A simple, beginner-friendly explanation of the 2008 financial crisis, what caused it, and the key lessons every investor should understand.
The 2008 financial crisis upended lives overnight; jobs disappeared, savings shrank, and uncertainty became the norm. But ...
Mr. Bookstaber is the author of “A Demon of Our Own Design,” which in 2007 warned of the potential for a financial crisis. At the start of the 2008 financial crisis, I was at a hedge fund. By its end, ...
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Richard Bookstaber, the financial analyst and author who spent decades working inside hedge funds and the US Treasury before writing the book that foreshadowed the 2008 financial crisis, says the ...