Ben Bernanke participates in a discussion at the Ford School in 2003 (via Ford School on Flickr)
06 Oct 2015

Former Fed Chair Bernanke Says Bankers Should Have Been Jailed For ’08 Crash

Former Federal Reserve Chairman Ben Bernanke, who engaged in his own questionable conduct while head of the Fed, has now said that individuals should have gone to jail for engaging in the financial crimes that led to the 2008 financial crisis. Bernanke’s statement came last week during a book promotion

File: At an Occupy Wall Street march on March 15, 2012, a banner reads "Foreclose On Banks Not People." (Flickr / Michael Fleshman)
18 Aug 2015

Report: Cost Of Financial Crisis Reached $20 Trillion

Last month, the nonpartisan financial reform organization Better Markets put out a report claiming that the total cost for the 2008 financial crisis and resulting recession reached$20 trillion. The number comes from an estimate of how much of a toll the crash put on the gross domestic product with high unemployment/underemployment and the hollowing out of the middle class through foreclosures, deferred education, and bankruptcies.

12 May 2015

Victory for Grassroots as Fast Track Goes Down in Crucial Senate Vote

‘We know the forces pushing the job-killing TPP won’t stop here, and they should know, neither will we,’ says Democracy for America By Deirdre Fulton Update (3 pm EDT): In what was immediately heralded as a victory for the grassroots, Senate Democrats on Tuesday stymied President Barack Obama’s corporate-driven trade