Trusted local news leader for Prescott area communities since 1882
Fri, June 05

Decade Later: Safer financial system yet much hasn’t changed

In this Sept. 15, 2008, file photo traders work on the floor of the New York Mercantile Exchange in New York. Home prices had sunk, and foreclosure notices began arriving. Layoffs began to spike. Tremors intensified as Lehman Brothers, a titan of Wall Street, slid into bankruptcy on Sept. 15, 2008. The financial crisis touched off the worst recession since the 1930s Great Depression. (Seth Wenig/AP, File)

In this Sept. 15, 2008, file photo traders work on the floor of the New York Mercantile Exchange in New York. Home prices had sunk, and foreclosure notices began arriving. Layoffs began to spike. Tremors intensified as Lehman Brothers, a titan of Wall Street, slid into bankruptcy on Sept. 15, 2008. The financial crisis touched off the worst recession since the 1930s Great Depression. (Seth Wenig/AP, File)

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