Articles About Great Depression

Federal Reserve chairman and Great Depression scholar Ben Bernanke will stay in his job for another four years if President Barack Obama gets his way.  There likely will be some contentious moments during the reconfirmation hearings as Senators grill him about bailing out Wall Street institutions deemed too big to fail.  He is expected to […]

Hollywood’s Blockbuster Year “Hooray for Hollywood”, said the 1937 lyric by Johnny Mercer, sung during the depths of the Great Depression.  It appears the one industry that’s recession proof has done it again.  While the world’s economy has gone into free fall, Hollywood is in a state of euphoria right now, buoyed by a box-office […]

The Obama administration has proposed the most comprehensive overhaul of the nation’s financial industry since the Great Depression.  The measures, as outlined by Secretary of the Treasury Timothy Geithner, will require regulation of hedge funds for the first time and give government wide-ranging powers to seize and take apart companies that are perceived as threats […]