Tag: wall street
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Presidential debate arrives where roots of financial crisis can be traced
When President Barack Obama and Republican challenger Mitt Romney debate Monday night in Boca Raton, they'll be doing so, almost literally, in the shadow of the housing crisis and economic collapse. While the topic of the debate is foreign policy, Boca is where the financial products that built up the housing bubble were conceived....
Americans' trust in banks hit record low as financial scandals continue
In 2007, two in five Americans said they trusted banks. Now, just five years later, that number has dipped to one in five. New York Times columnist Eduardo Porter asks what changed. Do we care about bad behavior in corporate America?...
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