BY ANTONY CURRIE
Australia’s prime minister in 2008 told Breakingviews how his government decided to spend some 6 pct of GDP on tax breaks, infrastructure and cash payments to citizens. That helped the country heavily exposed to China, commodities, finance and housing avoid a recession – just.
First published Oct. 23, 2018
(Image: REUTERS/Amr Alfiky)
BY ROB COX
Deutsche Bank was credited with coming through the 2008 crisis in better shape than many of its rivals. Jain, who rose from running the German lender’s global markets business to eventually become CEO, stopped by Times Square to speak with Rob Cox about the state of finance.
First published Oct. 15, 2018
(Image: REUTERS/Ralph Orlowski)
BY ROB COX
The founder of Oaktree Capital, with $120 bln of assets, doesn’t see signs of an imminent correction or crisis. But investors, particularly in the credit markets, are acting bullish in ways they’ll inevitably regret when the cycle turns, Marks told Rob Cox earlier in October.
First published Oct. 11, 2018
(Image: REUTERS/Brendan McDermid)
BY ROB COX
The presidency of the Richmond Fed, whose territory included two top U.S. banks, offered a unique window on the financial crisis. Wachovia needed rescuing and BofA’s deal to buy Merrill Lynch nearly collapsed. Lacker reflects on what went down and where finance is headed.
First published Oct. 9, 2018
(Image: REUTERS/Kevin Lamarque)
BY ROB COX
Even before Lehman Brothers went belly-up, the U.S. Treasury was hatching a contingency plan. Kashkari was one of the architects of the Troubled Asset Relief Program, which plugged some $250 bln into banks. He joins Rob Cox from his current perch running the Minneapolis Fed.
First published Oct. 4, 2018
(Image: REUTERS/Chip East)
BY ANTONY CURRIE
The chair of U.S. bank regulator FDIC in 2008 recalls how competition and disagreements between watchdogs contributed to the crash. A decade later, despite leaving the industry, she still feels an obligation to warn of the dangers of rolling back some post-crisis reforms.
Sheila Bair is a director of Thomson Reuters, the parent company of Breakingviews.
First published Sept. 28, 2018
(Image: REUTERS/Yuri Gripas)
BY ROB COX
As the chief executive of Citigroup, Pandit engineered the bank’s rescue and recovery from the crisis ten years ago. He swung by Times Square to discuss lessons learned, the things that still worry him and where he’s placing his bets on the future of the financial industry.
First published Sept. 26, 2018
(Image: REUTERS/Brendan McDermid)
BY GINA CHON
President Trump’s first National Economic Council director and former Goldman Sachs No. 2 discusses the financial crisis and its aftermath with Gina Chon. He also gives his take on tax cuts and trade, and explains why JPMorgan boss Jamie Dimon would make a “phenomenal” president.
First published Sept. 18, 2018
(Image: REUTERS/Jeenah Moon)
BY ROB COX
On the day Lehman Brothers went belly-up, Merrill Lynch sold itself to Bank of America. As president of the “Thundering Herd,” Fleming was the architect of that transaction. In conversation with Rob Cox, he defends the deal, reminisces on the crisis and discusses his new venture.
First published Sept. 13, 2018
(Image: REUTERS/Shannon Stapleton)
BY JOHN FOLEY
Barney Frank helped craft the post-crisis rules that put banks back on track. He talks with John Foley about how politics has made the system more fragile, why populism thrived on the right but fizzled on the left, and what it was like to be one of the few openly gay lawmakers.
First published Sept. 10, 2018
(Image: REUTERS/Brendan McDermid)