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What Really Caused the Recession

The Great Recession wasn’t the result of subprime mortgage madness, according to a new report from the National Bureau of Economic Research. It was just a plain old bank panic. Yeah, but weren’t bank panics supposed to be a thing of the past, thanks to the creation of the Federal Deposit Insurance Corporation in 1934? [...]

Stock Markets

DJIA10447.93  chart+127.83
NASDAQ2233.75  chart+33.74
S&P 5001104.51  chart+14.41
2010-09-03 16:02
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