Newswise — The failure of Bear Stearns and Lehman Brothers; the recent Congressional bailout of AIG, Fannie Mae, and Freddie Mac; the incessant search for new capital to offset mortgage-related losses by once-thriving financial institutions; the seizing up of credit markets; and the increasing stockpiles of vacant and abandoned housing have collectively caused one of the worst financial crisis since the end of World War II.
How did these events happen? What does it mean for the future of the world economy? What corrective policies have been put in place? Does more need to be done by Congress and federal and state regulators? This symposium will gather experts from academia, the financial services sector, consumer groups, Capitol Hill, journalism, unions, and regulatory institutions to provide answers to each of these questions.
RSS