Is the Run on the Dollar Due to Panic or Greed?

Ellen Brown / Truthdig Nov 4, 2019 Some experts believe bankers are depriving small businesses of affordable loans in order to line their own pockets. Dig deeper ( 6 Min. Read )

Could Trump Be a One-Man Version of the Lehman Brothers?

Nomi Prins / TomDispatch Sep 17, 2018 The disgraced global financial firm cooked the books, and the president may have done likewise. The trouble is that his shell games still largely remain to be revealed. Dig deeper ( 10 Min. Read )

3 Crucial Lessons We Failed to Learn From the Great Recession

Robert Reich / Truthdig Sep 17, 2018 Not only have the bankers responsible escaped culpability, but we remain vulnerable to another crash. What's worse, now we have Trump. Dig deeper ( 3 Min. Read )

Donald Trump and the Next Crash: Making the Fed an Instrument for Disaster

Nomi Prins / TomDispatch Apr 30, 2018 There’s a crucial institution in Washington that few in the media seem to be paying attention to, even as President Trump quietly makes it his own. Dig deeper ( 9 Min. Read )

The Third Democratic Debate: The Gloves Come Off

Staff / Truthdig Dec 20, 2015 Two issues dominated the opening of the third and last Democratic presidential debate of 2015: the Bernie Sanders-Hillary Clinton data breach controversy, and foreign policy—namely how to deal with Islamic State. (Updated) Dig deeper ( 11 Min. Read )

The Pathology of the Rich White Family

Chris Hedges / Truthdig May 18, 2015 The rich white family is a menace, and the sickness within it is the most dangerous threat to America. Dig deeper ( 8 Min. Read )

Searching for Sustainable Models of Activism, 2 Years After Occupy

Sonali Kolhatkar / Truthdig Sep 20, 2013 While economists are celebrating a tenuous recovery five years after the collapse of Lehman Brothers, this week’s US Census Bureau report on poverty provided a sobering statisticThis week’s U Census Bureau report on poverty provides a sobering statistic. Dig deeper ( 6 Min. Read )

We Told You So

By James K. Galbraith, The Baffler May 19, 2012 Two months before the collapse of Lehman Brothers in 2008, a group of experts and I warned the Obama campaign about the likelihood of a global economic crisis. Not the slightest word came back. Dig deeper ( 10 Min. Read )

Lehman Brothers: We Let Them Get Away With It

Staff / Truthdig Apr 24, 2012 "60 Minutes" digs into the collapse of Lehman Brothers, and more specifically the government's decision not to prosecute the managers of the failed investment bank or its accounting firm. Dig deeper ( 1 Min. Read )

Geithner and Goldman, Thick as Thieves

Robert Scheer / Truthdig Jun 1, 2011 What was Timothy Geithner thinking back in 2008 when, as president of the New York Fed, he decided to give Goldman Sachs a $30 billion interest-free loan as part of an $80 billion secret float to favored banks? The sordid details of that program were finally made public this week in response to a court order for a Freedom of Information Act release, thanks to a Bloomberg News lawsuit.Oh yes, what did Goldman do with that taxpayer money it borrowed back in 2008? Dig deeper ( 4 Min. Read )

Lehman Execs May Escape Charges

Staff / Truthdig Mar 13, 2011 Officials at the SEC have begun to doubt that the agency can prove that executives of the now-defunct Lehman Brothers investment bank broke the law after the company allegedly moved billions of dollars off its balance sheet. Dig deeper ( 1 Min. Read )

When the Euro Almost Died

Staff / Truthdig Sep 25, 2010 In a fascinating tale of international financial intrigue, the Wall Street Journal reveals how a secret task force of European leaders -- dubbed “the group that doesn't exist” -- was formed in 2008 to prevent the collapse of the eurozone, which could have triggered another global economic tsunami. Dig deeper ( 1 Min. Read )