crisis - Wikipedia
Big government enables the bad actors
Big government enables the bad actors.
Exclusive: Goldman Axing Nearly 30 Percent Of Asia Investment Banking Jobs
Goldman Sachs (GS.N) is cutting almost 30 percent of its 300 investment banking jobs in Asia outside Japan in response to a slowdown in activity in the region, two sources familiar with the matter tol...
Goldman Sachs Bans Employees From Donating To Trump
Goldman Sachs has enacted a set of rules that bans the firm’s top employees from contributing to certain campaigns, including the Trump-Pence ticket.
Goldman Sachs CEO On Hillary Clinton: 'Of Course We Engage' On Policy
Goldman Sachs CEO Lloyd Blankfein tells CNN's Fareed Zakaria that it's necessary for his company have a good relationship with the Clintons.
Did FDR End The Great Depression?
When the Democratic Party tinkers with the economy they make it worse.
Corker: Dodd-Frank Relief Will Be “Great for Middle America”
February 3, 2017 - During an interview on CNBC, U.S. Senator Bob Corker (R-Tenn.), a member of the Senate Banking, Housing and Urban Affairs Committee, discu...
U.S. Top Court Leans Toward Making Insider Trading Prosecutions Easier
U.S. Supreme Court justices hearing a closely watched insider trading case indicated on Wednesday they could issue a ruling that would make it easier for prosecutors to pursue such charges against hed...
How Much You Need To Earn To Buy A Home In 27 US Cities
The rent may be too damn high, but so is the cost of buying a place — particularly in California. This map show the salary you'd need to buy a home in different US cities, based on the median home pri...
Guess Who’s Getting That Bank Settlement Cash
Millions of dollars in big-bank settlements—from Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan Chase, Bank of America and others—are being channeled to liberal groups like La Raza and the Urba...
The Wealthy Have Healed From Recession. The Poor Haven't Even Started.
The Great Recession and the subsequent recovery from it have deepened the wedge between the very wealthy and everyone else in America, plunging the poor deeper into debt and wiping out two-fifths of t...
Feds Want 'Wolf of Wall Street' Profits As Part Of $3.5 Billion Fraud Allegations
In a massive lawsuit that reads like an international thriller, the U.S. government claims that well-connected fraudsters stole $3.5 billion from Malaysia and used it to buy New York condos, hotels, y...
Goldman Sachs Hired Prostitutes To Win Libyan Business, Court Told
Wall Street Bank disputes allegations by Libyan sovereign wealth fund that it paid for the women, as well as private jets and five-star hotels
Goldman Sachs' Profits And Bonuses Plunge
It's a tough start to the year for investment banking powerhouse Goldman Sachs. Revenues and profits plunged due to market uncertainty. The bonus pool shrank as well.
Goldman Sachs Must Pay $5 Billion For The Sale Of Risky Mortgages Leading Up To The Financial Crisis
The Justice Department on Monday announced a $5-billion settlement with Goldman Sachs over the sale of mortgage-backed securities leading up to the 2008 financial crisis.
Is College Worth It? Goldman Sachs Says Maybe Not
Goldman Sachs calls into question whether a college degree is worth it. The 'return' on higher education is declining. A college degree is getting so expensive that it might not be worth the money any...
Bank failure
A bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. More specifically, a ...
Bank failure - Wikipedia
Stock market crash
A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as ...
Stock market crash - Wikipedia
1997 Asian financial crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion.The crisi...
1997 Asian financial crisis - Wikipedia
2007 subprime mortgage financial crisis
The U.S. subprime mortgage crisis was a nationwide banking emergency that coincided with the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices, leading to...
2007 subprime mortgage financial crisis - Wikipedia
Energy crisis
An energy crisis is any great bottleneck (or price rise) in the supply of energy resources to an economy. In popular literature though, it often refers to one of the energy sources used at a certain t...
Energy crisis - Wikipedia
Great Recession
The Great Recession was the general economic decline observed in world markets around the end of the first decade of the 21st century. The exact scale and timing of the recession is debated and varied...
Great Recession - Wikipedia
Savings and loan crisis
The savings and loan crisis of the 1980s and 1990s (commonly dubbed the S&L crisis) was the failure of 1,043 out of the 3,234 savings and loan associations in the United States from 1986 to 1995: ...
Ignite!
Ignite! Learning, Inc. is an educational software and hardware company co-founded in 1999 by Texas businessman Neil Bush and Ken Leonard. Neil is a brother of Former President George W. Bush and Form...
Sarah Palin
Sarah Louise Palin (/ˈpeɪlɨn/; née Heath; born February 11, 1964) is an American politician, commentator, and author who served as the ninth Governor of Alaska, from 2006 to her resignation in 2009. A...
Sarah Palin - Wikipedia