The Financial Crisis of 2008 And Beyond
Spring, 2009
OLLI at LSU ~ Lagniappe Studies Unlimited

The Financial Crisis of 2008 And Beyond...

Time & Dates: 9:00–11:00 a.m., Fri., March 6, 13, 20, 27, April 3, 17, 2009
Instructors: Tommy Beard, PhD; Jim Bolner, PhD; and Nancy Sidener, PhD
Coordinator: Mitch Hollier, 272-0930

We plan to examine the causes and evolution of the fnancial crisis in the United States and the extraordinary measures taken by the Federal Reserve and U.S. Treasury to prevent a deep depression; the political background of the crisis, the Congressional and Presidential responses; the possible long-term impact of the crisis on our governmental institutions; and the impact of the fnancial crisis on international trade and global economics.


The Giant Pool of Money [NPR program; May 9, 2008]

Another Frightening Show About the Economy [NPR program; October 3, 2008]

Bad Bank [NPR program; February 27, 2009] [A fine website documenting the U.S. government's recovery efforts.]

Who's to Blame for the Bailout Deal's Stumble? [Time magazine, September 26, 2008]

25 People to Blame for the Financial Crisis [from Time magazine's website; March 6, 2009]

CCH Financial Crisis News Center [Gives up to date information on developments.]

Gene Lyons, "Idealism Takes a Hit," October 29, 2008

Michelle Singletary, "Blame Game Gets Nasty When It Targets the Poor," October 12, 2008 [PDF] [Word]

The Crash of 1929 [PBS]

A View of Fannie Mae and Freddie Mac's Role in the Crisis of 2008 [Slideshow - Requires PowerPoint or free PowerPoint Viewer]

Editorial: Harmful Lending Practices - New York Times, November 22, 2008

History of U.S. Currency

Financial Crisis for Beginners [Concerned Economists/Journalists]

Inside the Meltdown [PBS]


Fannie Mae

Freddie Mac


Ginnie Mae

Michael Barone, “Ad Hoc Fed, Treasury Acts Caused the Financial Crisis, Not Deregulation, Tax Cuts”Wall Street Journal, March 10, 2009   [PDF]

The Charlie Rose TV Show

The New York Times

The UN Wire

CNBC (TV) "House of Cards" - March 15, 2009

"Ex-leaders of Countrywide Benefit from Bad Loans," New York Times, March 3, 2009

"New York Attorney General says 73 AIG Executives Got $1 million Bonuses," San Francisco Chronicle, March 17, 2009

"Treasury Unveils Details of Plan to Relieve Banks of Toxic Assets," Washington Post, March 23, 2009

The Financial Crisis: A Timeline of Events and Policy Actions,
Federal Reserve Bank of St. Louis, March 23, 2009

"How Geithner's Bank Plan Will Work," Marketplace/Public Radio, March 23, 2009

Paul Krugman, "Financial Policy Despair," New York Times, March 23, 2009

Stephen Pearlstein, "Optimism Over Despair," Washington Post, March 24, 2009

"U.S. Rounding Up Investors to Buy Bad Assets," New York Times, March 23, 2009

"Le parachute doré du PDG de Valeo fait l'unanimité contre lui,"  Le Monde, March 24, 2009 -- More on the Crisis in France...

Ten Trillion and Counting [Excellent analysis of the national debt. Frontline, PBS, March 24, 2009] 

Frank Partnoy, "Derivative Dangers," [Fresh Air, PBS, March 25, 2009]

Martin Wolf [Column], Financial Times, March 26, 2009

Economists' Forum [blog], Financial Times

"Why the Meltdown Should Have Surprised No One," Ludwig von Mises "Economics Blog", March 16, 2009

In Depth Analysis of Income and Taxation in the United States

The Economist's April's Fool Joke  

This American Life  
[More of "This American Life"] 

Economy Dominates G-20 Summit [NPR]

Using Audio and Video on NPR.orgp  [NPR}



jimbolnersr @ ~ April 3, 2009