The 2008 Financial Crisis -- Ten Years Later . . .

nycpf's picture

Ten years ago, on this very day, Lehman Brothers filed for Chapter 11 bankruptcy. This started a pivotal three-week period that ultimately resulted in the worst financial crisis since the Great Depression.

As we look back at what took place ten years ago, we'll discuss the following:

- How much have we recovered? More importantly, how are some still left behind?

- Were the massive bailouts of the financial institutions justified?

- Was the justification of "too big to fail" a morally plausible one?

- What were the lessons learned, if any?

- Are the corrective measures that went into effect (e.g., the Dodd Frank Act) sufficient in addressing the root cause?

- Can this happen again -- or more appropriately, are we in a midst of another impending financial crisis?

- How the financial crisis adversely affected the world market. Also the scope of geopolitical implications from the downturn of international market.

- Finally, how has the financial crisis affected you personally? Did you make career changes or redirect your budgeting or fiscal priorities?