Ten years ago this month, Congress responded to the most serious economic crisis since the Great Depression by passing the American Recovery and Reinvestment Act of 2009 (Recovery Act). 503 more words
Tags » Financial Crisis
In early 2009, with the financial crisis still raging, progressive policymakers passed legislation upending the credit card industry. This legislation precluded card issuers from changing interest rates without sufficient warning or charging exorbitant late fees. 763 more words
If you’re seeking major insights into America’s recent economic and financial history, a barber’s obituary probably wouldn’t be the place you’d start looking. But if you checked out the notice placed in the… 606 more words
How the shadow of the financial crisis shaped this portfolio manager's strategy to insulate investors
In 2008, Ryan Marr felt invincible.
At 21, as a co-op student from Wilfrid Laurier University, he was handling millions of dollars in investments for Gluskin Sheff and Associates, a Toronto-based firm that had close to $4 billion in assets at the time. 1,682 more words