Jobs IRLDecoding DemocracyA Warmer WorldI've Always Wondered ...

Loading...

0:00
0% played

Divided Decade

Ten years ago, the American economy broke. Today, the country is a much different place. We've fractured along many lines — economic, political and cultural. How did we get here? Why? How has the system changed and how has it changed us? What does it mean for our future?

From This Collection

Divided Decade

How a piece of software helped fuel the 2008 financial crash

by Molly Wood
Sep 17, 2018
The seeds of the Great Recession included a lot of greed, fraud ... and some technology.
Michael Osinski developed software that turned mortgages into securities for Wall Street banks. He retired years before the 2008 crash and now farms oysters on Long Island.
Tavner Murphy/Marketplace
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

Lessons learned from an economist's diary during the Lehman collapse

by Sabri Ben-Achour
Sep 14, 2018
We spoke with Grant Thornton economist Diane Swonk about the diary she kept throughout the financial crisis in 2008.
NICHOLAS ROBERTS/AFP/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

A view from the center of the Lehman Brothers collapse

by Sabri Ben-Achour
Sep 14, 2018
Tom Russo, former general counsel at Lehman Brothers and AIG, talked to us about how the fall of Lehman Brothers could have been stopped.
Kiyoshi Ota/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

Once "too small to thrive," now some banks are "too big to fail"

by Sabri Ben-Achour
Sep 11, 2018
There was a time when most banks were small. They liked it that way. Today, just six banks manage more than half the assets in the entire U.S. banking industry.
Chris Hondros/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

Why Lehman still exists 10 years after its collapse

by Tracey Samuelson
Sep 10, 2018
The investment bank's failure triggered nearly 80 bankruptcy proceedings involving hundreds of its subsidiaries.
An employee poses with part of a Lehman Brothers sign at Christie's auction house in London in 2010.
BEN STANSALL/AFP/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

5 things you need to know about Lehman Brothers

by Eliza Mills
Sep 10, 2018
Lehman's collapse is, to this day, the largest bankruptcy filing in U.S. history.
Two employees of Christie's auction house manoeuvre the Lehman Brothers corporate logo on Sept. 24, 2010 in London, England.
Oli Scarff/Getty Images
Share Now on:
SHARE
Divided Decade

Freddie Mac CEO: "The mortgage system is very safe and sound"

by Amy Scott
Sep 6, 2018
Donald Layton on the U.S. housing market 10 years after the financial crisis.
Freddie Mac CEO Donald Layton announced he is retiring this week.
Freddie Mac
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate
Divided Decade

Fannie Mae and Freddie Mac, 10 years after the bailout

by Amy Scott
Sep 6, 2018
Why are the mortgage giants still under government control?
Mortgage finance company Freddie Mac says rates on 30-year fixed mortgages fell below 3% this week. For some people, that's a chance to refinance.
Win McNamee/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

The global economy a decade after the financial crisis

by David Brancaccio and Jonaki Mehta
Sep 5, 2018
A McKinsey Global Institute report looks at what we learned and the risks we can expect moving forward.
A video board shows the Dow Jones closing above 20,000 for the first time at the New York Stock Exchange on Jan. 25, 2017.
BRYAN R. SMITH/AFP/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Divided Decade

The man in charge of TARP: "I'm proud of the actions that we took"

by Kai Ryssdal
Sep 4, 2018
Neel Kashkari on the 2008 financial crisis and what Congress would do if another crisis hits.
Neel Kashkari, former-interim assistant secretary for financial stability and assistant secretary for international affairs at the Treasury Department, waits for the start of the hearing by the Senate Banking, Housing and Urban Affairs Committee October 23, 2008, on Capitol Hill in Washington, D.C.
Joshua Roberts/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE