…for financial corporations. From the fourth quarter of 2007 to the fourth quarter of 2008 financial corporation profits fell from $370.3 billion to $122.4 billion, or about 66% while total…

…a structure that rewards making things less than it rewards creating financial time bombs with multi-year fuses. We’ve been rewarding the financial time bomb makers more and more since Reagan…

…financial position and condition, its revenues and costs, assets and liabilities, and other obligations and commitments. The Report also discusses important financial issues and significant conditions that may affect future…

…financial assets: People spend money (some of it borrowed from the financial sector), paying people to create real assets. (Purchases of existing real assets can spur creation of new ones…

…three economists looked at how financial innovation leads to an bloated financial sector as well as greatly increasing the risk of meltdown. One quibble is that they characterize financial innovation…

…of central banks in the advanced economies to the financial meltdown. There are many who voice concerns about the ending of the current financial cycle. Mohammed El-Erian, president of Queens’ College…

…collapses. He served on the board of Signature Bank, passed signature legislation following the 2008 financial collapse known as the Dodd-Frank Act and he chaired the House Financial Services Committee…

…Greenspan did not take swaps/derivatives seriously even after the Bankers Trust and Long-Term Capital Management. LTCM crisis – Extreme Events in Finance, extreme-events-finance.net. Democrats Ask Biden Financial Regulator to Reverse…

…This according to Chris Collins, a wealth advisor at Northwestern Mutual’s Collins Financial. Collins suspects that most middle-class Americans feel anxious about their financial situations because of financial-shock fatigue. The…

…Act. Oct.-Nov. 1999 Congress passes Financial Services Modernization Act which repeals GS and modifies the Bank Holding Act. This was the start of 2008. In 2010 Dodd–Frank Wall Street Reform…