2008 financial crisis

Bernanke Says He Was Reluctant On AIG Bailout Amid Government Lawsuit credit: Chip Somodevilla/Getty Images

Bernanke Says He Was Reluctant On 2008 AIG Bailout

Former Federal Reserve Chairman Ben Bernanke etched a portrait Friday of his initial reluctance to have the central bank rescue American International Group Inc. in 2008. But he ultimately came to believe the $85 billion bailout loan to the company was needed to avert a shock to the financial system.

10/10/2014

Young American adults, Millennials, are forging their own optimistic way into adulthood through a detachment to politics and religion, distrust of others, and low levels of financial literacy. (Credit: Christopher Furlong/Getty Images)

Study: Millennials Forging Optimistic Future Despite Failing Financial Behavior

Young American adults, Millennials, are forging their own optimistic way into adulthood through a detachment to politics and religion, distrust of others, and low levels of financial literacy.

03/10/2014

U.S. House Speaker John Boehner (R-OH) (C) looks on as U.S. President Barack Obama (R) speaks. (Photo by Dennis Brack-Pool/Getty Images)

Boehner: Obama Risking Default By Rejecting Talks With Republicans

The United States moved closer to the possibility of the first-ever default on the government’s debt Sunday as Speaker John Boehner adamantly ruled out a House vote on a straightforward bill to boost the borrowing authority without concessions from President Barack Obama.

10/06/2013

Fannie Mae posted its second quarterly gain since being taken over by the government during the 2008 crisis.

Fannie Mae Earns $2.2 Billion In Second Quarter

Fannie Mae earned $2.2 billion from April through June, its second quarterly gain in net income since being taken over by the government during the 2008 financial crisis.

08/13/2012

Follow

Get every new post delivered to your Inbox.

Join 1,838 other followers