Economics Explained
Why Top Investors Are Betting Against The USA
Michael Burry, the investor made famous when he shorted the US housing market before the crash of 2008, has recently bet against the US Bond market. What relationship between the economy and the stock market made him think this would...
Bloomberg
Post Mortem on the Banking Crisis
Tim Massad, Former CFTC Chairman breaks down whether we saw the banking crisis coming and if we received proper warnings. He also discusses why this was about bad bank management.
Bloomberg
Nobel Winner Romer Says Fears of Another Crisis Stifle Investment
Oct.19 -- Paul Romer, 2018 Nobel Laureate in Economics, explains the endogenous growth theory in reflection of the 2008 financial crisis, and discusses preparing banks for the next crisis, and the trouble he sees with macroeconomics. He...
Bloomberg
Future Financial Crises Will Be Deeper, Universa's Spitznagel Warns
Sep.14 -- Mark Spitznagel, Universa Investments LP founder, discusses the lessons learned from the 2008 financial crisis. He speaks with Bloomberg's Erik Schatzker.
Bloomberg
Wall Street Week: One More Thought on 9/11
Sep.10 -- On the 20th anniversary of the 9/11 attacks, David Westin reflects on crises that have occurred since that tragedy, and how different the societal response to threats to the homeland has become.
Bloomberg
CME CEO Duffy Sees 'Tremendous' Amout of Money on the Sidelines
Sep.19 -- Terry Duffy, CME Group chairman and chief executive officer, reflects on the financial crisis of 2008 and the performance of markets since then. He speaks with Bloomberg's Caroline Hyde and Scarlet Fu on "Bloomberg Markets: The...
Bloomberg
How Steven Mnuchin Got the Treasury Job
Feb.09 -- Before Donald Trump picked him to be his Treasury secretary, Steven Mnuchin was a Goldman Sachs partner, hedge fund manager, bank owner, and Hollywood producer. In other words, he was sitting on top of the elite institutions...
Bloomberg
Roubini Warns of 'Perfect Storm' Stalling Global Growth in 2020
Sep.07 -- Nouriel Roubini, chairman and chief executive officer at Roubini Macro Associates, looks back on the financial crisis and warns of the next potential global slowdown in 2020. He speaks with Bloomberg's Francine Lacqua from the...
Bloomberg
Purves Sees the S&P 500 Falling Another 300-500 Points
Mar.17 -- Michael Purves, Tallbacken Capital Advisors chief executive officer, sees the S&P 500 index falling even further. He appears on "Bloomberg The Open."
PBS
Pbs News Hour Extra: African Americans Facing Higher Unemployment
African Americans are being especially hard hit by the 2009 economic crisis. In St. Louis, Missouri, thirty percent of them are unemployed. After watching this news video, teachers can refer to the accompanying questions to lead a...
PBS
Pbs Online News Hour: When Is This Recession Going to End?
Top economists give their predictions regarding the 2009 recession. When will it bottom out? How bad will it actually become? 1/14/09
Khan Academy
Khan Academy: Bailout 12: Lone Star Transaction
This video explains a real-life example of a transaction involving CDOs. [10:27]