Page 5 - Financial Crisis
Dow enters bear market territory as WHO declares Coronavirus pandemic
NEW YORK (Reuters) - Wall Street stocks plunged on Wednesday, with the Dow <.DJI> confirming a bear market for the first time since the financial crisis after the World Health Organization called the coronavirus outbreak a pandemic.
 "Dow enters bear market territory as WHO declares Coronavirus pandemic")
Bitcoin's 9,000,000% rise this decade leaves the skeptics aghast
The largest digital token, trading around $7,200, has posted gains of more than 9,000,000 per cent since July 2010, according to data compiled by Bloomberg.
 "Bitcoin's 9,000,000% rise this decade leaves the skeptics aghast")
World economy needs intellectual revolution to get out of low-growth trap
Modern policy makers operate in a world of radical uncertainty. They simply do not know what might happen next - and under these conditions, economic models need to be seen in a new light
 "World economy needs intellectual revolution to get out of low-growth trap")
Development dilemmas, at home and abroad
The confluence of an impossible trinity at home and natural, economic, technological and geopolitical disruptions globally raises major concerns
 "Development dilemmas, at home and abroad")
Deutsche Bank's biggest overhaul to cost 7.4 bn euro; 18,000 jobs to go
The plan represents a major retreat from investment banking by Deutsche Bank, which for years had tried to compete as a major force on Wall Street
 "Deutsche Bank's biggest overhaul to cost 7.4 bn euro; 18,000 jobs to go")
How to deal with next financial crisis? Iceland has some lessons to offer
Days after the collapse of 97% of its banking industry, Icelandic authorities designed a comprehensive policy of accountability, based on two overlapping objectives
 "How to deal with next financial crisis? Iceland has some lessons to offer")
Lesson from 2008 financial crisis: What happens when next meltdown strikes?
In 2008, complex financial instruments that almost no one understood inflicted huge losses on giant companies
 "Lesson from 2008 financial crisis: What happens when next meltdown strikes?")
Should the world have allowed the 2008 economic crisis to play out?
Ten years on, it is possible to see how flawed reactions to the financial crisis caused problems we are still living with
 "Should the world have allowed the 2008 economic crisis to play out?")
Ten years after crash, Americans still afraid to embrace the stock market
US households have $900 billion less invested in stocks than in 2007, according to Goldman Sachs research
 "Ten years after crash, Americans still afraid to embrace the stock market")
The day the world changed: A former trader on how credit crunch kicked off
A financial crisis tends to be associated with fears of a bank run
 "The day the world changed: A former trader on how credit crunch kicked off")
Multiple envy
Wells Fargo and US Bancorp raise Citi bar higher
The super rich were the first to bail during the financial crisis
Study says top 0.1% of taxpayers unloaded at elevated rates; one possibility is they think they're better at market timing
 "The super rich were the first to bail during the financial crisis")
Clearing the pitch
Bank overseers take calculated risk on derivatives
A Vasudevan: Don't ask me, I am a central banker!
The financial crisis of 2008 reminded central bankers to be mindful of financial stability, about which Walter Bagehot wrote in the 19th century. Till 2015, we were led to believe that the financial system stability is hunky-dory
