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
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.
‘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