Economics Matters with Laurence Kotlikoff cover image

Dissecting the 2008 Financial Crisis: Opacity, Defaults, and Herd Behavior

Economics Matters with Laurence Kotlikoff

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Analyzing the 2008 Financial Crisis and Federal Reserve Interventions

Exploring the collapse of major financial institutions like Lehman and Merrill Lynch, with a focus on the Federal Reserve's interventions to rescue firms like Morgan Stanley and Goldman Sachs amidst the crisis, advocating for financial stability and a brighter future post the 2008 financial downturn.

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