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Showing posts with label Subprime Meltdown. Show all posts
Showing posts with label Subprime Meltdown. Show all posts

The Subprime Meltdown, Five Years On



Five years ago, Lehman Brothers went bankrupt, collapsing the house of cards known as Wall Street. But after a bailout by American taxpayers, Wall Street has completely recovered. The American people? Not so much.

Here are a few shocking, infuriating, damming statistics from advocacy organization Public Citizen:

The crash cost the U.S. economy $22 trillion, meaning that every American got
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